Grant County, Nebraska Property Taxes

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

Median Grant County effective property tax rate: 0.80%, significantly lower than the national median of 1.02%.
Median Grant County home value: $47,849
Median annual Grant County tax bill: $588, $1,812 lower than the national median property tax bill of $2,400.

How are property taxes in Grant County calculated?

Property taxes in Grant County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Hyannis or another part of Grant County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Grant County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.8%

Estimate Property Tax Bill

$383

$355

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

Property Tax Rates Across Grant County, Nebraska

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate their budget needs to provide essential services and then divide this amount by the total value of all taxable property in their area. This calculation results in the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is the core process followed annually.

You can compare Grant County's effective property tax rate to other counties in Nebraska or the U.S. median property tax rate. Grant County has a median tax rate of 0.80%, which is below the national median of 1.02%. This lower rate can be attractive to property owners looking to minimize their tax burden. In contrast, the highest median tax rate in Nebraska is found in Hyannis at 1.30%, indicating significant variability within the state. Understanding these differences can help property owners make informed decisions about property investments and tax planning.

Property Tax Rates Across Grant County, Nebraska

Source: Ownwell

0.80%

1.05%

1.30%

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 Grant County Tax Rate

0.80%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Grant County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Ashby	0.78%	0.79%	0.80%	0.80%	0.80%
Hyannis	0.78%	0.80%	1.30%	1.30%	1.30%
Whitman	0.79%	0.80%	0.80%	0.81%	0.81%

Source: Ownwell

Property Tax Assessment Values Across Grant County, Nebraska

When examining property taxes in Grant County, 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 Grant County Assessor's Office 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 Grant 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 Grant County. For example, the median tax bill in Grant County is $1,406, with tax bills ranging significantly across the county. Whitman has the highest median home price at $123,216.

Property Tax Assessment Values Across Grant County, Nebraska

Source: Ownwell

$41,044

$82,130

$123,216

Median Grant County Market Value

$47,849

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Grant County, Nebraska

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Ashby	$6,675	$20,458	$41,044	$148,032	$376,869
Hyannis	$9,901	$23,312	$45,618	$126,274	$329,192
Whitman	$7,882	$27,022	$123,216	$313,069	$381,536

Source: Ownwell

Property Tax Bills Across Grant County, Nebraska

In Grant County, NE, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. Local tax authorities determine the assessed value, and this figure is then multiplied by the county's tax rate to calculate the annual tax bill. The median home price in Grant County is $47,849, and the tax bill varies significantly across different percentiles. For instance, the 25th percentile tax bill is $216, while the 75th percentile is $1,904, and the 90th percentile reaches $2,942. Homeowners in cities like Whitman face a higher median tax bill of $1,406, whereas those in Ashby enjoy a lower median bill of $397. Compared to the national median property tax bill of $2,400, Grant County's tax bills are generally lower, offering some relief to homeowners. These variations can significantly impact homeowners' finances, influencing decisions on property purchases and long-term residency. Understanding these factors is crucial for homeowners to manage their financial planning effectively.

Property Tax Bills Across Grant County, Nebraska

Source: Ownwell

$397

$902

$1,406

Median Grant County Tax Bill

$588

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Grant County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Ashby	$48	$136	$397	$2,132	$3,156
Hyannis	$82	$242	$594	$1,159	$2,728
Whitman	$61	$247	$1,406	$2,507	$3,059

Source: Ownwell