Bayard, Scotts Bluff County, Nebraska Property Taxes
Median Bayard, NE effective property tax rate: 1.68%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Bayard, NE home value: $99,656
Median annual Bayard, NE tax bill: $1,665, $735 lower than the national median property tax bill of $2,400.
How are property taxes in Scotts Bluff County calculated?
Property taxes in Bayard, 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 Bayard’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bayard, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bayard, Scotts Bluff County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.68%
Estimate Property Tax Bill
$1,674
$1,554
Property Tax Rates Across Bayard, Scotts Bluff County, Nebraska
Local government bodies determine property tax rates, which can vary significantly even within the same state. Each year, counties estimate their budgetary needs to provide essential services and divide this by the total assessed value of all taxable properties within their borders. This division results in the property tax rate. Though the process involves votes and legislation, this is the basic annual procedure.
In Bayard, located in Scotts Bluff County, Nebraska, the effective property tax rate stands at 1.68%. This rate is notably higher than the national median property tax rate of 1.02%, reflecting the local fiscal requirements and property values. Interestingly, Bayard's tax rate is consistent across the county, with no variation between different areas, which is uncommon in many regions. This uniformity simplifies tax planning for property owners in the area. When compared to the national median property tax bill of $2,400, property owners in Bayard may experience a higher tax burden, depending on property values. Understanding these rates can help property owners make informed decisions about property investments and tax appeals.
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 Bayard Tax Rate
1.68%
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 Scotts Bluff County Tax Rate
2.03%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bayard, Scotts Bluff County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
69334 | 1.66% | 1.67% | 1.68% | 2.13% | 2.13% |
Source: Ownwell
Property Tax Assessment Values Across Bayard, Scotts Bluff County, Nebraska
When examining property taxes in Bayard, 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 Scotts Bluff 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 Scotts Bluff 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 Bayard. For example, the median home price in Bayard is $99,656, with tax bills ranging significantly across the county. ZIP code 69334 has the highest median home price at $99,656.
Property Tax Assessment Values Across Bayard, Scotts Bluff County, Nebraska
Source: Ownwell
$17,770
$68,128
$118,486
Median Bayard Market Value
$99,656
Median Scotts Bluff County Market Value
$107,015
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bayard, Scotts Bluff County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
69334 | $14,002 | $36,850 | $99,656 | $195,328 | $313,071 |
Source: Ownwell
Property Tax Bills Across Bayard, Scotts Bluff County, Nebraska
In Bayard, located in Scotts Bluff County, NE, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $99,656. Tax rates are applied to this assessed value, resulting in a property tax bill that varies significantly depending on the property's specifics. For instance, the 25th percentile tax bill is $539, while the 75th percentile reaches $3,211. This discrepancy highlights how factors like property size, location, and improvements can influence tax bills. Homeowners in Bayard face tax bills that can reach as high as $5,389 at the 90th percentile.
Compared to the national median property tax bill of $2,400, Bayard's figures can be notably higher or lower, depending on individual circumstances. Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging local expertise, Ownwell helps homeowners identify potential savings and appeal their property assessments, ensuring they only pay their fair share. This service can significantly reduce the financial burden of property taxes for Bayard homeowners.
Median Bayard Tax Bill
$1,665
Median Scotts Bluff County Tax Bill
$2,080
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Bayard, Scotts Bluff County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
69334 | $181 | $539 | $1,665 | $3,211 | $5,389 |
Source: Ownwell