Peru, Nemaha County, Nebraska Property Taxes

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

Median Peru, NE effective property tax rate: 2.19%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Peru, NE home value: $57,226
Median annual Peru, NE tax bill: $1,187, $1,213 lower than the national median property tax bill of $2,400.

How are property taxes in Nemaha County calculated?

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

Last Updated March 1, 2025

Peru, Nemaha County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.19%

Estimate Property Tax Bill

$1,253

$1,163

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

Property Tax Rates Across Peru, Nemaha County, Nebraska

Local government entities set tax rates, which can vary widely within a state. 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 Peru’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S. Peru, located in Nemaha County, boasts a property tax rate that is significantly higher than the national median rate of 1.02%. This means property owners in Peru might find themselves paying more in property taxes compared to the average U.S. homeowner. Understanding these rates is crucial for property owners looking to manage their expenses effectively. By staying informed, homeowners in Peru can make educated decisions about their property investments and potential tax liabilities.

Property Tax Rates Across Peru, Nemaha County, Nebraska

Source: Ownwell

1.02%

1.60%

2.19%

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 Peru Tax Rate

2.19%

Median Effective Nemaha County Tax Rate

1.57%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Peru, Nemaha County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68421	1.53%	1.53%	2.19%	2.19%	2.19%

Source: Ownwell

Property Tax Assessment Values Across Peru, Nemaha County, Nebraska

When examining property taxes in Peru, 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's Office 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 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 Peru.

For example, the median home price in Peru is $57,226, with tax bills ranging significantly across the county. Zip code 68421 has the highest median home price at $57,226.

Property Tax Assessment Values Across Peru, Nemaha County, Nebraska

Source: Ownwell

$30,318

$116,475

$202,632

Median Peru Market Value

$57,226

Median Nemaha County Market Value

$86,266

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Peru, Nemaha County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68421	$13,213	$29,115	$57,226	$97,215	$191,120

Source: Ownwell

Property Tax Bills Across Peru, Nemaha County, Nebraska

In Peru, located in Nemaha County, NE, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property’s assessed value and the local tax rate set by the county. Homeowners in Peru can expect tax bills ranging from $570 at the 25th percentile to $3,232 at the 90th percentile. The median tax bill in the area is $1,187, which is below the national median of $2,400. This financial obligation can significantly impact homeowners, especially if property values increase. Ownwell can assist homeowners by reviewing their property assessments and identifying potential discrepancies. By appealing over-assessed values, Ownwell helps clients lower their tax bills, ensuring they pay only their fair share. This service can lead to substantial savings, easing the financial burden on homeowners in Peru.

Property Tax Bills Across Peru, Nemaha County, Nebraska

Source: Ownwell

$504

$1,363

$2,221

Median Peru Tax Bill

$1,187

Median Nemaha County Tax Bill

$1,413

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Peru, Nemaha County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68421	$276	$570	$1,187	$1,860	$3,232

Source: Ownwell