Osmond, Pierce County, Nebraska Property Taxes
Median Osmond, NE effective property tax rate: 1.83%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Osmond, NE home value: $127,620
Median annual Osmond, NE tax bill: $2,171, $229 lower than the national median property tax bill of $2,400.
How are property taxes in Pierce County calculated?
Property taxes in Osmond, 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 Osmond’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Osmond, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Osmond, Pierce County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.83%
Estimate Property Tax Bill
$2,335
$2,167
Property Tax Rates Across Osmond, Pierce County, Nebraska
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Osmond, located in Pierce County, Nebraska, stands out with its effective property tax rate of 1.83%. This rate is notably higher than the national median property tax rate of 1.02%. The median property tax rate in Nebraska is the same as Osmond's, indicating a uniformity in property tax rates within this region. This rate is also consistent across other zip codes within the area. When compared to the national median property tax bill of $2400, the higher rate in Osmond may result in a more substantial tax bill for property owners. Understanding these figures is crucial for property owners looking to manage their expenses effectively. By examining these rates, property owners can better anticipate their financial obligations and explore potential savings through property tax appeals or exemptions.
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 Osmond Tax Rate
1.83%
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 Pierce County Tax Rate
1.46%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Osmond, Pierce County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68765 | 1.01% | 1.06% | 1.83% | 1.83% | 1.83% |
Source: Ownwell
Property Tax Assessment Values Across Osmond, Pierce County, Nebraska
When examining property taxes in Osmond, 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 Pierce 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.
In Pierce 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 Osmond. For example, the median home price in Osmond is $127,620, with tax bills ranging significantly across the county. Zip code 68765 has the highest median home price at $127,620.
Property Tax Assessment Values Across Osmond, Pierce County, Nebraska
Source: Ownwell
$37,660
$212,186
$386,712
Median Osmond Market Value
$127,620
Median Pierce County Market Value
$145,155
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Osmond, Pierce County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68765 | $23,362 | $68,092 | $127,620 | $286,485 | $652,485 |
Source: Ownwell
Property Tax Bills Across Osmond, Pierce County, Nebraska
Median Osmond Tax Bill
$2,171
Median Pierce County Tax Bill
$2,274
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Osmond, Pierce County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68765 | $441 | $1,168 | $2,171 | $4,241 | $7,016 |
Source: Ownwell