Sidney, Cheyenne County, Nebraska Property Taxes
Median Sidney, NE effective property tax rate: 2.32%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%. Median Sidney, NE home value: $94,320. Median annual Sidney, NE tax bill: $2,076, $324 lower than the national median property tax bill of $2,400.
How are property taxes in Cheyenne calculated?
Property taxes in Sidney, 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 Sidney’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sidney, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sidney, Cheyenne County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.32%
Estimate Property Tax Bill
$2,188
$2,031
Ownwell’s Sidney Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sidney with just two data points.
By entering your property's estimated assessed value, our calculator applies Sidney’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 Cheyenne County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Sidney, Cheyenne County, Nebraska
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. This is the annual process, although votes and laws are involved in setting tax rates and budgets.
In Sidney, located in Cheyenne County, NE, property tax rates are notably higher than the national median. The effective property tax rate in Sidney stands at 2.32%, which is significantly above the national median of 1.02%. This rate is consistent across both the highest and lowest median tax rates in the area, reflecting a uniformity that is not always seen in other regions.
When comparing Sidney's effective property tax rate to other cities in Nebraska, it is clear that property owners here face a higher tax burden. This can impact decisions for potential homeowners and investors considering Sidney as a location. Understanding these rates is crucial for property owners aiming 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 Sidney Tax Rate
2.32%
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 Cheyenne County Tax Rate
2.32%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sidney, Cheyenne County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69162 | 1.72% | 2.32% | 2.32% | 2.32% | 2.32% |
Source: Ownwell
Property Tax Assessment Values Across Sidney, Cheyenne County, Nebraska
When examining property taxes in Sidney, 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 Cheyenne County Assessor's Office 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 Cheyenne 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 Sidney. For example, the median home price in Sidney is $94,320, with tax bills ranging significantly across the county. 69162 has the highest median home price at $94,320.
Property Tax Assessment Values Across Sidney, Cheyenne County, Nebraska
Source: Ownwell
$62,233
$78,964
$95,695
Median Sidney Market Value
$94,320
Median Cheyenne County Market Value
$91,196
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sidney, Cheyenne County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69162 | $33,964 | $57,389 | $94,320 | $152,820 | $239,547 |
Source: Ownwell
Property Tax Bills Across Sidney, Cheyenne County, Nebraska
Median Sidney Tax Bill
$2,076
Median Cheyenne County Tax Bill
$1,857
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Sidney, Cheyenne County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69162 | $672 | $1,214 | $2,076 | $3,302 | $5,121 |
Source: Ownwell