Thayer County, Nebraska Property Taxes

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

Median Thayer County effective property tax rate: 1.32%, significantly higher than the national median of 1.02%.
Median Thayer County home value: $73,318
Median annual Thayer County tax bill: $919, $1,481 lower than the national median property tax bill of $2,400.

How are property taxes in Thayer County calculated?

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

Last Updated March 1, 2025

Thayer County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.32%

Estimate Property Tax Bill

$968

$898

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

Property Tax Rates Across Thayer County, Nebraska

Local government entities determine tax rates, leading to significant variations within a state. Annually, counties calculate their required budget to deliver services and then divide this by the total value of all taxable property in their area. This process establishes the property tax rate. Although the setting of tax rates and budgets involves votes and legislation, this is essentially the yearly procedure.

You can compare Thayer County's effective property tax rate to other counties in Nebraska or the U.S. median property tax rate. Thayer County has a median property tax rate of 1.32%, which is higher than the national median of 1.02%. Within Nebraska, Chester boasts the highest median property tax rate at 1.48%, while Reynolds has the lowest at 0.96%. This variation highlights the importance of understanding local property tax dynamics. Whether you're a homeowner or planning to purchase property, being informed about these rates can significantly impact your financial planning.

Property Tax Rates Across Thayer County, Nebraska

Source: Ownwell

0.96%

1.22%

1.48%

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 Thayer County Tax Rate

1.32%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Thayer County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Alexandria	0.80%	0.90%	1.32%	1.32%	1.32%
Belvidere	0.92%	0.94%	1.24%	1.24%	1.24%
Bruning	0.71%	0.72%	1.02%	1.02%	1.02%
Byron	0.92%	0.94%	1.31%	1.34%	1.34%
Carleton	0.71%	0.72%	1.01%	1.04%	1.04%
Chester	0.94%	1.48%	1.48%	1.48%	1.48%
Davenport	0.69%	0.98%	1.06%	1.07%	1.07%
Deshler	0.98%	1.38%	1.38%	1.38%	1.38%
Gilead	1.37%	1.37%	1.37%	1.37%	1.37%
Hebron	0.93%	0.94%	1.44%	1.44%	1.44%
Hubbell	0.94%	0.94%	1.46%	1.46%	1.46%
Reynolds	0.69%	0.89%	0.96%	1.07%	1.22%
Hardy	N/A	N/A	N/A	N/A	N/A
Mahaska	N/A	N/A	N/A	N/A	N/A
Oak	N/A	N/A	N/A	N/A	N/A
Ruskin	N/A	N/A	N/A	N/A	N/A
Tobias	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Thayer County, Nebraska

When examining property taxes in Thayer 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 Thayer 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.

Assessment notices: In Thayer 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 Thayer County.

For example, the median tax bill in Thayer County is $1,443, with tax bills ranging significantly across the county. Reynolds has the highest median home price at $150,514.

Property Tax Assessment Values Across Thayer County, Nebraska

Source: Ownwell

$27,136

$88,825

$150,514

Median Thayer County Market Value

$73,318

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Thayer County, Nebraska

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Alexandria	$1,767	$8,137	$27,480	$77,488	$404,194
Belvidere	$1,793	$5,573	$27,136	$206,984	$532,448
Bruning	$17,786	$48,445	$95,004	$163,612	$374,401
Byron	$8,574	$25,624	$67,670	$331,942	$622,696
Carleton	$9,243	$35,348	$148,758	$767,717	$1,072,844
Chester	$4,004	$10,534	$30,001	$68,942	$248,621
Davenport	$10,920	$25,034	$52,629	$127,503	$596,684
Deshler	$15,081	$32,503	$61,897	$126,801	$285,169
Gilead	$5,675	$6,921	$32,184	$44,276	$50,620
Hebron	$24,504	$51,406	$106,890	$199,431	$409,777
Hubbell	$6,542	$13,260	$42,273	$204,928	$775,546
Reynolds	$19,715	$84,102	$150,514	$415,534	$579,897
Hardy	N/A	N/A	N/A	N/A	N/A
Mahaska	N/A	N/A	N/A	N/A	N/A
Oak	N/A	N/A	N/A	N/A	N/A
Ruskin	N/A	N/A	N/A	N/A	N/A
Tobias	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Thayer County, Nebraska

In Thayer County, Nebraska, property tax bills are calculated based on the assessed value of a home. The property tax rate is applied to this assessed value, which is determined by the county assessor. Factors such as the size of the property, location, and any improvements made can influence the assessed value. In Thayer County, the median home price is $73,318, which results in varying tax bills. For instance, homeowners in Alexandria experience the lowest median tax bill at $269, while those in Hebron face the highest at $1,443. The tax bill at the 25th percentile is $339, indicating a lower range of property taxes, whereas the 75th percentile tax bill is $2,088, and the 90th percentile reaches $4,488. Comparatively, the national median property tax bill is $2,400, suggesting that Thayer County generally has lower property taxes. These tax bills directly impact homeowners' annual financial responsibilities, influencing their overall cost of living and potentially affecting decisions about property investments and home improvements.

Property Tax Bills Across Thayer County, Nebraska

Source: Ownwell

$269

$856

$1,443

Median Thayer County Tax Bill

$919

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Thayer County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Alexandria	$20	$78	$269	$859	$3,643
Belvidere	$22	$45	$350	$2,031	$5,032
Bruning	$174	$446	$944	$1,466	$2,688
Byron	$96	$324	$852	$3,400	$6,607
Carleton	$69	$281	$1,407	$6,209	$9,745
Chester	$50	$138	$445	$1,060	$2,713
Davenport	$119	$264	$571	$1,404	$5,050
Deshler	$176	$433	$836	$1,594	$3,495
Gilead	$76	$94	$304	$611	$694
Hebron	$324	$714	$1,443	$2,579	$4,120
Hubbell	$67	$154	$646	$1,955	$7,624
Reynolds	$189	$384	$1,383	$3,685	$5,316
Hardy	N/A	N/A	N/A	N/A	N/A
Mahaska	N/A	N/A	N/A	N/A	N/A
Oak	N/A	N/A	N/A	N/A	N/A
Ruskin	N/A	N/A	N/A	N/A	N/A
Tobias	N/A	N/A	N/A	N/A	N/A

Source: Ownwell