Purdum, Cherry County, Nebraska Property Taxes
Median Purdum, NE effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%. Median Purdum, NE home value: $252,008. Median annual Purdum, NE tax bill: $1,975, $425 lower than the national median property tax bill of $2,400.
How are property taxes in Cherry calculated?
Property taxes in Purdum, 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 Purdum’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Purdum, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Purdum, Cherry County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$1,966
$1,824
Property Tax Rates Across Purdum, Cherry County, Nebraska
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services annually 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, this is the annual process.
In Purdum, located in Cherry County, Nebraska, property tax rates are determined by this method. The effective property tax rate in Purdum is lower than the national median property tax rate of 1.02%. Compared to the national median property tax bill of $2,400, Purdum residents generally face a more favorable tax situation. When compared to other cities in Nebraska and the median property tax rates in the state, Purdum stands out for its relatively low tax burden. This can be an attractive factor for property owners considering a move or investment in the area. Understanding these dynamics can help property owners make informed decisions about their investments and potential tax liabilities in Purdum.
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 Purdum Tax Rate
0.78%
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 Purdum, Cherry County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
69157 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Purdum, Cherry County, Nebraska
When examining property taxes in Purdum, 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. Cherry County 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 Purdum. For example, the median home price in Purdum is $252,008, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Purdum, Cherry County, Nebraska
Source: Ownwell

$38,361
$187,352
$336,343
Median Purdum Market Value
$252,008
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 Purdum, Cherry County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
69157 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Purdum, Cherry County, Nebraska
In Purdum, Cherry County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value typically reflects a percentage of the property's market value. With a median home price of $252,008, homeowners in Purdum face property tax bills that can significantly impact their finances. Interestingly, the tax bill for the 25th, 75th, and 90th percentiles is consistently $1,975, which is below the national median property tax bill of $2,400. This suggests a relatively uniform taxation approach in the area.
Factors influencing the property tax bill include the home's assessed value, local tax rates, and any applicable exemptions or deductions. High property taxes can be burdensome for homeowners, but Ownwell offers an effective solution. By providing expert property tax appeal and exemption services, Ownwell can help homeowners in Purdum potentially lower their tax bills, ensuring they pay only their fair share. With Ownwell's assistance, homeowners can navigate the complexities of property taxation and achieve significant savings.
Median Purdum Tax Bill
$1,975
Median Cherry County Tax Bill
$1,288
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Purdum, Cherry County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
69157 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell