Holbrook, Gosper County, Nebraska Property Taxes

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

Median Holbrook, 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 Holbrook, NE home value: $323,598
Median annual Holbrook, NE tax bill: $3,889, $1,489 higher than the national median property tax bill of $2,400.

How are property taxes in Gosper calculated?

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

Last Updated March 1, 2025

Holbrook, Gosper 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

$3,851

$3,573

Ownwell’s Holbrook Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Holbrook with just two data points.

By entering your property's estimated assessed value, our calculator applies Holbrook’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 Gosper County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Holbrook, Gosper County, Nebraska

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This is because each county must estimate its annual budget to fund services and then divide that by the total assessed value of all taxable properties in its jurisdiction. This process determines the property tax rate. Although there are laws and voting procedures involved in setting these rates and budgets, this is essentially how the annual process unfolds.

In Holbrook, located in Gosper County, Nebraska, the effective property tax rate can be compared to other cities within the state, as well as the median property tax rates in Nebraska and across the U.S. Nebraska's median property tax rate is 1.19%, which is above the national median of 1.02%. This means that property owners in Holbrook may experience higher property tax bills compared to the national average. Understanding these rates is crucial for property owners who wish to manage their expenses effectively and potentially appeal their property taxes if they believe they are being over-assessed.

Property Tax Rates Across Holbrook, Gosper County, Nebraska

Source: Ownwell

1.07%

1.22%

1.37%

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 Holbrook Tax Rate

1.19%

Median Effective Gosper County Tax Rate

1.11%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Holbrook, Gosper County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68948	1.19%	1.19%	1.19%	1.20%	1.21%

Source: Ownwell

Property Tax Assessment Values Across Holbrook, Gosper County, Nebraska

When examining property taxes in Holbrook, 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 Gosper 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 Gosper 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 Holbrook. For example, the median home price in Holbrook is $323,598, with tax bills ranging significantly across the county. Zip code 68948 has the highest median home price at $323,598.

Property Tax Assessment Values Across Holbrook, Gosper County, Nebraska

Source: Ownwell

$67,985

$197,619

$327,252

Median Holbrook Market Value

$323,598

Median Gosper County Market Value

$179,048

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Holbrook, Gosper County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68948	$147,276	$222,733	$323,598	$557,804	$696,816

Source: Ownwell

Property Tax Bills Across Holbrook, Gosper County, Nebraska

In Holbrook, Nebraska, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to generate the annual tax bill. Holbrook's median tax bill is significantly higher than the national median of $2,400, with the 25th percentile at $2,655 and the 75th percentile reaching $6,646. These figures highlight the financial impact on homeowners, especially when compared to the national median property tax rate of 1.02%. Factors such as property location, local school district funding, and municipal needs influence tax rates. For homeowners in Holbrook, managing these costs is crucial. Ownwell offers professional property tax appeal services that can help reduce these expenses. By analyzing your property’s assessment and market value, Ownwell identifies potential savings and assists in filing appeals to lower tax bills. This service can be particularly beneficial in regions with tax bills above the national average, providing homeowners with much-needed financial relief.

Property Tax Bills Across Holbrook, Gosper County, Nebraska

Source: Ownwell

$889

$2,500

$4,111

Median Holbrook Tax Bill

$3,889

Median Gosper County Tax Bill

$2,112

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Holbrook, Gosper County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68948	$1,149	$2,655	$3,889	$6,646	$8,312

Source: Ownwell