Hastings, Clay County, Nebraska Property Taxes

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

Median Hastings, NE effective property tax rate: 1.12%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Hastings, NE home value: $126,070
Median annual Hastings, NE tax bill: $1,590, $810 lower than the national median property tax bill of $2,400.

How are property taxes in Clay County calculated?

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

Last Updated March 1, 2025

Hastings, Clay County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.12%

Estimate Property Tax Bill

$1,412

$1,310

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

Property Tax Rates Across Hastings, Clay County, Nebraska

Local government entities determine tax rates, leading to significant variations within a state. Each county estimates its necessary budget for services and divides this by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. While votes and laws influence the setting of tax rates and budgets, this is the annual process in essence. In Hastings, located in Clay County, Nebraska, the effective property tax rate is 1.12%. This rate is notably higher than the national median property tax rate of 1.02%. The median property tax rate in Nebraska also stands at 1.12%, indicating that Hastings aligns with the state average. However, it surpasses the national median property tax bill of $2,400. Comparing Hastings to other cities in Nebraska, it shares the same property tax rate with the highest and lowest median rates found in the state. Understanding these rates can help property owners make informed decisions about their investments and potential tax liabilities.

Property Tax Rates Across Hastings, Clay County, Nebraska

Source: Ownwell

1.05%

1.68%

2.31%

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 Hastings Tax Rate

1.12%

Median Effective Clay County Tax Rate

1.67%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hastings, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68901	1.05%	1.12%	1.12%	1.30%	1.45%

Source: Ownwell

Property Tax Assessment Values Across Hastings, Clay County, Nebraska

When examining property taxes in Hastings, NE, 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 Clay County appraisal district 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 Clay 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 Hastings.

For example, the median home price in Hastings is $126,070, with tax bills ranging significantly across the county. Zip code 68901 has the highest median home price at $126,070.

Property Tax Assessment Values Across Hastings, Clay County, Nebraska

Source: Ownwell

$15,670

$94,923

$174,175

Median Hastings Market Value

$126,070

Median Clay County Market Value

$85,465

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hastings, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68901	$2,199	$57,405	$126,070	$272,905	$1,003,115

Source: Ownwell

Property Tax Bills Across Hastings, Clay County, Nebraska

In Hastings, property tax bills are determined based on the assessed value of a home, which is influenced by the local market conditions and property characteristics. The median home price in Hastings is $126,070. Homeowners in this area typically face a property tax bill of around $1,590, which is notably lower than the national median property tax bill of $2,400. The tax bill can vary significantly, with the 25th percentile at $605 and the 75th percentile reaching $3,551. Factors such as location, size, and improvements on the property can impact the assessed value, thereby affecting the tax bill. High property tax bills can strain homeowners financially, making it crucial to ensure they are fair and accurate. Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially reducing their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners in Hastings save money and ensure they are not overpaying on their property taxes.

Property Tax Bills Across Hastings, Clay County, Nebraska

Source: Ownwell

$239

$1,051

$1,862

Median Hastings Tax Bill

$1,590

Median Clay County Tax Bill

$1,360

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Hastings, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68901	$29	$605	$1,590	$3,551	$11,126

Source: Ownwell