Lancaster County, Nebraska Property Taxes

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

Median Lancaster County effective property tax rate: 1.51%, significantly higher than the national median of 1.02%. Median Lancaster County home value: $238,100. Median annual Lancaster County tax bill: $3,561, $1,161 higher than the national median property tax bill of $2,400.

How are property taxes in Lancaster County calculated?

Property taxes in Lancaster 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 Lincoln or another part of Lancaster County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lancaster County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.51%

Estimate Property Tax Bill

$3,595

$3,336

Ownwell’s Lancaster County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lancaster County with just two data points.

By entering your property's estimated assessed value, our calculator applies Lancaster 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 Lancaster County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lancaster County, Nebraska

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides 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, in a nutshell, this is the annual process. Below, you can compare Lancaster County's effective property tax rate to other counties in Nebraska or the U.S. median property tax rate. Lancaster County's median property tax rate is 1.51%, which is notably higher than the national median of 1.02%. Among the cities within this county, Hickman has the highest median tax rate at 1.80%, while Greenwood enjoys the lowest at 1.14%. These figures highlight the variability within the county itself and underscore the importance of understanding local tax dynamics. Whether you're a property owner or considering a purchase, knowing these rates can help you make informed decisions about your investments and potential tax liabilities.

Property Tax Rates Across Lancaster County, Nebraska

Source: Ownwell

1.14%

1.47%

1.80%

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 Lancaster County Tax Rate

1.51%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lancaster County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Adams	0.91%	1.11%	1.19%	1.26%	1.35%
Bennet	0.78%	1.23%	1.56%	1.74%	1.85%
Ceresco	1.00%	1.11%	1.18%	1.30%	1.33%
Crete	1.08%	1.18%	1.24%	1.31%	1.40%
Davey	1.05%	1.18%	1.31%	1.42%	1.53%
Denton	1.04%	1.18%	1.29%	1.41%	1.77%
Firth	1.10%	1.19%	1.29%	1.47%	1.62%
Greenwood	1.01%	1.05%	1.14%	1.23%	1.30%
Hallam	1.12%	1.28%	1.64%	1.77%	1.87%
Hickman	1.01%	1.28%	1.80%	1.92%	1.99%
Lincoln	1.29%	1.43%	1.52%	1.59%	1.67%
Malcolm	0.96%	1.05%	1.22%	1.43%	1.53%
Martell	1.01%	1.15%	1.22%	1.32%	1.44%
Panama	1.20%	1.47%	1.61%	1.71%	1.83%
Raymond	0.96%	1.13%	1.23%	1.33%	1.42%
Roca	1.01%	1.15%	1.27%	1.56%	1.74%
Sprague	1.15%	1.29%	1.47%	1.63%	1.71%
Valparaiso	1.05%	1.16%	1.21%	1.30%	1.35%
Walton	0.98%	1.13%	1.21%	1.28%	1.39%
Waverly	0.96%	1.44%	1.55%	1.62%	1.69%
Ashland	N/A	N/A	N/A	N/A	N/A
Eagle	N/A	N/A	N/A	N/A	N/A
Garland	N/A	N/A	N/A	N/A	N/A
Kramer	N/A	N/A	N/A	N/A	N/A
Pleasant Dale	N/A	N/A	N/A	N/A	N/A
Rural	N/A	N/A	N/A	N/A	N/A
Wilber	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Lancaster County, Nebraska

When examining property taxes in Lancaster 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 Lancaster 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.

Assessment notices:

In Lancaster 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 Lancaster County.

For example, the median tax bill in Lancaster County is $2,627, with tax bills ranging significantly across the county. Walton has the highest median home price at $530,400.

Property Tax Assessment Values Across Lancaster County, Nebraska

Source: Ownwell

$160,450

$345,425

$530,400

Median Lancaster County Market Value

$238,100

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lancaster County, Nebraska

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Adams	$235,000	$295,700	$381,300	$407,400	$623,200
Bennet	$71,500	$168,650	$267,400	$384,600	$523,060
Ceresco	$271,320	$343,075	$457,850	$531,075	$641,970
Crete	$153,420	$310,200	$438,700	$534,500	$652,080
Davey	$133,320	$195,450	$315,000	$410,850	$537,500
Denton	$159,770	$281,750	$441,450	$552,225	$672,010
Firth	$133,680	$185,800	$314,800	$458,500	$550,080
Greenwood	$296,640	$332,475	$361,150	$398,800	$446,300
Hallam	$24,000	$42,000	$240,400	$306,500	$371,120
Hickman	$68,000	$185,400	$284,800	$368,900	$488,860
Lincoln	$139,900	$184,300	$237,600	$324,000	$440,600
Malcolm	$165,100	$215,875	$320,500	$444,725	$544,300
Martell	$144,200	$225,900	$372,550	$446,250	$544,050
Panama	$123,110	$157,850	$220,850	$271,975	$340,410
Raymond	$131,530	$248,325	$389,550	$488,525	$591,170
Roca	$114,020	$290,125	$454,950	$656,475	$815,560
Sprague	$104,680	$138,575	$177,000	$223,575	$254,780
Valparaiso	$274,460	$313,300	$381,200	$424,900	$460,220
Walton	$183,050	$350,250	$530,400	$826,350	$1,282,650
Waverly	$168,400	$211,150	$274,100	$334,850	$388,300
Ashland	N/A	N/A	N/A	N/A	N/A
Eagle	N/A	N/A	N/A	N/A	N/A
Garland	N/A	N/A	N/A	N/A	N/A
Kramer	N/A	N/A	N/A	N/A	N/A
Pleasant Dale	N/A	N/A	N/A	N/A	N/A
Rural	N/A	N/A	N/A	N/A	N/A
Wilber	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Lancaster County, Nebraska

Property tax bills in Lancaster County, NE are calculated based on the assessed value of a property, 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. The median home price in Lancaster County is $238,100, and the property tax rate is applied to this value to calculate the tax obligation. Homeowners in Lancaster County face varying tax bills, with the 25th percentile at $2,627 and the 75th percentile at $5,011. The 90th percentile of homeowners pays a tax bill of $6,773, highlighting the range in tax burdens within the county. The city of Walton has the highest median tax bill at $6,499, while Sprague has the lowest at $2,582. Compared to the national median property tax rate of 1.02%, Lancaster County's tax bills can significantly impact homeowners, potentially exceeding the national median property tax bill of $2,400. This variation can affect affordability and financial planning for residents.

Property Tax Bills Across Lancaster County, Nebraska

Source: Ownwell

$2,267

$4,383

$6,499

Median Lancaster County Tax Bill

$3,561

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Lancaster County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Adams	$2,198	$3,221	$4,158	$5,092	$7,051
Bennet	$795	$2,501	$4,169	$5,393	$6,776
Ceresco	$2,598	$3,921	$5,137	$6,645	$8,398
Crete	$1,431	$3,726	$5,398	$6,532	$7,950
Davey	$1,557	$2,528	$3,913	$5,320	$6,863
Denton	$1,846	$3,675	$5,580	$7,121	$8,663
Firth	$1,676	$2,631	$4,277	$5,626	$6,591
Greenwood	$3,209	$3,536	$4,025	$4,504	$5,476
Hallam	$856	$2,944	$4,283	$5,313	$5,908
Hickman	$1,038	$3,001	$4,829	$6,203	$7,272
Lincoln	$1,844	$2,687	$3,563	$4,961	$6,753
Malcolm	$1,861	$2,916	$3,902	$5,105	$6,144
Martell	$1,461	$2,914	$4,420	$5,417	$6,613
Panama	$1,718	$2,622	$3,368	$4,351	$4,985
Raymond	$1,304	$2,854	$4,647	$5,919	$7,077
Roca	$1,150	$3,434	$5,828	$8,292	$10,100
Sprague	$1,154	$1,981	$2,582	$3,410	$3,900
Valparaiso	$3,256	$3,887	$4,721	$5,477	$5,864
Walton	$2,025	$4,440	$6,499	$10,580	$15,453
Waverly	$1,416	$3,160	$4,053	$5,144	$5,895
Ashland	N/A	N/A	N/A	N/A	N/A
Eagle	N/A	N/A	N/A	N/A	N/A
Garland	N/A	N/A	N/A	N/A	N/A
Kramer	N/A	N/A	N/A	N/A	N/A
Pleasant Dale	N/A	N/A	N/A	N/A	N/A
Rural	N/A	N/A	N/A	N/A	N/A
Wilber	N/A	N/A	N/A	N/A	N/A

Source: Ownwell