Hickman, Lancaster County, Nebraska Property Taxes
Median Hickman, NE effective property tax rate: 1.80%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Hickman, NE home value: $284,800
Median annual Hickman, NE tax bill: $4,829, $2,429 higher than the national median property tax bill of $2,400.
How are property taxes in Lancaster calculated?
Property taxes in Hickman, 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 Hickman’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hickman, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hickman, Lancaster County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.37%
Estimate Property Tax Bill
$4,299
$3,989
Ownwell’s Hickman Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hickman with just two data points.
By entering your property's estimated assessed value, our calculator applies Hickman’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 Lancaster County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Hickman, Lancaster County, Nebraska
Local government entities determine tax rates, which can vary significantly within Nebraska. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.
In Hickman, located in Lancaster County, the effective property tax rate stands at 1.80%. This rate is notably higher than the national median property tax rate of 1.02%. The median property tax bill in Hickman reflects this higher rate, surpassing the national median of $2400.
Comparing Hickman’s property tax rate to other cities in Nebraska, it aligns with the median tax rate for the state. However, it is essential to note that Hickman’s rate is the highest within its specific zip code, 68372, as well as the lowest, indicating uniformity in tax rates within this area. Understanding these rates can help property owners in Hickman make informed decisions and potentially seek assistance in managing their property tax obligations.
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 Hickman Tax Rate
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 Lancaster County Tax Rate
1.38%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hickman, Lancaster County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68372 | 0.91% | 1.07% | 1.37% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Hickman, Lancaster County, Nebraska
When examining property taxes in Hickman, 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 Lancaster 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 Lancaster 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 Hickman. For example, the median home price in Hickman is $284,800, with tax bills ranging significantly across the county. Zip code 68372 has the highest median home price at $284,800.
Property Tax Assessment Values Across Hickman, Lancaster County, Nebraska
Source: Ownwell
$164,200
$356,350
$548,500
Median Hickman Market Value
$313,800
Median Lancaster County Market Value
$245,100
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hickman, Lancaster County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68372 | $68,000 | $206,100 | $313,800 | $405,400 | $517,800 |
Source: Ownwell
Property Tax Bills Across Hickman, Lancaster County, Nebraska
Median Hickman Tax Bill
$3,926
Median Lancaster County Tax Bill
$3,364
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Hickman, Lancaster County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68372 | $742 | $2,606 | $3,926 | $5,080 | $5,943 |
Source: Ownwell