Sumner, Buffalo County, Nebraska Property Taxes
Median Sumner, NE effective property tax rate: 1.43%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Sumner, NE home value: $2,186,000
Median annual Sumner, NE tax bill: $31,241, $28,841 higher than the national median property tax bill of $2,400.
How are property taxes in Buffalo calculated?
Property taxes in Sumner, 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 Sumner’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sumner, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sumner, Buffalo County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1%
Estimate Property Tax Bill
$26,611
$24,694
Ownwell’s Sumner Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sumner with just two data points.
By entering your property's estimated assessed value, our calculator applies Sumner’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 Buffalo County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Sumner, Buffalo County, Nebraska
Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate their necessary budget to provide services and divide this by the total value of all taxable property within their jurisdiction. This process results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual procedure.
In Sumner, located in Buffalo County, the effective property tax rate is a key point of comparison within Nebraska. The median property tax rate in Nebraska stands at 1.43%, which is higher than the national median of 1.02%. This indicates that Sumner, along with other cities in Nebraska, tends to have a higher property tax burden compared to many areas across the United States. Understanding how these rates compare can be crucial for property owners considering tax appeal or exemption services. By evaluating how Sumner's rates stack up against state and national medians, property owners can make informed decisions about their property tax obligations.
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 Sumner Tax Rate
1.00%
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 Buffalo County Tax Rate
1.31%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sumner, Buffalo County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68878 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Sumner, Buffalo County, Nebraska
Property Tax Assessment Values Across Sumner, Buffalo County, Nebraska
Source: Ownwell
$101,215
$210,868
$320,520
Median Sumner Market Value
$2,661,070
Median Buffalo County Market Value
$215,958
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sumner, Buffalo County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68878 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Sumner, Buffalo County, Nebraska
In Sumner, located in Buffalo County, Nebraska, property tax bills are determined by applying the local tax rate to the assessed value of a property. The assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, size, and property type. Homeowners in Sumner face a median property tax bill of $31,241, significantly higher than the national median of $2,400. This high tax burden can strain homeowners, especially when compared to the national median property tax rate of 1.02%.
Ownwell assists homeowners in Sumner by providing expert property tax appeal services, potentially reducing their tax liabilities. By analyzing property assessments and market conditions, Ownwell identifies discrepancies or overvaluations that could lead to excessive tax bills. Through a detailed appeal process, Ownwell helps ensure that homeowners pay only their fair share, offering significant savings and financial relief. With Ownwell's expertise, homeowners can navigate the complexities of property tax assessments and secure more manageable tax bills.
Median Sumner Tax Bill
$26,659
Median Buffalo County Tax Bill
$2,882
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Sumner, Buffalo County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68878 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell