Hooper, Cuming County, Nebraska Property Taxes

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

Median Hooper, NE effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Hooper, NE home value: $149,525
Median annual Hooper, NE tax bill: $1,703, $697 lower than the national median property tax bill of $2,400.

How are property taxes in Cuming County calculated?

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

Last Updated March 1, 2025

Hooper, Cuming County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.14%

Estimate Property Tax Bill

$1,705

$1,582

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

Property Tax Rates Across Hooper, Cuming County, Nebraska

Local government entities determine tax rates, which can vary significantly within a state. Each county annually estimates its required budget to provide essential services 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 essentially the annual process. In Hooper, located in Cuming County, Nebraska, the effective property tax rate is a key consideration for homeowners. When compared to other cities in Nebraska, Hooper's rate offers insights into the local tax landscape. Additionally, comparing Hooper's effective property tax rate with the median rates in Nebraska and across the U.S. provides a broader perspective. Nebraska's median property tax rate stands above the national median of 1.02%, reflecting the state's unique approach to property taxation. Understanding these rates is crucial for homeowners looking to manage their expenses effectively.

Property Tax Rates Across Hooper, Cuming County, Nebraska

Source: Ownwell

0.88%

1.16%

1.44%

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 Hooper Tax Rate

1.14%

Median Effective Cuming County Tax Rate

1.19%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hooper, Cuming County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68031	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Hooper, Cuming County, Nebraska

When examining property taxes in Hooper, 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 Cuming 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 Cuming 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 Hooper. For example, the median home price in Hooper is $149,525, with tax bills ranging significantly across the county. 68031 has the highest median home price at $149,525.

Property Tax Assessment Values Across Hooper, Cuming County, Nebraska

Source: Ownwell

$105,270

$313,273

$521,275

Median Hooper Market Value

$149,525

Median Cuming County Market Value

$148,485

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hooper, Cuming County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68031	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Hooper, Cuming County, Nebraska

In Hooper, Nebraska, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor's office. The tax rate is applied to this assessed value to calculate the annual tax bill. In Cuming County, the property tax bill at the 25th, 75th, and 90th percentiles is consistently $1,703, reflecting a relatively stable tax environment. Compared to the national median property tax bill of $2,400, Hooper's tax burden is lower, which can be an advantage for homeowners. However, the assessed value may not always accurately reflect the property's current market value, potentially leading to overpayment.

Homeowners in Hooper can benefit from Ownwell's expertise in property tax appeal services. By analyzing the assessed value and comparing it to market trends, Ownwell can identify discrepancies and file appeals on behalf of homeowners. This can result in significant savings by ensuring that homeowners are not overpaying on their property taxes, providing financial relief and peace of mind.

Property Tax Bills Across Hooper, Cuming County, Nebraska

Source: Ownwell

$1,405

$3,000

$4,594

Median Hooper Tax Bill

$1,703

Median Cuming County Tax Bill

$1,766

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Hooper, Cuming County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68031	N/A	N/A	N/A	N/A	N/A

Source: Ownwell