Merriman, Cherry County, Nebraska Property Taxes

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

Median Merriman, NE effective property tax rate: 1.17%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Merriman, NE home value: $38,361
Median annual Merriman, NE tax bill: $536, $1,864 lower than the national median property tax bill of $2,400.

How are property taxes in Cherry County calculated?

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

Last Updated March 1, 2025

Merriman, Cherry County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.17%

Estimate Property Tax Bill

$449

$416

Ownwell’s Merriman Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Merriman with just two data points. By entering your property's estimated assessed value, our calculator applies Merriman’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 Merriman, Cherry County, Nebraska

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation is due to each county's annual process of estimating its budgetary needs for public services and dividing that by the total assessed value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and legislation play a role in determining tax rates and budgets, this is essentially how the process works each year. In Merriman, Cherry County, Nebraska, the effective property tax rate stands at 1.17%, which is higher than the national median of 1.02%. This rate is consistent across the county, as it is both the highest and lowest in the area. When compared to the U.S. median property tax bill of $2400, Merriman's rate indicates a relatively higher tax burden. Understanding these rates is crucial for property owners, as they directly impact annual tax bills and overall property expenses.

Property Tax Rates Across Merriman, 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 Merriman Tax Rate

1.17%

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 Merriman, Cherry County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
69218	0.77%	0.93%	1.17%	1.39%	2.92%

Source: Ownwell

Property Tax Assessment Values Across Merriman, Cherry County, Nebraska

When examining property taxes in Merriman, 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 Merriman. For example, the median home price in Merriman is $38,361, with tax bills ranging significantly across the county. Zip code 69218 has the highest median home price at $38,361.

Property Tax Assessment Values Across Merriman, Cherry County, Nebraska

Source: Ownwell

$38,361

$187,352

$336,343

Median Merriman Market Value

$38,361

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 Merriman, Cherry County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
69218	$2,857	$10,906	$38,361	$139,715	$389,060

Source: Ownwell

Property Tax Bills Across Merriman, Cherry County, Nebraska

In Merriman, Cherry County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the final tax bill. The median home price in Merriman is relatively low at $38,361, which influences the property tax bills. Homeowners in Merriman can expect a tax bill ranging from $136 at the 25th percentile to $1,737 at the 75th percentile, with the 90th percentile reaching up to $4,182. The median property tax bill in the area is $536, significantly lower than the national median of $2,400. For homeowners, this means a lighter financial burden compared to many other regions. However, there is always potential for savings. Ownwell offers expert property tax appeal services, helping homeowners challenge their assessed values and secure exemptions, potentially reducing their tax bills even further. By leveraging Ownwell's expertise, homeowners can ensure they are not overpaying on their property taxes.

Property Tax Bills Across Merriman, Cherry County, Nebraska

Source: Ownwell

$337

$1,754

$3,171

Median Merriman Tax Bill

$536

Median Cherry County Tax Bill

$1,288

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Merriman, Cherry County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
69218	$46	$136	$536	$1,737	$4,182

Source: Ownwell