Merrick County, Nebraska Property Taxes

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

Median Merrick County effective property tax rate: 1.28%, significantly higher than the national median of 1.02%.
Median Merrick County home value: $135,822
Median annual Merrick County tax bill: $1,907, $493 lower than the national median property tax bill of $2,400.

How are property taxes in Merrick County calculated?

Property taxes in Merrick 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 Central City or another part of Merrick County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Merrick County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.28%

Estimate Property Tax Bill

$1,739

$1,613

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

Property Tax Rates Across Merrick County, Nebraska

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties like Merrick in Nebraska estimate their required budget to provide essential services. This budget is then divided by the total assessed value of all taxable property within the county's jurisdiction, resulting in the property tax rate. While the process involves votes and laws to finalize tax rates and budgets, this is the core of the annual procedure. Merrick County's effective property tax rate is 1.28%, which is higher than the national median property tax rate of 1.02%. Within Nebraska, tax rates can vary, with Palmer having the highest median tax rate at 1.94% and Clarks having the lowest at 0.93%. Comparing Merrick County's rate to the national median or other counties in Nebraska can provide valuable insights for property owners. Understanding these differences can help homeowners make informed decisions about property investments and tax appeals.

Property Tax Rates Across Merrick County, Nebraska

Source: Ownwell

0.93%

1.43%

1.94%

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 Merrick County Tax Rate

1.28%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Merrick County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Archer	1.27%	1.28%	1.29%	1.29%	1.29%
Central City	1.27%	1.28%	1.64%	1.64%	1.64%
Chapman	1.06%	1.08%	1.20%	1.26%	1.28%
Clarks	0.92%	0.93%	0.93%	1.42%	1.42%
Genoa	0.99%	1.11%	1.11%	1.11%	1.11%
Grand Island	1.05%	1.07%	1.07%	1.07%	1.07%
Palmer	1.25%	1.26%	1.94%	1.94%	1.94%
Saint Libory	0.96%	1.26%	1.27%	1.27%	1.28%
Silver Creek	1.10%	1.11%	1.59%	1.59%	1.59%
Fullerton	N/A	N/A	N/A	N/A	N/A
Marquette	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Merrick County, Nebraska

When examining property taxes in Merrick 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 Merrick 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 Merrick 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 Merrick County.

For example, the median tax bill in Merrick County is $2,550, with tax bills ranging significantly across the county. Saint Libory has the highest median home price at $212,670.

Property Tax Assessment Values Across Merrick County, Nebraska

Source: Ownwell

$80,835

$146,753

$212,670

Median Merrick County Market Value

$135,822

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Merrick County, Nebraska

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Archer	$27,194	$78,010	$180,935	$332,175	$613,087
Central City	$39,678	$80,136	$126,772	$193,076	$320,036
Chapman	$22,695	$73,900	$149,320	$284,245	$600,080
Clarks	$21,884	$64,100	$164,950	$350,315	$554,125
Genoa	$115,036	$142,205	$190,585	$400,592	$598,741
Grand Island	$39,940	$82,120	$174,710	$236,289	$427,284
Palmer	$35,804	$60,604	$133,542	$261,102	$659,558
Saint Libory	$105,812	$149,640	$212,670	$355,281	$624,988
Silver Creek	$17,166	$47,754	$80,835	$171,595	$284,290
Fullerton	N/A	N/A	N/A	N/A	N/A
Marquette	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Merrick County, Nebraska

In Merrick County, NE, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the property tax bill. Various factors, including local government budgets and school district funding needs, influence these rates. Homeowners in Merrick County face a median property tax bill of $2,550 in Saint Libory, which is higher than the national median of $2,400. Conversely, Silver Creek has the lowest median tax bill at $1,170. For many homeowners, these taxes represent a significant annual expense, impacting their overall financial planning. With a 25th percentile tax bill of $996 and a 75th percentile tax bill of $3,099, there is a wide range of tax liabilities across the county. This variability highlights the importance of understanding local tax assessments and their implications for homeowners' budgets.

Property Tax Bills Across Merrick County, Nebraska

Source: Ownwell

$1,170

$1,860

$2,550

Median Merrick County Tax Bill

$1,907

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Merrick County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Archer	$341	$1,044	$2,360	$4,289	$7,847
Central City	$561	$1,220	$1,961	$2,992	$4,703
Chapman	$239	$790	$1,773	$3,282	$6,915
Clarks	$232	$779	$1,850	$3,350	$5,159
Genoa	$576	$1,369	$2,112	$4,437	$6,621
Grand Island	$415	$688	$1,788	$2,540	$4,490
Palmer	$506	$1,050	$2,199	$3,681	$8,312
Saint Libory	$895	$1,599	$2,550	$4,123	$7,848
Silver Creek	$245	$648	$1,170	$2,202	$3,357
Fullerton	N/A	N/A	N/A	N/A	N/A
Marquette	N/A	N/A	N/A	N/A	N/A

Source: Ownwell