Wymore, Gage County, Nebraska Property Taxes
Median Wymore, NE effective property tax rate: 2.35%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Wymore, NE home value: $41,525
Median annual Wymore, NE tax bill: $786, $1,614 lower than the national median property tax bill of $2,400.
How are property taxes in Gage County calculated?
Property taxes in Wymore, 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 Wymore’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wymore, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wymore, Gage County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.35%
Estimate Property Tax Bill
$976
$906
Property Tax Rates Across Wymore, Gage County, Nebraska
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 Wymore’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.
Wymore, located in Gage County, has an effective property tax rate of 2.35%. This rate is notably higher than the national median property tax rate of 1.02%. It also stands out when compared to the national median property tax bill of $2,400. In Nebraska, Wymore's rate aligns with the highest and lowest median tax rates in the state, both recorded at 2.35%. This uniformity highlights the consistency in property tax rates within the region, contrasting with the broader variability seen across the United States.
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 Wymore Tax Rate
2.35%
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 Gage County Tax Rate
1.83%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wymore, Gage County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68466 | 0.82% | 1.54% | 2.35% | 2.35% | 2.35% |
Source: Ownwell
Property Tax Assessment Values Across Wymore, Gage County, Nebraska
When examining property taxes in Wymore, 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 Gage 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 Gage County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Wymore.
For example, the median home price in Wymore is $41,525, with tax bills ranging significantly across the county. The zip code 68466 has the highest median home price at $41,525.
Property Tax Assessment Values Across Wymore, Gage County, Nebraska
Source: Ownwell
$16,038
$172,100
$328,162
Median Wymore Market Value
$41,525
Median Gage County Market Value
$108,335
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wymore, Gage County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68466 | $7,937 | $19,359 | $41,525 | $88,451 | $210,902 |
Source: Ownwell
Property Tax Bills Across Wymore, Gage County, Nebraska
Median Wymore Tax Bill
$786
Median Gage County Tax Bill
$1,782
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Wymore, Gage County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68466 | $52 | $306 | $786 | $1,793 | $3,238 |
Source: Ownwell