Gering, Banner County, Nebraska Property Taxes

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

Median Gering, NE effective property tax rate: 1.37%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Gering, NE home value: $189,306
Median annual Gering, NE tax bill: $2,587, $187 higher than the national median property tax bill of $2,400.

How are property taxes in Banner County calculated?

Property taxes in Gering, 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 Gering’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gering, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Gering, 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

$2,593

$2,407

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

By entering your property's estimated assessed value, our calculator applies Gering’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 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 Gering, Banner County, Nebraska

Local government entities set tax rates, which can vary widely within a state. 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 Gering’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.

Property Tax Rates Across Gering, 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 Gering Tax Rate

1.37%

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 Gering, Banner County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
69341	1.26%	1.36%	1.37%	1.38%	1.38%

Source: Ownwell

Property Tax Assessment Values Across Gering, Banner County, Nebraska

When examining property taxes in Gering, NE, 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.

In Banner 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 Gering. For example, the median home price in Gering is $189,306, with tax bills ranging significantly across the county. 69341 has the highest median home price at $189,306.

Property Tax Assessment Values Across Gering, Banner County, Nebraska

Source: Ownwell

$133,954

$177,438

$220,922

Median Gering Market Value

$189,306

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 Gering, Banner County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
69341	$79,241	$116,193	$189,306	$284,778	$376,820

Source: Ownwell

Property Tax Bills Across Gering, Banner County, Nebraska

In Gering, Nebraska, property tax bills are determined by assessing the property's market value and applying the local tax rate. Homeowners in Gering can expect property tax bills that vary significantly. For instance, the 25th percentile tax bill is $1,490, while the 90th percentile tax bill can reach up to $4,525. These figures highlight the range of tax obligations that homeowners might encounter, influenced by factors such as property location, size, and market trends. The median property tax bill in Gering stands at $2,587, slightly above the national median of $2,400, indicating a relatively higher tax burden compared to other regions. This can impact homeowners by increasing the cost of property ownership and potentially affecting affordability. Ownwell offers valuable assistance to homeowners by navigating the complexities of property tax appeals and exemptions, potentially lowering their tax bills. By leveraging expert knowledge and local insights, Ownwell can help homeowners in Gering achieve significant savings, ensuring they do not overpay on their property taxes.

Property Tax Bills Across Gering, Banner County, Nebraska

Source: Ownwell

$1,840

$2,433

$3,026

Median Gering Tax Bill

$2,587

Median Banner County Tax Bill

$1,965

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Gering, Banner County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
69341	$1,093	$1,490	$2,587	$3,892	$4,525

Source: Ownwell