Gosper County, Nebraska Property Taxes

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

Median Gosper County effective property tax rate: 1.11%, significantly higher than the national median of 1.02%.
Median Gosper County home value: $179,048
Median annual Gosper County tax bill: $2,112, $288 lower than the national median property tax bill of $2,400.

How are property taxes in Gosper County calculated?

Property taxes in Gosper County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Elwood or another part of Gosper County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Gosper County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.11%

Estimate Property Tax Bill

$1,987

$1,844

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

Property Tax Rates Across Gosper County, Nebraska

Local government entities set tax rates, and these can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.

In Gosper County, Nebraska, the effective property tax rate is 1.11%, which is slightly above the national median of 1.02%. This means property owners in Gosper County may pay more compared to the national average, with the median property tax bill being higher than the national median of $2,400. Within Nebraska, Oxford boasts the highest median tax rate at 1.37%, whereas Eustis has the lowest at 1.07%. Comparing these figures provides valuable insight into how Gosper County's tax rates stand in relation to both state and national averages, helping property owners understand their tax obligations better.

Property Tax Rates Across Gosper County, Nebraska

Source: Ownwell

1.07%

1.22%

1.37%

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 Gosper County Tax Rate

1.11%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gosper County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Arapahoe	1.17%	1.19%	1.19%	1.21%	1.21%
Bertrand	1.15%	1.15%	1.16%	1.17%	1.17%
Edison	1.19%	1.19%	1.19%	1.21%	1.21%
Elwood	0.96%	1.11%	1.17%	1.37%	1.37%
Eustis	0.96%	1.05%	1.07%	1.07%	1.07%
Holbrook	1.19%	1.19%	1.19%	1.20%	1.21%
Johnson Lake	1.11%	1.11%	1.11%	1.11%	1.11%
Lexington	0.68%	1.30%	1.31%	1.32%	1.32%
Oxford	1.37%	1.37%	1.37%	1.37%	1.37%
Smithfield	1.15%	1.17%	1.17%	1.60%	1.60%
Cambridge	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Gosper County, Nebraska

When examining property taxes in Gosper County, 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 Gosper County Assessor's Office 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 Gosper 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 Gosper County. For example, the median tax bill in Gosper County is $2,400, with tax bills ranging significantly across the county. Lexington has the highest median home price at $327,252.

Property Tax Assessment Values Across Gosper County, Nebraska

Source: Ownwell

$67,985

$197,619

$327,252

Median Gosper County Market Value

$179,048

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gosper County, Nebraska

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Arapahoe	$44,494	$127,555	$234,963	$481,129	$865,641
Bertrand	$114,976	$182,715	$288,786	$646,036	$973,128
Edison	$106,615	$171,487	$254,348	$791,185	$883,704
Elwood	$14,733	$72,932	$132,398	$242,488	$431,905
Eustis	$152,934	$225,955	$282,835	$572,645	$746,202
Holbrook	$147,276	$222,733	$323,598	$557,804	$696,816
Johnson Lake	$83,704	$164,604	$283,810	$429,391	$579,166
Lexington	$172,626	$207,622	$327,252	$665,325	$810,799
Oxford	$36,233	$39,485	$67,985	$103,495	$192,761
Smithfield	$9,949	$44,755	$131,225	$297,935	$665,523
Cambridge	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Gosper County, Nebraska

In Gosper County, NE, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the county is $179,048. Homeowners in Gosper County experience a wide range in tax bills, with the 25th percentile at $1,101 and the 75th percentile reaching $3,997. This variance in tax bills highlights the impact of different property values and tax rates across the county. The highest median tax bill within the county is found in Lexington, amounting to $4,111, while Oxford has the lowest median tax bill at $889. These figures reflect the diverse economic landscape within the county. Compared to the national median property tax bill of $2,400, Gosper County's tax bills can be considered relatively moderate, though they can still pose a financial burden on homeowners, especially those with higher assessed property values. Understanding these factors is crucial for homeowners to manage their financial obligations effectively.

Property Tax Bills Across Gosper County, Nebraska

Source: Ownwell

$889

$2,500

$4,111

Median Gosper County Tax Bill

$2,112

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Gosper County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Arapahoe	$879	$1,519	$2,687	$5,525	$9,925
Bertrand	$1,243	$2,130	$3,365	$7,441	$11,187
Edison	$1,235	$2,068	$3,056	$9,419	$10,523
Elwood	$129	$822	$1,668	$2,833	$5,033
Eustis	$1,515	$2,422	$2,854	$6,096	$7,877
Holbrook	$1,149	$2,655	$3,889	$6,646	$8,312
Johnson Lake	$891	$1,962	$3,180	$4,792	$6,445
Lexington	$1,718	$2,646	$4,111	$8,649	$10,549
Oxford	$495	$617	$889	$1,573	$2,719
Smithfield	$184	$761	$1,670	$3,961	$7,979
Cambridge	N/A	N/A	N/A	N/A	N/A

Source: Ownwell