Stromsburg, York County, Nebraska Property Taxes
Median Stromsburg, NE effective property tax rate: 1.09%, slightly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%. Median Stromsburg, NE home value: $132,114. Median annual Stromsburg, NE tax bill: $1,439, $961 lower than the national median property tax bill of $2,400.
How are property taxes in York County calculated?
Property taxes in Stromsburg, 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 Stromsburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stromsburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stromsburg, York County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.09%
Estimate Property Tax Bill
$1,440
$1,336
Property Tax Rates Across Stromsburg, York County, Nebraska
Local government entities set tax rates, which can vary significantly within a state. This variability arises from each county's annual estimation of its budgetary needs to provide services, which is then divided by the total value of all taxable property within its jurisdiction. This process results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the essence of the annual procedure.
In Stromsburg, located in York County, Nebraska, the effective property tax rate offers a unique perspective when compared to other cities within the state. Nebraska's median property tax rate is slightly above the national average, reflecting the diverse needs and valuations across its counties. While York County's rate plays a part in this, it's essential to understand how these local rates contribute to the overall state median. By examining Stromsburg's rate in conjunction with Nebraska's median and the national figures, property owners can gain valuable insights into their tax obligations. This comparison highlights the importance of understanding local tax dynamics and how they impact property owners in different regions.
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 Stromsburg Tax Rate
1.09%
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 York County Tax Rate
1.78%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stromsburg, York County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68666 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Stromsburg, York County, Nebraska
When examining property taxes in Stromsburg, 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 York 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 York 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 Stromsburg. For example, the median home price in Stromsburg is $132,114, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Stromsburg, York County, Nebraska
Source: Ownwell
$46,650
$102,701
$158,751
Median Stromsburg Market Value
$132,114
Median York County Market Value
$120,076
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Stromsburg, York County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68666 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Stromsburg, York County, Nebraska
Median Stromsburg Tax Bill
$1,439
Median York County Tax Bill
$1,911
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Stromsburg, York County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68666 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell