Crookston, Cherry County, Nebraska Property Taxes

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

Median Crookston, NE effective property tax rate: 0.82%, significantly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Crookston, NE home value: $47,061
Median annual Crookston, NE tax bill: $337, $2,063 lower than the national median property tax bill of $2,400.

How are property taxes in Cherry County calculated?

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

Last Updated March 1, 2025

Crookston, Cherry County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.82%

Estimate Property Tax Bill

$386

$358

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

Property Tax Rates Across Crookston, Cherry County, Nebraska

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

In Crookston, located in Cherry County, Nebraska, the effective property tax rate offers a unique perspective compared to other cities within the state and the U.S. While Nebraska’s median property tax rate is below the national median of 1.02%, it can still vary significantly across different regions. Comparing Crookston’s rate to the highest and lowest rates within Nebraska provides valuable insights into the diversity of property tax burdens residents face. Understanding these local variations is crucial for property owners looking to manage their tax liabilities effectively. By staying informed about these trends, property owners can make more strategic decisions regarding their real estate investments and financial planning.

Property Tax Rates Across Crookston, Cherry County, Nebraska

Source: Ownwell

0.65%

0.92%

1.18%

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 Crookston Tax Rate

0.82%

Median Effective Cherry County Tax Rate

0.87%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Crookston, Cherry County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
69212	0.62%	0.78%	0.82%	0.82%	0.85%

Source: Ownwell

Property Tax Assessment Values Across Crookston, Cherry County, Nebraska

When examining property taxes in Crookston, 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.

In Cherry 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 Crookston. For example, the median home price in Crookston is $47,061, with tax bills ranging significantly across the county. 69212 has the highest median home price at $47,061.

Property Tax Assessment Values Across Crookston, Cherry County, Nebraska

Source: Ownwell

$38,361

$187,352

$336,343

Median Crookston Market Value

$47,061

Median Cherry County Market Value

$139,100

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Crookston, Cherry County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
69212	$2,764	$15,688	$47,061	$159,539	$262,602

Source: Ownwell

Property Tax Bills Across Crookston, Cherry County, Nebraska

In Crookston, NE, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The median home price in the area is $47,061, significantly lower than the national median. Property tax rates are applied to this assessed value to determine the tax bill. In Crookston, the tax bill can range from as low as $118 at the 25th percentile to $2,083 at the 90th percentile, indicating variability based on property value and other factors. The median tax bill for the region is $337, which is considerably below the national median of $2,400, offering some relief to homeowners. However, even with lower tax bills, homeowners may still find opportunities to reduce their costs. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging expert knowledge and local insights, Ownwell can help ensure that homeowners in Crookston are not overpaying and can achieve the most favorable tax outcomes possible.

Property Tax Bills Across Crookston, Cherry County, Nebraska

Source: Ownwell

$337

$1,754

$3,171

Median Crookston Tax Bill

$337

Median Cherry County Tax Bill

$1,288

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Crookston, Cherry County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
69212	$19	$118	$337	$1,095	$2,083

Source: Ownwell