Paxton, Perkins County, Nebraska Property Taxes

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

Median Paxton, NE effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Paxton, NE home value: $370,626
Median annual Paxton, NE tax bill: $3,863, $1,463 higher than the national median property tax bill of $2,400.

How are property taxes in Perkins calculated?

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

Last Updated March 1, 2025

Paxton, Perkins County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.04%

Estimate Property Tax Bill

$3,855

$3,577

Ownwell’s Paxton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Paxton with just two data points. By entering your property's estimated assessed value, our calculator applies Paxton’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 Perkins County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Paxton, Perkins County, Nebraska

Local government entities in Nebraska set tax rates, which can vary widely within the state. Each year, counties like Perkins estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

Paxton in Perkins County has an effective property tax rate that can be compared to other cities in Nebraska, as well as to the state's median property tax rate of 1.04% and the national median of 1.02%. Despite slight variations, Nebraska's median rate is quite close to the national average, reflecting a balanced approach to property taxation. This comparison highlights Paxton's position within the broader landscape of property taxes, providing homeowners with valuable insights into their tax obligations. Understanding these rates is crucial for property owners looking to manage their expenses and make informed decisions about property investments in Nebraska.

Property Tax Rates Across Paxton, Perkins County, Nebraska

Source: Ownwell

1.02%

1.24%

1.46%

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 Paxton Tax Rate

1.04%

Median Effective Perkins County Tax Rate

1.33%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Paxton, Perkins County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
69155	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Paxton, Perkins County, Nebraska

When examining property taxes in Paxton, Nebraska, 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 Perkins County Appraisal District 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.

In Perkins County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Paxton. For example, the median home price in Paxton is $370,626, with tax bills ranging significantly across the county. 69155 has the highest median home price at $370,626.

Property Tax Assessment Values Across Paxton, Perkins County, Nebraska

Source: Ownwell

$61,575

$155,651

$249,726

Median Paxton Market Value

$370,626

Median Perkins County Market Value

$109,935

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Paxton, Perkins County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
69155	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Paxton, Perkins County, Nebraska

In Paxton, located in Perkins County, Nebraska, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the county assessor and is intended to reflect the market value of the property. Homeowners in Paxton face a median property tax bill that often surpasses the national median of $2,400. In fact, those in the 25th percentile pay around $3,057, while those in the 75th percentile see bills of approximately $4,532. For homes in the 90th percentile, property tax bills can soar to $9,117. These figures highlight the significant financial burden property taxes can place on homeowners. Factors influencing these assessments include recent home sales, property improvements, and market trends. Ownwell offers a solution by providing expert property tax appeal and exemption services. By leveraging local market insights and a deep understanding of tax regulations, Ownwell can help homeowners contest inflated assessments, potentially reducing their tax bills and easing their financial load.

Property Tax Bills Across Paxton, Perkins County, Nebraska

Source: Ownwell

$819

$1,670

$2,520

Median Paxton Tax Bill

$3,863

Median Perkins County Tax Bill

$1,412

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Paxton, Perkins County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
69155	N/A	N/A	N/A	N/A	N/A

Source: Ownwell