Callaway, Custer County, Nebraska Property Taxes
Property Taxes in Callaway, Nebraska
Median Callaway, Nebraska effective property tax rate: 1.64%, significantly higher than the national median of 1.02%, and higher than the Nebraska state median of 1.39%.
Median Callaway, Nebraska home value: $127,170
Median annual Callaway, Nebraska tax bill: $1,534, $866 lower than the national median property tax bill of $2,400.
How are property taxes in Custer calculated?
Property taxes in Callaway, Nebraska 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 Callaway's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Callaway, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Callaway, Custer County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.64%
Estimate Property Tax Bill
$2,086
$1,935
How Does the Callaway Property Tax Calculator Work?
Use this Callaway property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Callaway's median effective tax rate of 1.64% — based on actual property records in Custer County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Callaway's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Callaway's rate is higher than Nebraska's 1.39% median tax rate, while the median property tax bill of $1,534 is lower than the state median by $866. Your bill may vary by ZIP code within Callaway, but the available ZIP code, 68825, shows the same median bill.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Callaway.
About Callaway Property Taxes
About Property Taxes in Callaway, Custer, Nebraska
Callaway’s median effective property tax rate of 1.64% is higher than the Nebraska state median of 1.39% and higher than the national median of 1.02%. This rate reflects the Custer County base levy combined with local school district levies and special assessment districts that can vary by subdivision throughout the city.
Property tax rates are not uniform across Callaway. Homeowners in ZIP code 68825 carry a median effective rate of 1.64%, while the same ZIP code also reflects a median tax bill of $1,534 and a median home price of $127,170. Understanding how assessed value and local levies work can make a meaningful difference to your annual tax bill.
Callaway homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 30, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Callaway, Custer County, Nebraska
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide 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, in a nutshell, this is the annual process.
Below, you can compare Callaway's effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.
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 Callaway Tax Rate
1.64%
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 Custer County Tax Rate
1.17%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Callaway, Custer County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68825 | 0.71% | 0.73% | 1.64% | 1.64% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Callaway, Custer County, Nebraska
When examining property taxes in Callaway, 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 Custer 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.
Assessment notices:
In Custer County, assessment notices are sent in June each year. They'll typically reach your mailbox by the middle of June.
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 Callaway.
For example, the median home price in Callaway is $127,170, with tax bills ranging significantly across the county. 68825 has the highest median home price at $127,170.
Property Tax Assessment Values Across Callaway, Custer County, Nebraska
Source: Ownwell
$47,561
$268,192
$488,823
Median Callaway Market Value
$127,170
Median Custer County Market Value
$120,038
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Callaway, Custer County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68825 | $22,776 | $56,130 | $127,170 | $249,333 | $457,699 |
Source: Ownwell
Property Tax Bills Across Callaway, Custer County, Nebraska
Property tax bills in Callaway are calculated from a home’s assessed value, which is then multiplied by the local tax rate set by taxing authorities. For homeowners, the bill is shaped by the market value of the property, local levies, and any exemptions or special assessments that apply. With a median home price of $127,170, taxes can vary widely from one property to another even within the same area.
In Custer County, the median property tax bill is $1,534, which is below the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%. Bills in the area range from $763 at the 25th percentile to $2,651 at the 75th percentile, with the 90th percentile reaching $4,135. That spread shows how a higher assessed value or different local tax obligations can raise a homeowner’s annual bill.
Median Callaway Tax Bill
$1,534
Median Custer County Tax Bill
$1,325
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Callaway, Custer County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68825 | $279 | $763 | $1,534 | $2,651 | $4,135 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Custer Tax Assessor | |
| Website | custer.gworks.com |