Monday, December 9, 2013

Saline County Property Taxes Above Average -- For Nebraska And U.S.


Ever wondered how Saline County's property taxes compare to those in other parts of the country -- or even other Nebraska counties? 

CNN Money has an interactive map showing the average amount of annual property taxes paid in every U.S. county from 2007-2011, based on data from the Tax Policy Center.  

Saline County's annual property tax bill was an average of $1,816 per property. That's above average compared to the rest of Nebraska.  While Saline County is considerably lower than Lancaster and Seward counties, and slightly lower than Gage, it is much higher than York, Fillmore, Jefferson and Thayer counties.  Thayer County, for example, saw an annual property tax of $1,020.

(Note: Recall our story from August that Crete and Friend school districts have significantly higher property tax levies than Dorchester.  That must be kept in mind when analyzing the Saline County figure.)

In our state, the counties with the highest average annual property tax burdens were Sarpy ($3,348), Douglas ($2,853), Washington ($2,849), Lancaster ($2,793) and Cass ($2,732).  The Nebraska counties with the lowest average annual property tax burdens were Wheeler ($790), Blaine ($815), Hitchcock ($859), Grant ($862) and Hooker ($867).    

On the national level, 60% of U.S. counties reported annual property taxes averaging between $500 and $1,500, says CNN Money.

The CNN Money map also shows property tax burden as a percentage of home price in each county; in this category, it is clear Nebraska has some of the nation's higher property tax burdens -- with several counties either at or near the 2% of home value range.  Saline County's average property tax burden was around 1.9% the average home price. Over a decade, that certainly adds up.


See the map here.

In Nebraska, the property tax is levied only by local governments -- mostly school districts, counties, cities, and NRDs.  The tax on real estate is levied based on the actual or market value of the real estate.  Most is assessed at 100% of actual value, but ag land has been assessed at only 75% of actual value since 2007.

1 comment:

  1. Enlightening. THank you for posting this information. Now we know why few people build expensive homes in Nebraska. THey end up paying for it several times over with our property taxes.

    ReplyDelete

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