Berwyn, Custer County, Nebraska Property Taxes

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

Median Berwyn, NE effective property tax rate: 1.62%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Berwyn, NE home value: $64,080
Median annual Berwyn, NE tax bill: $1,041, $1,359 lower than the national median property tax bill of $2,400.

How are property taxes in Custer calculated?

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

Last Updated March 1, 2025

Berwyn, Custer County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.62%

Estimate Property Tax Bill

$1,038

$963

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

Property Tax Rates Across Berwyn, Custer County, Nebraska

Local government entities set tax rates, which can vary significantly within a state. This variance is primarily due to each county's annual process of estimating its required budget to provide services and dividing 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, this is the annual process in a nutshell. In Berwyn, located in Custer County, Nebraska, the effective property tax rate is a reflection of this process. Compared to the national median property tax rate of 1.02%, Nebraska's median rate stands at 1.62%, indicating a higher tax burden. However, this rate is necessary to maintain the quality of services provided by the local government. When comparing Berwyn’s effective property tax rate to other cities in Nebraska and the U.S., it highlights the importance of understanding how these rates are determined and their impact on homeowners.

Property Tax Rates Across Berwyn, Custer County, Nebraska

Source: Ownwell

0.90%

1.37%

1.84%

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 Berwyn Taxx Rate

1.62%

Median Effective Custer County Taxx Rate

1.38%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Berwyn, Custer County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68814	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Berwyn, Custer County, Nebraska

When examining property taxes in Berwyn, 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 Custer 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 Custer 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 Berwyn.

For example, the median home price in Berwyn is $64,080, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Berwyn, Custer County, Nebraska

Source: Ownwell

$45,774

$230,230

$414,686

Median Berwyn Market Value

$64,080

Median Custer County Market Value

$99,711

Median Nebraska Market Value

$182,439

Median United States Market Value

$244,900

Property Tax Assessment Values Across Berwyn, Custer County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68814	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Berwyn, Custer County, Nebraska

In Berwyn, located in Custer County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The median home price in Berwyn is $64,080, and property taxes are levied accordingly. Compared to the national median property tax bill of $2,400, homeowners in Berwyn face a lower tax burden, with the 25th, 75th, and 90th percentiles all having a tax bill of $1,041. However, even with relatively lower taxes, the impact on homeowners can be significant, especially for those on fixed incomes or with limited financial resources. Factors such as changes in assessed property values or local tax rates can influence the overall tax bill. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially lowering their tax liabilities. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure that homeowners are not overpaying on their property taxes, offering peace of mind and financial savings.

Property Tax Bills Across Berwyn, Custer County, Nebraska

Source: Ownwell

$764

$3,241

$5,717

Median Berwyn Tax Bill

$1,041

Median Custer County Tax Bill

$1,435

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,690

Property Tax Bills Across Berwyn, Custer County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68814	N/A	N/A	N/A	N/A	N/A

Source: Ownwell