Burwell, Valley County, Nebraska Property Taxes

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

Median Burwell, NE effective property tax rate: 1.30%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Burwell, NE home value: $290,940
Median annual Burwell, NE tax bill: $4,260, $1,860 higher than the national median property tax bill of $2,400.

How are property taxes in Valley County calculated?

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

Last Updated March 1, 2025

Burwell, Valley County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.3%

Estimate Property Tax Bill

$3,782

$3,510

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

Property Tax Rates Across Burwell, Valley County, Nebraska

Local government entities set tax rates, which can vary widely within a state. Why? 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 Burwell’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S. Burwell, located in Valley County, has a median property tax rate of 1.30%. This is higher than the national median property tax rate of 1.02%. However, Burwell's property tax rate is consistent across the county, with no variation in rates between different areas. This stability can be beneficial for property owners seeking predictability in their annual tax bills. Understanding how these rates compare to national figures and other regions within Nebraska is crucial for property owners looking to manage their expenses effectively.

Property Tax Rates Across Burwell, Valley County, Nebraska

Source: Ownwell

1.29%

1.80%

2.31%

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 Burwell Tax Rate

1.30%

Median Effective Valley County Tax Rate

1.81%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Burwell, Valley County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68823	1.13%	1.29%	1.30%	1.45%	1.46%

Source: Ownwell

Property Tax Assessment Values Across Burwell, Valley County, Nebraska

When examining property taxes in Burwell, 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 Valley 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.

Assessment notices:

In Valley 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 Burwell.

For example, the median home price in Burwell is $290,940, with tax bills ranging significantly across the county. The 68823 zip code has the highest median home price at $290,940.

Property Tax Assessment Values Across Burwell, Valley County, Nebraska

Source: Ownwell

$59,020

$222,255

$385,490

Median Burwell Market Value

$290,940

Median Valley County Market Value

$94,595

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Burwell, Valley County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68823	$91,167	$154,752	$290,940	$480,492	$570,877

Source: Ownwell

Property Tax Bills Across Burwell, Valley County, Nebraska

In Burwell, Valley County, NE, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, size, and condition. Homeowners in this area face a median property tax bill of $4,260, significantly higher than the national median of $2,400. This can be burdensome, especially for those with limited financial flexibility. Fortunately, Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging their expertise, homeowners can potentially lower their assessed property values and, consequently, their tax bills. This service is particularly beneficial for those in the higher tax brackets, such as the 75th percentile with tax bills of $6,451 or the 90th percentile at $7,351. By partnering with Ownwell, homeowners can achieve significant savings, making property ownership more affordable and manageable.

Property Tax Bills Across Burwell, Valley County, Nebraska

Source: Ownwell

$1,198

$2,849

$4,499

Median Burwell Tax Bill

$4,260

Median Valley County Tax Bill

$1,656

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Burwell, Valley County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68823	$938	$1,603	$4,260	$6,451	$7,351

Source: Ownwell