Cody, Cherry County, Nebraska Property Taxes
Property Taxes in Cody, Nebraska
Median Cody, Nebraska effective property tax rate: 0.99%, significantly lower than the national median of 1.02%, and lower than the Nebraska state median of 1.39%.
Median Cody, Nebraska home value: $93,194
Median annual Cody, Nebraska tax bill: $888, $1,512 lower than the national median property tax bill of $2,400.
How are property taxes in Cherry calculated?
Property taxes in Cody, Nebraska 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 Cody's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cody, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Cody, Cherry County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.99%
Estimate Property Tax Bill
$923
$856
How Does the Cody Property Tax Calculator Work?
Use this Cody property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and the calculator applies Cody's median effective tax rate of 0.99% — based on actual property records in Cherry County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. The calculator applies Cody's median effective rate across local levies, providing a more accurate estimate than using a single county millage rate.
Cody's property tax rate is higher than the Nebraska median tax rate of 1.39%, but the median property tax bill is $888, which is $1,512 lower than the national median property tax bill of $2,400.
Your bill may vary by ZIP code within Cody: rates range from 0.99% in 69211 to 0.99% in 69211. For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Cody.
About Cody Property Taxes
About Property Taxes in Cody, Cherry, Nebraska
Cody’s median effective property tax rate of 0.99% is lower than the Nebraska state median of 1.39% and higher than the national median of 1.02%. This rate reflects the Cherry County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Cody. Homeowners in the 69211 ZIP code carry a median effective rate of 0.99%, while those in the same ZIP also pay 0.99%. This reflects how school district boundaries and local assessment districts are drawn across Cherry County. Understanding which part of Cody you live in can make a meaningful difference to your annual tax bill.
Cody homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 30, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Cody, Cherry County, Nebraska
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Cody's effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.
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 Cody Tax Rate
0.99%
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 Cherry County Tax Rate
0.64%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cody, Cherry County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69211 | 0.76% | 0.90% | 0.99% | 1.06% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Cody, Cherry County, Nebraska
When examining property taxes in Cody, 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 Cherry 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:
In Cherry County, assessment notices are sent in June each year. They'll typically reach your mailbox by the middle of June.
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 Cody.
For example, the median home price in Cody is $93,194, with tax bills ranging significantly across the county. 69211 has the highest median home price at $93,194.
Property Tax Assessment Values Across Cody, Cherry County, Nebraska
Source: Ownwell
$38,642
$209,671
$380,699
Median Cody Market Value
$93,194
Median Cherry County Market Value
$158,726
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cody, Cherry County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69211 | $15,544 | $48,566 | $93,194 | $144,815 | $345,287 |
Source: Ownwell
Property Tax Bills Across Cody, Cherry County, Nebraska
How are property tax bills calculated in Cody?
Property tax bills in Cody are based on the assessed value of a home, not the market price alone. Local taxing authorities apply the tax rate to that assessed value, which means the final bill depends on both the property’s valuation and the rates set for the area. For homeowners, this makes the assessment process especially important because even a modest change in assessed value can affect what is owed.
What factors are considered in the bill?
The median home price is $93,194, and property tax bills vary widely across the city. The 25th percentile tax bill is $479, while the 75th percentile is $1,528 and the 90th percentile reaches $2,942. The highest and lowest median tax bill is $888 in ZIP code 69211. Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, many homeowners in Cody may see bills that are lower than the national norm, though individual amounts still depend on the assessed value and local tax rates.
Median Cody Tax Bill
$888
Median Cherry County Tax Bill
$946
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Cody, Cherry County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69211 | $153 | $479 | $888 | $1,528 | $2,942 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Cherry Tax Assessor | |
| Website | beacon.schneidercorp.com |