Hildreth, Franklin County, Nebraska Property Taxes
Property Taxes in Hildreth, Nebraska
Median Hildreth, Nebraska effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, and lower than the Nebraska state median of 1.39%.
Median Hildreth, Nebraska home value: $112,250
Median annual Hildreth, Nebraska tax bill: $1,404, $996 lower than the national median property tax bill of $2,400.
How are property taxes in Franklin County calculated?
Property taxes in Hildreth, 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 Hildreth's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hildreth, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Hildreth, Franklin County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.34%
Estimate Property Tax Bill
$1,504
$1,396
How Does the Hildreth Property Tax Calculator Work?
Use this Hildreth property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hildreth's median effective tax rate of 1.34% — based on actual property records in Franklin 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 Hildreth's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Hildreth: rates range from 1.34% in 68947 to 1.34% in 68947, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Hildreth.
About Hildreth Property Taxes
About Property Taxes in Hildreth, Franklin, Nebraska
Hildreth's median effective property tax rate of 1.34% is lower than the Nebraska state median of 1.39% and higher than the national median of 1.02%. This rate reflects the Franklin County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Hildreth. Homeowners in the 68947 ZIP code carry a median effective rate of 1.34%, while those in the same ZIP code also pay 1.34%. This reflects how school district boundaries and local assessment districts are drawn across Franklin County. Understanding where you live in Hildreth can make a meaningful difference to your annual tax bill.
Hildreth 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 Hildreth, Franklin 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 Hildreth'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 HildrethTax Rate
1.34%
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 FranklinCounty Tax Rate
1.34%
Median Effective NebraskaTax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hildreth, Franklin County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68947 | 0.79% | 0.93% | 1.34% | 1.35% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Hildreth, Franklin County, Nebraska
When examining property taxes in Hildreth, 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 Franklin 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.
Assessment notices:
In Franklin 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. For example, the median home price in Hildreth is $112,250, with tax bills ranging across the county. Zip code 68947 has the highest median home price at $112,250.
Property Tax Assessment Values Across Hildreth, Franklin County, Nebraska
Source: Ownwell
$21,862
$197,464
$373,065
Median Hildreth Market Value
$112,250
Median Franklin County Market Value
$69,155
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hildreth, Franklin County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68947 | $32,826 | $64,099 | $112,250 | $186,509 | $409,014 |
Source: Ownwell
Property Tax Bills Across Hildreth, Franklin County, Nebraska
Property tax bills in Hildreth are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property’s market value rises, the assessed value can increase as well, which may lead to a higher tax bill. Local factors such as school funding, county services, and other public needs also influence the final amount homeowners owe.
For a home with a median price of $112,250, the property tax burden can vary widely. The tax bill at the 25th percentile is $802, while the 75th percentile reaches $2,096. At the 90th percentile, homeowners may see bills as high as $4,137. The median tax bill in the area is $1,404, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.
These taxes directly affect monthly housing costs and long-term affordability for homeowners.
Median Hildreth Tax Bill
$1,404
Median Franklin County Tax Bill
$880
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Hildreth, Franklin County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68947 | $376 | $802 | $1,404 | $2,096 | $4,137 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Franklin Tax Assessor | |
| Website | franklin.gworks.com |