Cornlea, Platte County, Nebraska Property Taxes

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

Median Cornlea, NE effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Cornlea, NE home value: $77,065
Median annual Cornlea, NE tax bill: $507, $1,893 lower than the national median property tax bill of $2,400.

How are property taxes in Platte calculated?

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

Last Updated March 1, 2025

Cornlea, Platte County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.41%

Estimate Property Tax Bill

$440

$408

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

Property Tax Rates Across Cornlea, Platte County, Nebraska

Local government entities in Cornlea, located in Platte County, Nebraska, set property tax rates that can vary significantly across the state. The process involves each county estimating its annual budget needed to provide essential services and dividing that figure by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is essentially how the process unfolds each year.

In Cornlea, the effective property tax rate is 0.67%, which aligns with the median property tax rate for Nebraska. This rate is notably lower than the national median property tax rate of 1.02%. Such a comparative advantage can make Cornlea an appealing option for property owners seeking lower tax obligations. Understanding these differences is crucial for property owners looking to make informed decisions about where to live or invest. Cornlea’s competitive tax rate, compared to the national average, highlights the importance of considering property taxes as part of the overall cost of homeownership.

Property Tax Rates Across Cornlea, Platte County, Nebraska

Source: Ownwell

0.41%

0.84%

1.27%

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 Cornlea Tax Rate

0.41%

Median Effective Platte County Tax Rate

1.27%

Median Effective Nebraska Tax Rate

1.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cornlea, Platte County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68642	0.40%	0.40%	0.41%	0.43%	0.45%

Source: Ownwell

Property Tax Assessment Values Across Cornlea, Platte County, Nebraska

When examining property taxes in Cornlea, 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 Platte 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 Platte County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Cornlea. For example, the median home price in Cornlea is $77,065, with tax bills ranging significantly across the county. Zip code 68642 has the highest median home price at $77,065.

Property Tax Assessment Values Across Cornlea, Platte County, Nebraska

Source: Ownwell

$93,085

$310,310

$527,535

Median Cornlea Market Value

$107,215

Median Platte County Market Value

$215,420

Median Nebraska Market Value

$199,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cornlea, Platte County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68642	$26,242	$39,976	$107,215	$192,849	$244,589

Source: Ownwell

Property Tax Bills Across Cornlea, Platte County, Nebraska

In Cornlea, located in Platte County, NE, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the home's market value, which is determined by the county assessor. Factors such as location, property size, and improvements can influence this market value. Cornlea’s property tax rate is relatively low compared to the national median rate of 1.02%, resulting in a median tax bill of $507, significantly below the national median tax bill of $2,400. This lower tax burden can be beneficial for homeowners, but it’s still important to ensure that the assessed value is accurate to avoid overpaying. Ownwell offers property tax appeal services to help homeowners in Cornlea potentially lower their tax bills. By reviewing assessments and identifying discrepancies, Ownwell can guide homeowners through the appeal process, ensuring fair taxation and possible savings. This professional assistance can alleviate the stress of navigating property tax complexities and help homeowners retain more of their hard-earned money.

Property Tax Bills Across Cornlea, Platte County, Nebraska

Source: Ownwell

$406

$2,422

$4,437

Median Cornlea Tax Bill

$406

Median Platte County Tax Bill

$2,466

Median Nebraska Tax Bill

$2,896

Median United States Tax Bill

$2,400

Property Tax Bills Across Cornlea, Platte County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68642	$102	$143	$406	$831	$1,032

Source: Ownwell