Gothenburg, Custer County, Nebraska Property Taxes

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

Median Gothenburg, NE effective property tax rate: 1.40%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Gothenburg, NE home value: $284,980
Median annual Gothenburg, NE tax bill: $3,619, $1,219 higher than the national median property tax bill of $2,400.

How are property taxes in Custer calculated?

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

Last Updated March 1, 2025

Gothenburg, Custer County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.4%

Estimate Property Tax Bill

$3,990

$3,702

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

Property Tax Rates Across Gothenburg, Custer County, Nebraska

Local government entities determine property tax rates, which can differ significantly within Nebraska. This variation occurs because each county calculates its necessary budget to deliver services and divides it by the total assessed value of all taxable properties in its area. This calculation results in the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is the basic annual procedure.

In Gothenburg, situated in Custer County, the effective property tax rate stands at 1.40%. This rate is notably above the national median property tax rate of 1.02%. When compared to other cities in Nebraska, Gothenburg's rate reflects the highest median tax rate in the state. The property tax bill in Gothenburg is therefore likely to exceed the national median property tax bill of $2,400. This comparison highlights how property taxes in Gothenburg can differ from national averages, underscoring the importance of regional factors in determining tax obligations. For property owners in Gothenburg, understanding these dynamics is crucial for effective financial planning and appealing property tax assessments when necessary.

Property Tax Rates Across Gothenburg, 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 Gothenburg Tax Rate

1.40%

Median Effective Custer County Tax Rate

1.38%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gothenburg, Custer County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
69138	1.06%	1.08%	1.40%	1.41%	1.41%

Source: Ownwell

Property Tax Assessment Values Across Gothenburg, Custer County, Nebraska

When examining property taxes in Gothenburg, 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 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. Assessment notices: In Custer 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 Gothenburg. For example, the median home price in Gothenburg is $284,980, with tax bills ranging significantly across the county. Zip code 69138 has the highest median home price at $284,980.

Property Tax Assessment Values Across Gothenburg, Custer County, Nebraska

Source: Ownwell

$45,774

$230,230

$414,686

Median Gothenburg Market Value

$284,980

Median Custer County Market Value

$99,711

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gothenburg, Custer County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
69138	$114,840	$183,874	$284,980	$508,703	$653,964

Source: Ownwell

Property Tax Bills Across Gothenburg, Custer County, Nebraska

In Gothenburg, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and improvements can significantly influence the assessed value, ultimately affecting the homeowner's tax obligation. For homeowners in Gothenburg, the median property tax bill stands at $3,619, which is notably higher than the national median of $2,400. This discrepancy highlights the potential financial burden on property owners in the area. However, Ownwell offers a solution by providing expert property tax appeal and exemption services. By analyzing your property’s assessed value and comparing it with similar properties, Ownwell can identify discrepancies and potentially lower your tax bill. This service not only helps in reducing financial strain but also ensures homeowners pay only their fair share, allowing for better financial planning and peace of mind.

Property Tax Bills Across Gothenburg, Custer County, Nebraska

Source: Ownwell

$764

$3,241

$5,717

Median Gothenburg Tax Bill

$3,619

Median Custer County Tax Bill

$1,435

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Gothenburg, Custer County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
69138	$1,616	$2,184	$3,619	$6,649	$8,934

Source: Ownwell