Hastings, Adams County, Nebraska Property Taxes
Median Hastings, NE effective property tax rate: 2.25%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Hastings, NE home value: $118,746
Median annual Hastings, NE tax bill: $2,539, $139 higher than the national median property tax bill of $2,400.
How are property taxes in Adams County calculated?
Property taxes in Hastings, 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 Hastings’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hastings, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hastings, Adams County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.25%
Estimate Property Tax Bill
$2,672
$2,479
Property Tax Rates Across Hastings, Adams County, Nebraska
Local government entities set tax rates, which can vary widely within a state. 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 votes and laws are involved in setting tax rates and budgets, this is the annual process.
In Hastings, located in Adams County, Nebraska, the effective property tax rate stands at 2.25%, which is significantly higher than the national median property tax rate of 1.02%. This high rate reflects the county's budgetary needs and the value of taxable properties within its jurisdiction. When compared to other cities in Nebraska, Hastings shares the same rate, indicating a uniformity in tax rates within the area.
For property owners in Hastings, this means a property tax bill that is likely above the national median of $2,400. Understanding these rates can help property owners better manage their finances and consider appealing their property assessments if they believe them to be inaccurate.
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 Hastings Tax Rate
2.25%
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 Adams County Tax Rate
2.25%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hastings, Adams County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68901 | 1.46% | 2.25% | 2.25% | 2.25% | 2.25% |
Source: Ownwell
Property Tax Assessment Values Across Hastings, Adams County, Nebraska
When examining property taxes in Hastings, 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 Adams 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 Adams 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 Hastings. For example, the median home price in Hastings is $118,746, with tax bills ranging significantly across the county. Zip code 68901 has the highest median home price at $118,814.
Property Tax Assessment Values Across Hastings, Adams County, Nebraska
Source: Ownwell
$56,732
$296,748
$536,763
Median Hastings Market Value
$118,746
Median Adams County Market Value
$124,114
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hastings, Adams County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68901 | $52,134 | $80,870 | $118,814 | $176,177 | $280,462 |
Source: Ownwell
Property Tax Bills Across Hastings, Adams County, Nebraska
Median Hastings Tax Bill
$2,539
Median Adams County Tax Bill
$2,530
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Hastings, Adams County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68901 | $832 | $1,674 | $2,541 | $3,689 | $5,445 |
Source: Ownwell