Johnstown, Cherry County, Nebraska Property Taxes
Median JOHNSTOWN, NE effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median JOHNSTOWN, NE home value: $94,168
Median annual JOHNSTOWN, NE tax bill: $846, $1,554 lower than the national median property tax bill of $2,400.
How are property taxes in Cherry calculated?
Property taxes in JOHNSTOWN, 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 JOHNSTOWN’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in JOHNSTOWN, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Johnstown, Cherry County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$848
$786
Property Tax Rates Across Johnstown, Cherry County, Nebraska
Local government entities determine tax rates, which can vary significantly within a state. Annually, each county calculates its required budget to fund services and divides that by the total value of all taxable property within its jurisdiction. This process establishes the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Johnstown, located in Cherry County, Nebraska, the effective property tax rate is an important factor for homeowners to consider. The median property tax rate in Nebraska is 1.61%, higher than the national median of 1.02%. This means homeowners in the state generally pay more compared to the national average. However, Johnstown's rate is notably lower than the state median, which can be an attractive aspect for potential homeowners or investors. Comparing Johnstown’s effective property tax rate to other cities in Nebraska, as well as the median property tax rates in the state and across the U.S., can provide valuable insights for property owners looking to manage their tax liabilities effectively.
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 Johnstown Tax Rate
0.90%
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
0.87%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Johnstown, Cherry County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69214 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Johnstown, Cherry County, Nebraska
When examining property taxes in Johnstown, 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 May. 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 Johnstown. For example, the median home price in Johnstown is $94,168, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Johnstown, Cherry County, Nebraska
Source: Ownwell
$38,361
$187,352
$336,343
Median Johnstown Market Value
$94,168
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 Johnstown, Cherry County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69214 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Johnstown, Cherry County, Nebraska
Median Johnstown Tax Bill
$846
Median Cherry County Tax Bill
$1,288
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Johnstown, Cherry County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69214 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell