Herman, Burt County, Nebraska Property Taxes

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

Median HERMAN, NE effective property tax rate: 1.25%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median HERMAN, NE home value: $441,071
Median annual HERMAN, NE tax bill: $5,489, $3,089 higher than the national median property tax bill of $2,400.

How are property taxes in Burt calculated?

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

Last Updated March 1, 2025

Herman, Burt County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.25%

Estimate Property Tax Bill

$5,513

$5,116

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

Property Tax Rates Across Herman, Burt County, Nebraska

Local government entities are responsible for setting property tax rates, and these can differ significantly within a state. This variation is due to each county's annual budget estimation, which determines the necessary funds to provide local services. The county then divides this budget by the total assessed value of all taxable property within its jurisdiction, resulting in the property tax rate. While the process involves votes and legislation, this calculation forms the core of how rates are determined each year.

In Herman, located in Burt County, Nebraska, the effective property tax rate is a notable point of comparison. Nebraska's median property tax rate stands at 1.25%, which is higher than the national median rate of 1.02%. This positions Nebraska among the states with a relatively higher property tax burden. By comparing Herman's rate with other cities in Nebraska and the national median, property owners can gain a clearer understanding of their tax obligations and potential savings through appeals or exemptions.

Property Tax Rates Across Herman, Burt County, Nebraska

Source: Ownwell

1.25%

1.80%

2.35%

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 Herman Tax Rate

1.25%

Median Effective Burt County Tax Rate

2.13%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Herman, Burt County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68029	1.21%	1.23%	1.25%	1.26%	1.26%

Source: Ownwell

Property Tax Assessment Values Across Herman, Burt County, Nebraska

When examining property taxes in Herman, 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 Burt County Appraisal District 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 Burt 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 Herman. For example, the median home price in Herman is $441,071, with tax bills ranging significantly across the county. Zip code 68029 has the highest median home price at $441,071.

Property Tax Assessment Values Across Herman, Burt County, Nebraska

Source: Ownwell

$44,540

$242,806

$441,071

Median Herman Market Value

$441,071

Median Burt County Market Value

$83,382

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Herman, Burt County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68029	$67,983	$136,072	$441,071	$857,552	$1,560,187

Source: Ownwell

Property Tax Bills Across Herman, Burt County, Nebraska

In Herman, located in Burt County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This value is multiplied by the local tax rate to establish the annual tax bill. For homeowners in Herman, the median home price is $441,071, which significantly impacts the property tax bill. While the national median property tax rate is 1.02%, the property tax bills in Herman can vary widely. For instance, the 25th percentile tax bill is $1,558, while the 75th percentile reaches $10,360, and the 90th percentile soars to $19,104. Homeowners in Herman face property tax bills that can be higher than the national median bill of $2,400. This financial burden can be mitigated with the help of Ownwell's services. Ownwell assists homeowners by identifying potential discrepancies in assessed values and exploring exemptions, ensuring that homeowners pay only their fair share. By appealing property taxes, homeowners can potentially save significantly on their annual tax bills.

Property Tax Bills Across Herman, Burt County, Nebraska

Source: Ownwell

$859

$3,174

$5,489

Median Herman Tax Bill

$5,489

Median Burt County Tax Bill

$1,641

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Herman, Burt County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68029	$808	$1,558	$5,489	$10,360	$19,104

Source: Ownwell