Mead, Saunders County, Nebraska Property Taxes

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

Median Mead, NE effective property tax rate: 1.78%, significantly higher than the national median of 1.02%, but slightly higher than the Nebraska state median of 1.75%.
Median Mead, NE home value: $166,384
Median annual Mead, NE tax bill: $2,804, $404 higher than the national median property tax bill of $2,400.

How are property taxes in Saunders County calculated?

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

Last Updated March 1, 2025

Mead, Saunders County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.78%

Estimate Property Tax Bill

$2,962

$2,748

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

Property Tax Rates Across Mead, Saunders 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.

In Mead, located in Saunders County, Nebraska, the effective property tax rate is 1.78%. This rate is higher than the national median property tax rate of 1.02%, suggesting that property owners in Mead may pay more than the average American homeowner. However, it's important to note that Nebraska's median property tax rate also stands at 1.78%, indicating that Mead's rate aligns with the state’s average.

Comparing this to other cities in Nebraska, Mead's property tax rate is consistent with the state’s median, reflecting the broader trend in Saunders County. Understanding these rates can help property owners in Mead anticipate their tax liabilities and consider potential appeals or exemptions to manage their expenses effectively.

Property Tax Rates Across Mead, Saunders County, Nebraska

Source: Ownwell

1.11%

1.54%

1.96%

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 Mead Tax Rate

1.78%

Median Effective Saunders County Tax Rate

1.77%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mead, Saunders County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68041	1.32%	1.33%	1.78%	1.78%	1.78%

Source: Ownwell

Property Tax Assessment Values Across Mead, Saunders County, Nebraska

When examining property taxes in Mead, 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 Saunders County Assessor 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 Saunders 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 Mead. For example, the median home price in Mead is $166,384, with tax bills ranging significantly across the county. Zip code 68041 has the highest median home price at $166,384.

Property Tax Assessment Values Across Mead, Saunders County, Nebraska

Source: Ownwell

$108,208

$222,633

$337,058

Median Mead Market Value

$166,384

Median Saunders County Market Value

$199,000

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mead, Saunders County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68041	$59,728	$99,322	$166,384	$253,265	$502,809

Source: Ownwell

Property Tax Bills Across Mead, Saunders County, Nebraska

In Mead, located in Saunders County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the property's market value. Homeowners in Mead face a median property tax bill of $2,804, which is above the national median of $2,400. This means that homeowners here pay a higher percentage of their home's value in property taxes compared to the national average. Factors such as property size, location, and improvements can influence the assessed value and, consequently, the tax bill. For homeowners feeling the pinch of these high taxes, Ownwell offers a solution. By leveraging their expertise in property tax appeals, Ownwell helps homeowners potentially lower their tax bills. Their team analyzes property assessments and identifies opportunities for savings, ensuring that homeowners only pay their fair share. With Ownwell's assistance, homeowners in Mead can navigate the complexities of property tax appeals and keep more money in their pockets.

Property Tax Bills Across Mead, Saunders County, Nebraska

Source: Ownwell

$1,814

$3,821

$5,828

Median Mead Tax Bill

$2,804

Median Saunders County Tax Bill

$3,382

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Mead, Saunders County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68041	$888	$1,725	$2,804	$4,069	$6,824

Source: Ownwell