Meadow Grove, Madison County, Nebraska Property Taxes
Property Taxes in Meadow Grove, Nebraska
Median Meadow Grove, Nebraska effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, and lower than the Nebraska state median of 1.39%.
Median Meadow Grove, Nebraska home value: $156,370
Median annual Meadow Grove, Nebraska tax bill: $1,817, $583 lower than the national median property tax bill of $2,400.
How are property taxes in Madison calculated?
Property taxes in Meadow Grove, 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 Meadow Grove's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Meadow Grove, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Meadow Grove, Madison County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.88%
Estimate Property Tax Bill
$1,376
$1,277
How Does the Meadow Grove Property Tax Calculator Work?
Use this Meadow Grove property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Meadow Grove's median effective tax rate of 0.88% — based on actual property records in Madison 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 Meadow Grove'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 Meadow Grove: rates range from 0.88% in 68752 to 0.88% in 68752, primarily due to differences in school district levies and local assessment districts. Meadow Grove's median effective tax rate is lower than Nebraska's 1.39% median rate, and the median property tax bill is $1,817, which is $583 lower than the state median.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Meadow Grove.
About Meadow Grove Property Taxes
About Property Taxes in Meadow Grove, Madison, NE
Meadow Grove's median effective property tax rate of 0.88% is lower than the Nebraska state median of 1.39% and lower than the national median of 1.02%. This rate reflects the Madison 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 Meadow Grove. Homeowners in the 68752 ZIP code carry a median effective rate of 0.88%, while those in the same ZIP code pay 0.88%. This spread reflects how school district boundaries and local assessment districts are drawn across Madison County. Understanding which part of Meadow Grove you live in can make a meaningful difference to your annual tax bill.
Meadow Grove 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 Meadow Grove, Madison 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 Meadow Grove'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 Meadow Grove Tax Rate
0.88%
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 Madison County Tax Rate
1.24%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Meadow Grove, Madison County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68752 | 0.85% | 0.86% | 0.88% | 1.34% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Meadow Grove, Madison County, Nebraska
When examining property taxes in Meadow Grove, 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 Madison 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.
Assessment notices:
In Madison County, assessment notices are sent in June each year. They'll typically reach your mailbox by the middle of June.
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 understanding how assessed and market values are determined, property owners can better navigate their tax responsibilities and the valuation process affecting their property taxes in Meadow Grove.
For example, the median home price in Meadow Grove is $156,370, with tax bills ranging significantly across the county. ZIP code 68752 has both the highest median home price at $156,370 and the highest median tax bill at $1,817.
Property Tax Assessment Values Across Meadow Grove, Madison County, Nebraska
Source: Ownwell
$91,709
$279,909
$468,108
Median Meadow Grove Market Value
$156,370
Median Madison County Market Value
$192,124
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Meadow Grove, Madison County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68752 | $27,366 | $59,357 | $156,370 | $462,674 | $1,008,461 |
Source: Ownwell
Property Tax Bills Across Meadow Grove, Madison County, Nebraska
Property tax bills in Meadow Grove are based on the assessed value of a home and the local tax rate set by the county and other taxing authorities. For homeowners, the bill is determined by multiplying the assessed value by the applicable tax rate, so changes in market conditions or assessment updates can affect what is owed each year.
The median home price in Meadow Grove is $156,370, and the median property tax bill is $1,817, which is below the national median property tax bill of $2,400. That means many homeowners in the city pay less than the typical U.S. homeowner, though individual bills can vary widely.
Property tax bills in Meadow Grove range from $786 at the 25th percentile to $4,096 at the 75th percentile, with the 90th percentile reaching $8,876. These differences show how home value, assessment levels, and local tax rates can significantly affect the amount homeowners pay each year.
Median Meadow Grove Tax Bill
$1,817
Median Madison County Tax Bill
$2,262
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Meadow Grove, Madison County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68752 | $267 | $786 | $1,817 | $4,096 | $8,876 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Madison Tax Assessor | |
| Website | madison.gworks.com |