Walthill, Thurston County, Nebraska Property Taxes
Median Walthill, NE effective property tax rate: 3.13%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Walthill, NE home value: $25,665
Median annual Walthill, NE tax bill: $749, $1,651 lower than the national median property tax bill of $2,400.
How are property taxes in Thurston calculated?
Property taxes in Walthill, 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 Walthill’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Walthill, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Walthill, Thurston County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.41%
Estimate Property Tax Bill
$528
$490
Ownwell’s Walthill Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Walthill with just two data points.
By entering your property's estimated assessed value, our calculator applies Walthill’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 Thurston County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Walthill, Thurston County, Nebraska
Local government entities are responsible for setting tax rates, which can differ significantly within a state. This is because each county annually determines its budgetary needs to provide services and then divides that amount by the total value of all taxable property within its area. This process results in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is essentially the annual procedure.
In Walthill, located in Thurston County, the effective property tax rate is 3.13%, which stands out when compared to other cities in Nebraska. This rate is notably higher than the national median property tax rate of 1.02%. The median property tax bill in Thurston County is also likely to exceed the national median of $2,400, reflecting the higher tax rate. Such a significant difference can impact homeowners' financial planning and decisions. Understanding these rates is crucial for property owners who may be considering appealing their property taxes or seeking exemptions. By staying informed about local tax trends and rates, homeowners can make better financial decisions and potentially reduce their tax burden.
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 Walthill Tax Rate
2.41%
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 Thurston County Tax Rate
1.32%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Walthill, Thurston County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68067 | 0.96% | 1.09% | 2.41% | 2.47% | 2.54% |
Source: Ownwell
Property Tax Assessment Values Across Walthill, Thurston County, Nebraska
When examining property taxes in Walthill, 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 Thurston 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 Thurston 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 Walthill.
For example, the median home price in Walthill is $25,665, with tax bills ranging significantly across the county. Zip code 68067 has the highest median home price at $26,495.
Property Tax Assessment Values Across Walthill, Thurston County, Nebraska
Source: Ownwell
$21,918
$86,715
$151,512
Median Walthill Market Value
$21,918
Median Thurston County Market Value
$109,558
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Walthill, Thurston County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68067 | $3,696 | $8,361 | $21,918 | $112,588 | $362,433 |
Source: Ownwell
Property Tax Bills Across Walthill, Thurston County, Nebraska
In Walthill, Nebraska, property tax bills are determined by the assessed value of a home, which is calculated based on the home's market value. Homeowners in Thurston County pay a median property tax bill of $755, which is significantly lower than the national median of $2,400. The tax rate in this area is influenced by local government budgets and the need to fund public services such as schools and infrastructure. Homeowners can experience variations in their tax bills, with amounts ranging from $292 at the 25th percentile to $5,157 at the 90th percentile, reflecting differences in property values and tax rates.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing property assessments and identifying potential discrepancies, Ownwell can help reduce the assessed value, leading to lower tax bills. This service is crucial for homeowners in Walthill who wish to ensure they are not overpaying on their property taxes, potentially saving them significant amounts of money each year.
Median Walthill Tax Bill
$480
Median Thurston County Tax Bill
$1,338
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Walthill, Thurston County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68067 | $75 | $186 | $480 | $1,283 | $3,722 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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| Appeal Deadline | June 30 |
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