Ericson, Greeley County, Nebraska Property Taxes

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

Median Ericson, NE effective property tax rate: 0.86%, significantly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Ericson, NE home value: $252,652
Median annual Ericson, NE tax bill: $2,183, $217 lower than the national median property tax bill of $2,400.

How are property taxes in Greeley County calculated?

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

Last Updated March 1, 2025

Ericson, Greeley County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.86%

Estimate Property Tax Bill

$2,173

$2,016

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

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

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

Property Tax Rates Across Ericson, Greeley County, Nebraska

Local government entities in Nebraska set tax rates, which can vary widely within the state. This is due to the fact that each year, counties like Greeley estimate their necessary budget to provide essential services. They then divide this budget by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While the process involves votes and laws to set these rates and budgets, this is essentially how it works annually.

In Ericson, located in Greeley County, the effective property tax rate can be compared to other cities throughout Nebraska, as well as the median property tax rates in both Nebraska and the U.S. Nebraska's median property tax rate is 0.86%, which is below the national median of 1.02%. This comparison highlights the variance in property tax obligations across different regions. Understanding these differences can be crucial for property owners looking to appeal or manage their tax responsibilities effectively. By staying informed, property owners can better navigate the complexities of property tax assessments and ensure they are not overpaying.

Property Tax Rates Across Ericson, Greeley County, Nebraska

Source: Ownwell

1.34%

1.80%

2.27%

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 Ericson Tax Rate

0.86%

Median Effective Greeley County Tax Rate

1.34%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ericson, Greeley County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68637	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Ericson, Greeley County, Nebraska

When examining property taxes in Ericson, 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 Greeley 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 Greeley 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 Ericson. For example, the median home price in Ericson is $252,652, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Ericson, Greeley County, Nebraska

Source: Ownwell

$68,462

$84,972

$101,482

Median Ericson Market Value

$252,652

Median Greeley County Market Value

$86,605

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ericson, Greeley County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68637	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Ericson, Greeley County, Nebraska

In Ericson, located in Greeley County, NE, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. For instance, with a median home price of $252,652, homeowners can expect their tax bills to vary significantly based on the assessed value and local tax rates, ranging from $1,617 for the 25th percentile to $8,172 for the 90th percentile. This variability highlights the impact of property assessments and local tax rates on homeowners' annual expenses. Compared to the national median property tax bill of $2,400, Ericson's tax bills can be considerably higher, affecting homeowners' budgets. Ownwell assists homeowners by reviewing their property assessments and identifying potential inaccuracies or opportunities for exemptions. By filing appeals on behalf of homeowners, Ownwell can help reduce tax liabilities, ensuring clients only pay their fair share and potentially saving them significant amounts each year.

Property Tax Bills Across Ericson, Greeley County, Nebraska

Source: Ownwell

$1,219

$1,425

$1,630

Median Ericson Tax Bill

$2,183

Median Greeley County Tax Bill

$1,502

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Ericson, Greeley County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68637	N/A	N/A	N/A	N/A	N/A

Source: Ownwell