Dunning, Thomas County, Nebraska Property Taxes
Median Dunning, NE effective property tax rate: 0.86%, significantly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Dunning, NE home value: $650,660
Median annual Dunning, NE tax bill: $5,622, $3,222 higher than the national median property tax bill of $2,400.
How are property taxes in Thomas County calculated?
Property taxes in Dunning, 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 Dunning’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dunning, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dunning, Thomas County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.62%
Estimate Property Tax Bill
$5,122
$4,753
Property Tax Rates Across Dunning, Thomas 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 Dunning Tax Rate
0.62%
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 Thomas County Tax Rate
0.66%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dunning, Thomas County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68833 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Dunning, Thomas County, Nebraska
When examining property taxes in Dunning, 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 Thomas 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 Thomas 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 Dunning.
For example, the median home price in Dunning is $650,660, with tax bills ranging significantly across the county. Compared to the national median property tax bill of $2,400, Dunning's tax bills can be considerably higher.
Property Tax Assessment Values Across Dunning, Thomas County, Nebraska
Source: Ownwell
$30,655
$226,238
$421,820
Median Dunning Market Value
$826,115
Median Thomas County Market Value
$87,698
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dunning, Thomas County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68833 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Dunning, Thomas County, Nebraska
In Dunning, located in Thomas County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to establish the annual property tax bill. With a median home price of $650,660, homeowners in Dunning face property tax bills that can be quite substantial. For instance, the property tax bill at the 25th, 75th, and 90th percentiles is consistently $5,622, which is significantly higher than the national median property tax bill of $2,400. These high tax bills can place a considerable financial burden on homeowners.
Ownwell assists homeowners by reviewing their property tax assessments to identify potential inaccuracies or overvaluations. By appealing these assessments, Ownwell can help reduce the assessed value, thereby lowering the tax bill. This service not only provides financial relief but also ensures that homeowners are paying a fair amount. Through expert guidance and strategic appeals, Ownwell maximizes savings on property taxes for Dunning residents.
Median Dunning Tax Bill
$5,153
Median Thomas County Tax Bill
$695
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Dunning, Thomas County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68833 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell