Creston, Stanton County, Nebraska Property Taxes

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

Median Creston, NE effective property tax rate: 1.33%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Creston, NE home value: $249,100
Median annual Creston, NE tax bill: $3,320, $920 higher than the national median property tax bill of $2,400.

How are property taxes in Stanton County calculated?

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

Last Updated March 1, 2025

Creston, Stanton County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.33%

Estimate Property Tax Bill

$3,313

$3,074

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

Property Tax Rates Across Creston, Stanton County, Nebraska

Local government entities set tax rates, which can vary widely within a state. This is because annually, 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 Creston’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.

Property Tax Rates Across Creston, Stanton County, Nebraska

Source: Ownwell

0.94%

1.37%

1.79%

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 Creston Tax Rate

1.33%

Median Effective Stanton County Tax Rate

1.63%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Creston, Stanton County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68631	1.32%	1.33%	1.33%	1.33%	1.33%

Source: Ownwell

Property Tax Assessment Values Across Creston, Stanton County, Nebraska

When examining property taxes in Creston, 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 Stanton 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. Assessment notices: Stanton County sends assessment notices 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 Creston. For example, the median home price in Creston is $249,100, with tax bills ranging significantly across the county. Zip code 68631 has the highest median home price at $249,100.

Property Tax Assessment Values Across Creston, Stanton County, Nebraska

Source: Ownwell

$137,955

$285,613

$433,270

Median Creston Market Value

$249,100

Median Stanton County Market Value

$152,422

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Creston, Stanton County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68631	$169,708	$180,371	$249,100	$526,966	$588,620

Source: Ownwell

Property Tax Bills Across Creston, Stanton County, Nebraska

In Creston, located in Stanton County, Nebraska, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. Local tax rates are then applied to this assessed value to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value. In Creston, the median home price is $249,100, and tax bills can vary significantly. For example, the 25th percentile tax bill is $2,405, while the 90th percentile reaches $7,794. Notably, the median tax bill in the area is higher than the national median of $2,400, which can be burdensome for homeowners. Ownwell can assist homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing property assessments and ensuring they are fair and accurate, Ownwell helps reduce tax liabilities, providing significant financial relief for homeowners facing high property tax bills in Creston and beyond.

Property Tax Bills Across Creston, Stanton County, Nebraska

Source: Ownwell

$2,162

$3,467

$4,771

Median Creston Tax Bill

$3,320

Median Stanton County Tax Bill

$2,426

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Creston, Stanton County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68631	$2,254	$2,405	$3,320	$6,984	$7,794

Source: Ownwell