Kearney County Property Taxes
The median property tax rate in Kearney County is 1.71%, which is significantly higher than the national median of 0.99% but slightly below Nebraska's state median of 1.75%. With a median home value of $148,680 in Kearney County, the typical annual property tax bill reaches $2,442, which is below the national median of $2,690. Property taxes in Kearney County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions, such as the primary residence and agricultural exemptions. Understanding Kearney County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Minden or another part of Kearney County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kearney County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.71%
Estimate Property Tax Bill
$2,542
Ownwell’s Kearney County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Kearney County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Kearney County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Kearney County, Nebraska
Property taxes in Kearney County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Kearney County is 1.71%, which is higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Kearney County set these rates annually, and they can vary significantly between different areas within the county. Each year, Kearney County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Kearney County's effective property tax rate with other counties in Nebraska and the national median. For comparison, the city of Minden has one of the higher property tax rates in Nebraska at 1.83%, while the city of Campbell boasts one of the lowest at 0.87%. Analyzing how Kearney County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Kearney County Tax Rate
1.71%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kearney County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Axtell | 1.19% | 1.20% | 1.71% | 1.71% | 1.71% |
| Campbell | 0.76% | 0.87% | 0.87% | 1.07% | 1.26% |
| Gibbon | 1.27% | 1.40% | 1.40% | 1.40% | 1.40% |
| Heartwell | 1.22% | 1.25% | 1.27% | 1.49% | 1.54% |
| Hildreth | 1.06% | 1.06% | 1.07% | 1.08% | 1.14% |
| Kearney | 1.29% | 1.29% | 1.51% | 1.52% | 1.52% |
| Kenesaw | 1.19% | 1.20% | 1.38% | 1.39% | 1.40% |
| Minden | 1.25% | 1.27% | 1.83% | 1.83% | 1.83% |
| Norman | 1.27% | 1.37% | 1.37% | 1.37% | 1.37% |
| Upland | 1.14% | 1.25% | 1.26% | 1.26% | 1.27% |
| Wilcox | 1.07% | 1.52% | 1.52% | 1.52% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Kearney County, Nebraska
In Kearney County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Kearney County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Kearney County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, the median home price in Kearney County is $148,680, with tax bills ranging from $1,371 at the 25th percentile to $6,418 at the 90th percentile. Upland has the highest median tax bill at $8,589, while Norman has the lowest at $463. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Kearney County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Kearney County, Nebraska
Source: Ownwell
$38,410
$362,213
$686,015
Average Kearney County Assessed Value
$148,680
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kearney County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Axtell | $73,015 | $116,752 | $174,795 | $270,072 | $446,198 |
| Campbell | $210,332 | $390,070 | $483,010 | $1,176,702 | $1,507,447 |
| Gibbon | $33,342 | $83,060 | $205,720 | $276,675 | $380,820 |
| Heartwell | $20,294 | $47,585 | $192,545 | $459,650 | $803,920 |
| Hildreth | $208,048 | $239,946 | $459,105 | $874,090 | $972,381 |
| Kearney | $97,799 | $145,575 | $227,610 | $341,215 | $471,149 |
| Kenesaw | $133,245 | $170,955 | $328,870 | $629,390 | $866,263 |
| Minden | $29,937 | $79,625 | $136,705 | $220,280 | $377,889 |
| Norman | $6,952 | $15,088 | $38,410 | $78,726 | $163,075 |
| Upland | $146,154 | $323,542 | $686,015 | $834,119 | $1,041,342 |
| Wilcox | $25,339 | $52,048 | $93,932 | $136,561 | $208,200 |
Source: Ownwell
Property Tax Bills Across Kearney County, Nebraska
In Kearney County, NE, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects a percentage of the property's market value. Homeowners in Kearney County experience varying tax bills, with the 25th percentile at $1,371 and the 75th percentile at $3,913. At the high end, the 90th percentile reaches $6,418. These figures indicate a significant range in tax burdens, influenced by property values and specific local tax rates. Compared to the national median property tax rate of 0.99%, Kearney County's rates can result in substantial differences in annual tax bills. For instance, the median home price in the county is $148,680, leading to varying tax obligations depending on the exact assessed value and applicable exemptions. Homeowners in cities like Upland face the highest median tax bill at $8,589, while those in Norman enjoy the lowest at $463. Understanding these factors helps homeowners anticipate their annual property tax expenses and plan accordingly.
Average Kearney County Tax Bill
$2,442
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Kearney County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Axtell | $912 | $1,760 | $2,772 | $4,009 | $6,079 |
| Campbell | $1,982 | $3,352 | $4,191 | $11,859 | $13,076 |
| Gibbon | $425 | $1,103 | $2,549 | $3,857 | $5,323 |
| Heartwell | $307 | $698 | $2,418 | $5,980 | $10,038 |
| Hildreth | $2,246 | $2,896 | $5,349 | $8,799 | $10,323 |
| Kearney | $1,143 | $2,117 | $3,363 | $4,851 | $7,028 |
| Kenesaw | $1,910 | $2,352 | $4,702 | $8,139 | $12,112 |
| Minden | $478 | $1,352 | $2,350 | $3,692 | $5,704 |
| Norman | $93 | $188 | $463 | $1,048 | $2,327 |
| Upland | $1,803 | $4,094 | $8,589 | $10,467 | $13,041 |
| Wilcox | $369 | $771 | $1,371 | $2,052 | $3,085 |
Source: Ownwell