Stromsburg, Polk County, Nebraska Property Taxes
Median Stromsburg, NE effective property tax rate: 1.43%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Stromsburg, NE home value: $118,242
Median annual Stromsburg, NE tax bill: $1,565, $835 lower than the national median property tax bill of $2,400.
How are property taxes in Polk County calculated?
Property taxes in Stromsburg, 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 Stromsburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stromsburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stromsburg, Polk County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.43%
Estimate Property Tax Bill
$1,691
$1,569
Property Tax Rates Across Stromsburg, Polk County, Nebraska
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 Stromsburg Tax Rate
1.43%
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 Polk County Tax Rate
1.34%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stromsburg, Polk County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68666 | 1.05% | 1.07% | 1.43% | 1.43% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Stromsburg, Polk County, Nebraska
When examining property taxes in Stromsburg, 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 Polk 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 Polk 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 Stromsburg. For example, the median home price in Stromsburg is $118,242, with tax bills ranging significantly across the county. Zip code 68666 has the highest median home price at $118,242.
Property Tax Assessment Values Across Stromsburg, Polk County, Nebraska
Source: Ownwell
$53,795
$231,044
$408,292
Median Stromsburg Market Value
$118,242
Median Polk County Market Value
$118,165
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Stromsburg, Polk County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68666 | $38,704 | $66,808 | $118,242 | $200,136 | $425,495 |
Source: Ownwell
Property Tax Bills Across Stromsburg, Polk County, Nebraska
In Stromsburg, Nebraska, located in Polk County, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This value is then multiplied by the local tax rate to determine the final tax bill. The median home price in Stromsburg is $118,242, with property tax bills ranging from $879 at the 25th percentile to $4,898 at the 90th percentile. The median property tax bill stands at $1,565, which is higher than the national median of $2,400. These figures indicate a significant range in property tax liabilities, affecting homeowners differently based on their property's assessed value and the applicable tax rate.
Ownwell assists homeowners in reducing their property tax bills by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell can help ensure that homeowners are not overpaying on their property taxes. This tailored approach can lead to substantial savings, making property ownership more affordable and manageable for residents in Stromsburg.
Median Stromsburg Tax Bill
$1,565
Median Polk County Tax Bill
$1,628
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Stromsburg, Polk County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68666 | $459 | $879 | $1,565 | $2,598 | $4,898 |
Source: Ownwell