Chapman, Merrick County, Nebraska Property Taxes

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

Median Chapman, NE effective property tax rate: 1.20%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Chapman, NE home value: $149,320
Median annual Chapman, NE tax bill: $1,773, $627 lower than the national median property tax bill of $2,400.

How are property taxes in Merrick calculated?

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

Last Updated March 1, 2025

Chapman, Merrick County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.2%

Estimate Property Tax Bill

$1,792

$1,663

Ownwell’s Chapman Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Chapman with just two data points. By entering your property's estimated assessed value, our calculator applies Chapman’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 Merrick County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Chapman, Merrick County, Nebraska

Local government entities are responsible for setting property tax rates, which can vary significantly within Nebraska. Each year, counties estimate the budget needed to provide essential services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is the core of the annual process. In Chapman, located in Merrick County, the effective property tax rate is 1.20%, which stands above the national median of 1.02%. This rate is consistent across Merrick County, as it represents both the highest and lowest median tax rate in the area, demonstrating a uniform approach to property taxation. When compared to the national median property tax bill of $2,400, homeowners in Chapman may experience higher tax bills due to the elevated rate. Understanding these rates can help property owners make informed decisions about their investments and potential savings through exemptions and appeals.

Property Tax Rates Across Chapman, Merrick County, Nebraska

Source: Ownwell

0.93%

1.43%

1.94%

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 Chapman Tax Rate

1.20%

Median Effective Merrick County Tax Rate

1.28%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Chapman, Merrick County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68827	1.06%	1.08%	1.20%	1.26%	1.28%

Source: Ownwell

Property Tax Assessment Values Across Chapman, Merrick County, Nebraska

When examining property taxes in Chapman, 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 Merrick 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.

In Merrick County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Chapman. For example, the median home price in Chapman is $149,320, with tax bills ranging significantly across the county. Zip code 68827 has the highest median home price at $149,320.

Property Tax Assessment Values Across Chapman, Merrick County, Nebraska

Source: Ownwell

$80,835

$146,753

$212,670

Median Chapman Market Value

$149,320

Median Merrick County Market Value

$135,822

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Chapman, Merrick County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68827	$22,695	$73,900	$149,320	$284,245	$600,080

Source: Ownwell

Property Tax Bills Across Chapman, Merrick County, Nebraska

In Chapman, located in Merrick County, NE, property tax bills are determined based on the assessed value of a home. The local tax rate is applied to this assessed value to calculate the tax bill. With a median home price of $149,320, property taxes can significantly impact homeowners. The tax bill at the 25th percentile is $790, while at the 75th percentile, it rises to $3,282, illustrating a wide range of potential costs. Additionally, the 90th percentile tax bill can reach up to $6,915, highlighting the importance of understanding how these bills are calculated. Compared to the national median property tax rate of 1.02%, Chapman’s rate may vary, affecting the overall tax burden on homeowners. Ownwell can assist by identifying potential savings through property tax appeals and exemptions. By leveraging their expertise, homeowners in Chapman can potentially reduce their tax bills, ensuring they only pay what is necessary and fair. This can make a significant difference in managing annual property expenses.

Property Tax Bills Across Chapman, Merrick County, Nebraska

Source: Ownwell

$1,170

$1,860

$2,550

Median Chapman Tax Bill

$1,773

Median Merrick County Tax Bill

$1,907

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Chapman, Merrick County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68827	$239	$790	$1,773	$3,282	$6,915

Source: Ownwell