Potter, Cheyenne County, Nebraska Property Taxes

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

Median Potter, NE effective property tax rate: 1.81%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Potter, NE home value: $95,695
Median annual Potter, NE tax bill: $1,613, $787 lower than the national median property tax bill of $2,400.

How are property taxes in Cheyenne calculated?

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

Last Updated March 1, 2025

Potter, Cheyenne County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.81%

Estimate Property Tax Bill

$1,732

$1,607

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

Property Tax Rates Across Potter, Cheyenne County, Nebraska

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell. In Potter, located in Cheyenne County, Nebraska, the effective property tax rate is 1.81%. This rate is notably higher than the national median property tax rate of 1.02%. When comparing Potter's tax rate to other cities in Nebraska, it stands out as one of the highest in the state. However, it is essential to consider that property tax rates are influenced by the county's budgetary needs and the total value of taxable property within the area. Understanding these factors can help property owners anticipate changes in their tax bills and explore potential appeals or exemptions to manage their tax liabilities effectively.

Property Tax Rates Across Potter, Cheyenne County, Nebraska

Source: Ownwell

1.44%

1.88%

2.32%

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 Potter Taxx Rate

1.81%

Median Effective Cheyenne County Taxx Rate

2.32%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Potter, Cheyenne County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
69156	1.34%	1.36%	1.81%	1.81%	1.81%

Source: Ownwell

Property Tax Assessment Values Across Potter, Cheyenne County, Nebraska

When examining property taxes in Potter, 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 Cheyenne County assessor 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 Cheyenne 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 Potter. For example, the median home price in Potter is $95,695, with tax bills ranging significantly across the county. Zip code 69156 has the highest median home price at $95,695.

Property Tax Assessment Values Across Potter, Cheyenne County, Nebraska

Source: Ownwell

$62,233

$78,964

$95,695

Median Potter Market Value

$95,695

Median Cheyenne County Market Value

$91,196

Median Nebraska Market Value

$182,439

Median United States Market Value

$244,900

Property Tax Assessment Values Across Potter, Cheyenne County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
69156	$24,524	$49,291	$95,695	$204,030	$331,000

Source: Ownwell

Property Tax Bills Across Potter, Cheyenne County, Nebraska

In Potter, located in Cheyenne County, Nebraska, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The median home price in Potter is $95,695. The property tax rate is then applied to this assessed value to calculate the tax bill. The median property tax bill in this area is $1,613, which is below the national median of $2,400. This means homeowners in Potter generally pay less than the average American homeowner. However, tax bills can vary significantly, with bills in the 25th percentile at $817 and those in the 90th percentile reaching up to $4,532. These variations can be attributed to differences in property values and assessment practices. Ownwell offers services that can help homeowners in Potter potentially reduce their property tax bills. By appealing incorrect assessments and identifying eligible exemptions, Ownwell assists homeowners in ensuring they pay only what is necessary, potentially leading to significant savings on their property tax obligations.

Property Tax Bills Across Potter, Cheyenne County, Nebraska

Source: Ownwell

$987

$1,532

$2,076

Median Potter Tax Bill

$1,613

Median Cheyenne County Tax Bill

$1,857

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,690

Property Tax Bills Across Potter, Cheyenne County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
69156	$379	$817	$1,613	$2,997	$4,532

Source: Ownwell