Greeley, Greeley County, Nebraska Property Taxes
- Median Greeley, NE effective property tax rate: 2.27%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
- Median Greeley, NE home value: $75,508
- Median annual Greeley, NE tax bill: $1,564, $836 lower than the national median property tax bill of $2,400.
How are property taxes in Greeley calculated?
Property taxes in Greeley, 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 Greeley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Greeley, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Greeley, Greeley County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.27%
Estimate Property Tax Bill
$1,714
$1,591
Property Tax Rates Across Greeley, Greeley County, Nebraska
Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting 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.
In Greeley, Nebraska, the effective property tax rate is 2.27%, which is significantly higher than the national median rate of 1.02%. This means residents in Greeley pay more in property taxes compared to the average U.S. homeowner. The high property tax rate reflects the county's budgetary needs and the total value of taxable property in the area. This can be a crucial factor for homeowners considering the financial implications of living in Greeley. Comparing Greeley's rate to other cities in Nebraska, it stands out as one of the highest in the state. Understanding these differences can help homeowners make informed decisions about property ownership and potential tax appeals.
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 Greeley Tax Rate
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 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 Greeley, Greeley County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68842 | 1.17% | 1.19% | 2.27% | 2.27% | 2.27% |
Source: Ownwell
Property Tax Assessment Values Across Greeley, Greeley County, Nebraska
When examining property taxes in Greeley, 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 Greeley. For example, the median home price in Greeley is $75,508, with tax bills ranging significantly across the county. ZIP code 68842 has the highest median home price at $75,508.
Property Tax Assessment Values Across Greeley, Greeley County, Nebraska
Source: Ownwell
$68,462
$84,972
$101,482
Median Greeley Market Value
$75,508
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 Greeley, Greeley County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68842 | $18,696 | $40,304 | $75,508 | $166,354 | $600,334 |
Source: Ownwell
Property Tax Bills Across Greeley, Greeley County, Nebraska
In Greeley, Nebraska, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The median home price in Greeley is $75,508, and property taxes are applied to this assessed value to determine the annual tax bill. Factors such as the property's location, size, and use can influence the assessed value. The median property tax bill in Greeley is $1,564, which is significantly lower than the national median of $2,400. However, tax bills can vary widely, with some homeowners paying as little as $842 and others facing bills as high as $6,783, depending on specific property characteristics.
Homeowners in Greeley can benefit from appealing their property tax assessments, potentially lowering their tax bills. Ownwell offers expert property tax appeal services, helping homeowners identify discrepancies in assessments and navigate the appeal process. By leveraging Ownwell's expertise, homeowners can ensure they are not overpaying on their property taxes, potentially saving hundreds or even thousands of dollars annually.
Median Greeley Tax Bill
$1,564
Median Greeley County Tax Bill
$1,502
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Greeley, Greeley County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68842 | $369 | $842 | $1,564 | $3,217 | $6,783 |
Source: Ownwell