Pawnee City, Pawnee County, Nebraska Property Taxes

Name: Property Tax Bills Across Pawnee City, Pawnee County, Nebraska
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Pawnee City, NE effective property tax rate: 1.98%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Pawnee City, NE home value: $52,410
Median annual Pawnee City, NE tax bill: $900, $1,500 lower than the national median property tax bill of $2,400.

How are property taxes in Pawnee County calculated?

Property taxes in Pawnee City, NE are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Pawnee City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pawnee City, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Pawnee City, Pawnee County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.98%

Estimate Property Tax Bill

$1,038

$963

Ownwell’s PAWNEE CITY Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in PAWNEE CITY with just two data points. By entering your property's estimated assessed value, our calculator applies PAWNEE CITY’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in PAWNEE. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Pawnee City, Pawnee County, Nebraska

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county's annual budget requirements. The county estimates the necessary budget to provide services and divides it by the total assessed value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Pawnee City, located in Pawnee County, NE, the effective property tax rate stands at 1.98%, which is notably higher than the national median property tax rate of 1.02%. This rate is consistent across the county, as both the highest and lowest median tax rates in the area are the same. When compared to the national median property tax bill of $2,400, property owners in this region might experience higher tax bills, reflecting the higher effective tax rate. Understanding these rates is crucial for property owners looking to manage their expenses effectively.

Property Tax Rates Across Pawnee City, Pawnee County, Nebraska

Source: Ownwell

1.06%

1.52%

1.98%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Pawnee City Tax Rate

1.98%

Median Effective Pawnee County Tax Rate

1.35%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Pawnee City, Pawnee County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68420	1.24%	1.26%	1.98%	1.98%	1.98%

Source: Ownwell

Property Tax Assessment Values Across Pawnee City, Pawnee County, Nebraska

When examining property taxes in Pawnee City, NE, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Pawnee County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Pawnee County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Pawnee City. For example, the median home price in Pawnee City is $52,410, with tax bills ranging significantly across the county. 68420 has the highest median home price at $52,410.

Property Tax Assessment Values Across Pawnee City, Pawnee County, Nebraska

Source: Ownwell

$30,322

$174,484

$318,645

Median Pawnee City Market Value

$52,410

Median Pawnee County Market Value

$62,218

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Pawnee City, Pawnee County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68420	$10,536	$24,465	$52,410	$133,210	$326,228

Source: Ownwell

Property Tax Bills Across Pawnee City, Pawnee County, Nebraska

In Pawnee City, NE, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as local government budgets and school district funding needs can influence the tax rate, impacting the final amount homeowners owe. In Pawnee County, the median property tax bill is $900, which is significantly lower than the national median of $2,400. However, tax bills can vary widely; for instance, the 25th percentile tax bill is $444, while the 90th percentile reaches $4,296. This variability highlights the importance of ensuring your property is accurately assessed. Ownwell can assist homeowners by evaluating their property's assessed value and identifying opportunities for appeals or exemptions. By leveraging expert knowledge and local insights, Ownwell helps homeowners potentially reduce their property tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Pawnee City, Pawnee County, Nebraska

Source: Ownwell

$462

$1,899

$3,335

Median Pawnee City Tax Bill

$900

Median Pawnee County Tax Bill

$947

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Pawnee City, Pawnee County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68420	$182	$444	$900	$2,088	$4,296

Source: Ownwell