Brock, Nemaha County, Nebraska Property Taxes
Median Brock, NE effective property tax rate: 1.51%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Brock, NE home value: $86,800
Median annual Brock, NE tax bill: $1,225, $1,175 lower than the national median property tax bill of $2,400.
How are property taxes in Nemaha calculated?
Property taxes in Brock, 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 Brock’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Brock, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Brock, Nemaha County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.37%
Estimate Property Tax Bill
$1,877
$1,742
Property Tax Rates Across Brock, Nemaha 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 Brock’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.
Brock, located in Nemaha County, reflects Nebraska's median property tax rate of 1.51%, which is significantly higher than the national median of 1.02%. This elevated rate can result in higher property tax bills for homeowners compared to the national average, underscoring the importance of exploring property tax appeal and exemption opportunities. Within Nebraska, Brock's rate is consistent across the board, with the highest and lowest median tax rates both being 1.51%. This uniformity highlights the importance of understanding local tax dynamics and ensuring that property assessments are accurate. For homeowners in Brock, leveraging property tax appeal services can potentially lead to significant savings, aligning their tax responsibilities more closely with their property's true market value.
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 Brock 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 Nemaha County Tax Rate
1.37%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Brock, Nemaha County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68320 | 0.88% | 0.91% | 1.37% | 1.38% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Brock, Nemaha County, Nebraska
When examining property taxes in Brock, 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 Nemaha 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 Nemaha 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 Brock.
For example, the median home price in Brock is $86,800, with tax bills ranging significantly across the county. Zip code 68320 has the highest median home price at $86,800.
Property Tax Assessment Values Across Brock, Nemaha County, Nebraska
Source: Ownwell
$45,072
$189,504
$333,935
Median Brock Market Value
$136,994
Median Nemaha County Market Value
$120,815
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Brock, Nemaha County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68320 | $15,630 | $51,432 | $136,994 | $392,384 | $793,554 |
Source: Ownwell
Property Tax Bills Across Brock, Nemaha County, Nebraska
Median Brock Tax Bill
$1,636
Median Nemaha County Tax Bill
$1,640
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Brock, Nemaha County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68320 | $216 | $687 | $1,636 | $3,881 | $6,667 |
Source: Ownwell