Banner County, Nebraska Property Taxes

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

Median Banner County effective property tax rate: 1.37%, significantly higher than the national median of 1.02%.
Median Banner County home value: $144,301
Median annual Banner County tax bill: $1,965, $435 lower than the national median property tax bill of $2,400.

How are property taxes in Banner County calculated?

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

Last Updated March 1, 2025

Banner County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.37%

Estimate Property Tax Bill

$1,977

$1,835

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

Property Tax Rates Across Banner County, Nebraska

Local government entities are responsible for setting tax rates, which can vary widely within Nebraska. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property in their jurisdiction. This process determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual procedure.

In Banner County, the effective property tax rate is 1.37%, which is higher than the national median property tax rate of 1.02%. Within the county, the city of Bayard has the highest median tax rate at 1.64%, while the city of Gering shares the county's lowest median tax rate of 1.37%. Understanding these variations in property tax rates can help property owners anticipate their potential tax liabilities and explore opportunities for appeals or exemptions.

Property Tax Rates Across Banner County, Nebraska

Source: Ownwell

1.37%

1.51%

1.64%

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 Banner County Tax Rate

1.37%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Banner County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bayard	1.27%	1.63%	1.64%	1.65%	1.65%
Gering	1.26%	1.36%	1.37%	1.38%	1.38%
Harrisburg	1.36%	1.37%	1.38%	1.38%	1.38%
Kimball	1.36%	1.37%	1.37%	1.38%	1.38%
Pine Bluffs	1.21%	1.36%	1.37%	1.38%	1.38%
Potter	1.36%	1.37%	1.38%	1.38%	1.38%
Bridgeport	N/A	N/A	N/A	N/A	N/A
Bushnell	N/A	N/A	N/A	N/A	N/A
Dix	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Banner County, Nebraska

When examining property taxes in Banner 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 Banner 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:

Assessment notices in Banner County 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 Banner County. For example, the median tax bill in Banner County is $2,400, with tax bills ranging significantly across the county. Pine Bluffs has the highest median home price at $233,206.

Property Tax Assessment Values Across Banner County, Nebraska

Source: Ownwell

$133,954

$177,438

$220,922

Median Banner County Market Value

$144,301

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Banner County, Nebraska

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bayard	$71,374	$91,228	$186,882	$250,330	$275,451
Gering	$79,241	$116,193	$189,306	$284,778	$376,820
Harrisburg	$43,070	$74,998	$134,686	$266,814	$401,488
Kimball	$57,210	$103,718	$220,922	$376,950	$465,307
Pine Bluffs	$91,354	$129,006	$233,206	$335,186	$422,782
Potter	$43,429	$93,108	$133,954	$224,582	$357,785
Bridgeport	N/A	N/A	N/A	N/A	N/A
Bushnell	N/A	N/A	N/A	N/A	N/A
Dix	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Banner County, Nebraska

Property tax bills in Banner County, NE are determined by assessing the market value of a property and applying the local tax rate. The median home price in this county is $144,301. Homeowners can expect a range of tax bills, with the 25th percentile at $1,066, the 75th percentile at $3,853, and the 90th percentile reaching $5,451. These figures indicate a significant variance in tax bills, influenced by property value and local tax rates. Compared to the national median property tax bill of $2,400, Banner County exhibits a broad spectrum of tax obligations. In Kimball, the highest median tax bill is $3,026, while Harrisburg reports the lowest at $1,840. These variations reflect differences in property values and local tax policies. Understanding these factors is essential for homeowners, as property taxes can significantly impact their financial planning and overall cost of homeownership. By staying informed, homeowners can better anticipate their tax liabilities and manage their budgets accordingly.

Property Tax Bills Across Banner County, Nebraska

Source: Ownwell

$1,840

$2,433

$3,026

Median Banner County Tax Bill

$1,965

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Banner County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bayard	$446	$1,355	$2,622	$4,109	$4,548
Gering	$1,093	$1,490	$2,587	$3,892	$4,525
Harrisburg	$464	$998	$1,840	$3,542	$5,452
Kimball	$789	$1,430	$3,026	$5,131	$6,388
Pine Bluffs	$1,257	$1,778	$2,406	$4,572	$5,786
Potter	$380	$1,167	$1,852	$3,091	$4,889
Bridgeport	N/A	N/A	N/A	N/A	N/A
Bushnell	N/A	N/A	N/A	N/A	N/A
Dix	N/A	N/A	N/A	N/A	N/A

Source: Ownwell