Duncan, Platte County, Nebraska Property Taxes

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

Median Duncan, NE effective property tax rate: 1.60%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%. Median Duncan, NE home value: $140,720. Median annual Duncan, NE tax bill: $2,190, $210 lower than the national median property tax bill of $2,400.

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

Last Updated March 1, 2025

Duncan, Platte County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.6%

Estimate Property Tax Bill

$2,252

$2,089

Ownwell’s Duncan Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Duncan with just two data points. By entering your property's estimated assessed value, our calculator applies Duncan’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 31141. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Duncan, Platte 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. Below, you can compare Duncan’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S. Nebraska has a median property tax rate of 1.60%, which is significantly higher than the national median of 1.02%. This means that homeowners in Duncan and throughout Nebraska generally pay more in property taxes compared to the national average. When you look at the property tax landscape in Nebraska, Duncan's rate aligns with other cities in the state, which also have a median tax rate of 1.60%. This consistency across the state highlights the uniformity in property tax assessments. As you consider your property tax obligations, understanding these rates can help you make informed decisions and potentially explore opportunities for appeals or exemptions.

Property Tax Rates Across Duncan, Platte County, Nebraska

Source: Ownwell

0.67%

1.23%

1.78%

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 Duncan Tax Rate

1.60%

Median Effective Platte County Tax Rate

1.78%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Duncan, Platte County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68634	1.60%	1.60%	1.60%	1.60%	1.60%

Source: Ownwell

Property Tax Assessment Values Across Duncan, Platte County, Nebraska

When examining property taxes in Duncan, 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 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.

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 Duncan.

For example, the median home price in Duncan is $140,720, with tax bills ranging significantly across the county. Zip code 68634 has the highest median home price at $140,720.

Property Tax Assessment Values Across Duncan, Platte County, Nebraska

Source: Ownwell

$55,940

$249,000

$442,060

Median Duncan Market Value

$140,720

Median Platte County Market Value

$171,615

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Duncan, Platte County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68634	$51,725	$103,572	$140,720	$175,838	$231,890

Source: Ownwell

Property Tax Bills Across Duncan, Platte County, Nebraska

In Duncan, located in Platte County, Nebraska, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the tax bill. With a median home price of $140,720, homeowners in Duncan face a median property tax rate that is slightly above the national median of 1.02%. This results in tax bills that can vary significantly, ranging from $1,596 at the 25th percentile to $3,661 at the 90th percentile. Such variability can have a substantial impact on homeowners' finances.

Homeowners can benefit from appealing their property tax assessments to potentially lower their tax bills. This is where Ownwell can provide valuable assistance. By offering expert property tax appeal and exemption services, Ownwell helps homeowners navigate the complexities of the tax system, ensuring they do not overpay. By leveraging their expertise, homeowners can achieve significant savings on their property tax bills, easing the financial burden and ensuring fair taxation.

Property Tax Bills Across Duncan, Platte County, Nebraska

Source: Ownwell

$418

$2,818

$5,217

Median Duncan Tax Bill

$2,190

Median Platte County Tax Bill

$2,760

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Duncan, Platte County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68634	$546	$1,596	$2,190	$2,782	$3,661

Source: Ownwell