Merna, Custer County, Nebraska Property Taxes

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

Median Merna, NE effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Merna, NE home value: $91,436
Median annual Merna, NE tax bill: $937, $1,463 lower than the national median property tax bill of $2,400.

How are property taxes in Custer calculated?

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

Last Updated March 1, 2025

Merna, Custer County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.19%

Estimate Property Tax Bill

$1,088

$1,010

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

Property Tax Rates Across Merna, Custer County, Nebraska

Local government entities determine tax rates, which can significantly differ within a state. This variation occurs because each county annually calculates its required budget for services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this calculation is the core of the annual process.

In Merna, located in Custer County, Nebraska, the effective property tax rate offers a unique perspective when compared to other cities within the state. Nebraska's median property tax rate stands at 1.19%, which is above the national median of 1.02%. This suggests that property owners in Merna may experience a higher tax burden compared to the national average. However, when looking at the broader picture across the state, Merna's rate aligns with the highest median tax rate found in Nebraska, which is also 1.19%. Understanding these nuances can empower property owners to make informed decisions about their property investments and tax appeal opportunities.

Property Tax Rates Across Merna, Custer County, Nebraska

Source: Ownwell

0.90%

1.37%

1.84%

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 Merna Tax Rate

1.19%

Median Effective Custer County Tax Rate

1.38%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Merna, Custer County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68856	0.90%	0.92%	1.19%	1.19%	1.19%

Source: Ownwell

Property Tax Assessment Values Across Merna, Custer County, Nebraska

When examining property taxes in Merna, 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 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 Custer 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 Merna.

For example, the median home price in Merna is $91,436, with tax bills ranging significantly across the county. Zip code 68856 has the highest median home price at $91,436.

Property Tax Assessment Values Across Merna, Custer County, Nebraska

Source: Ownwell

$45,774

$230,230

$414,686

Median Merna Market Value

$91,436

Median Custer County Market Value

$99,711

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Merna, Custer County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68856	$16,078	$39,354	$91,436	$217,047	$563,237

Source: Ownwell

Property Tax Bills Across Merna, Custer County, Nebraska

Property tax bills in Merna, located in Custer County, Nebraska, are calculated based on the assessed value of the property rather than its market value. The assessed value is determined by the local assessor's office and considers factors such as property size, location, and any improvements made. In Merna, the median property tax bill is $937, which is below the national median of $2,400. This lower tax bill can be attributed to the area's relatively affordable median home price of $91,436. However, homeowners in Merna may still face challenges, as tax bills can vary significantly. For example, the tax bill at the 90th percentile reaches $5,337, indicating that some homeowners could be paying much higher taxes than others. Ownwell can assist homeowners in Merna by providing property tax appeal services to ensure they are not overpaying. By analyzing the assessed value and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax bills and save money.

Property Tax Bills Across Merna, Custer County, Nebraska

Source: Ownwell

$764

$3,241

$5,717

Median Merna Tax Bill

$937

Median Custer County Tax Bill

$1,435

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Merna, Custer County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68856	$156	$438	$937	$2,322	$5,337

Source: Ownwell