Kearney, Kearney County, Nebraska Property Taxes
Property Taxes in Kearney, Nebraska
Median Kearney, Nebraska effective property tax rate: 1.03%, significantly lower than the national median of 1.02%, and lower than the Nebraska state median of 1.39%.
Median Kearney, Nebraska home value: $295,460
Median annual Kearney, Nebraska tax bill: $2,962, higher than the national median property tax bill of $2,400.
How are property taxes in Kearney calculated?
Property taxes in Kearney, Nebraska 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 Kearney's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kearney, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Kearney, Kearney County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.03%
Estimate Property Tax Bill
$3,043
$2,824
How Does the Kearney Property Tax Calculator Work?
Use this Kearney property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Kearney's median effective tax rate of 1.03% — based on actual property records in Kearney County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Kearney's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Kearney: rates range from the lowest median tax bill of $2,517 in 68847 to the highest median tax bill of $3,371 in 68845, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Kearney.
About Kearney Property Taxes
About Property Taxes in Kearney, Kearney, Nebraska
Kearney’s median effective property tax rate of 1.03% is lower than the Nebraska state median of 1.39% and slightly higher than the national median of 1.02%. This rate reflects the Kearney County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Kearney. Homeowners in the 68845 ZIP code carry a median effective rate of 1.07%, while those in 68847 pay 0.85%. This spread — 0.22 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Kearney County. Understanding which part of Kearney you live in can make a meaningful difference to your annual tax bill.
Kearney homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 30, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Kearney, Kearney County, Nebraska
As noted earlier, 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 Kearney's effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.
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 Kearney Tax Rate
1.03%
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 Kearney County Tax Rate
1.33%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Kearney, Kearney County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68845 | 0.98% | 1.03% | 1.07% | 1.08% | 1.11% |
| 68847 | 0.78% | 0.82% | 0.85% | 0.92% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Kearney, Kearney County, Nebraska
When examining property taxes in Kearney, 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 Kearney 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.
Assessment notices are sent in June each year.
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. For Kearney, the median home price is $295,460, with tax bills ranging from $1,861 at the 25th percentile to $6,094 at the 90th percentile. Zip code 68845 has the highest median home price at $305,828, while zip code 68847 has the lowest median tax bill at $2,517.
Property Tax Assessment Values Across Kearney, Kearney County, Nebraska
Source: Ownwell
$38,410
$317,920
$597,430
Median Kearney Market Value
$295,460
Median Kearney County Market Value
$168,342
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Kearney, Kearney County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68845 | $139,778 | $197,431 | $305,828 | $422,631 | $701,505 |
| 68847 | $125,297 | $192,035 | $288,835 | $416,242 | $580,778 |
Source: Ownwell
Property Tax Bills Across Kearney, Kearney County, Nebraska
Property tax bills in Kearney are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property’s market value rises, the assessed value can increase as well, which may lead to a higher tax bill. Homeowners in Kearney should also consider that different ZIP codes can experience different median tax bills, with the highest median tax bill at $3,371 in 68845 and the lowest median tax bill at $2,517 in 68847.
For a home with a median value of $295,460, the property tax bill can vary widely depending on the assessment and the applicable rate. In Kearney, the 25th percentile tax bill is $1,861, while the 75th percentile is $4,277 and the 90th percentile reaches $6,094. Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, local bills can have a meaningful impact on homeowners’ annual housing costs.
Median Kearney Tax Bill
$2,962
Median Kearney County Tax Bill
$1,986
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Kearney, Kearney County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68845 | $1,329 | $1,937 | $3,371 | $4,633 | $8,274 |
| 68847 | $793 | $1,476 | $2,517 | $3,689 | $5,098 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Kearney Tax Assessor | |
| Website | kearney.gworks.com |