Phelps County, Nebraska Property Taxes
Property Taxes in Phelps County, Nebraska
Median Phelps County effective property tax rate: 1.16%, significantly higher than the national median of 1.02%.
Median Phelps County home value: $148,720
Median annual Phelps County tax bill: $1,620, lower than the national median property tax bill of $2,400.
How are property taxes in Phelps County calculated?
Property taxes in Phelps County 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.
Why does the assessed value matter? Because property taxes are based on assessment, not the full market price, and exemptions can reduce what homeowners owe.
How do Phelps County taxes compare with Nebraska? Phelps County’s median effective property tax rate is 1.16%, lower than Nebraska’s 1.39% median rate.
Can homeowners lower their property tax bill? Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Phelps or another part of Phelps County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Phelps County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.16%
Estimate Property Tax Bill
$1,725
$1,601
How Does the Phelps County Property Tax Calculator Work?
Use this Phelps County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Phelps County's median effective tax rate of 1.16% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Phelps County's median tax rate is higher than Nebraska's 1.39% state median tax rate, while the county's median tax bill of $1,620 is lower than the national median property tax bill of $2,400 and $780 lower than the state median bill.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Phelps County.
Property Tax Rates Across Phelps County, Nebraska
What Are Effective Property Tax Rates Across Phelps County?
Local government entities set tax rates, which vary widely across Phelps County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Phelps County's effective property tax rate to other counties in Nebraska or the U.S. median of 1.02%.
Phelps County's median effective rate stands at 1.16%, which is higher than the national median of 1.02%. Within Phelps County, the highest rate is found in Bertrand at 1.59%, while Wilcox has the lowest at 0.63%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill Ă· 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 Phelps County Tax Rate
1.16%
Our median effective property tax rate (tax bill Ă· 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 Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Phelps County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atlanta | 0.80% | 0.80% | 0.81% | 0.83% | 0.98% |
| Axtell | 0.62% | 0.74% | 0.77% | 0.78% | 0.78% |
| Bertrand | 0.73% | 0.74% | 1.59% | 1.59% | 1.59% |
| Elm Creek | 0.76% | 0.77% | 0.99% | 1.01% | 1.02% |
| Funk | 0.74% | 0.76% | 0.94% | 0.96% | 0.97% |
| Holdrege | 0.79% | 1.14% | 1.16% | 1.16% | 1.16% |
| Kearney | 1.00% | 1.01% | 1.01% | 1.01% | 1.02% |
| Loomis | 0.60% | 0.62% | 0.98% | 0.98% | 0.99% |
| Overton | 0.58% | 0.75% | 0.75% | 0.76% | 0.79% |
| Wilcox | 0.62% | 0.62% | 0.63% | 0.63% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across Phelps County, Nebraska
When examining property taxes in Phelps County, 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 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.
Assessment notices are sent in June each year and typically reach your mailbox by the middle of the month.
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. The median tax bill in Phelps County is $1,620, compared with the national median property tax bill of $2,400. Tax bills range widely, with Kearney at $3,523 and Atlanta at $308. Axtell has the highest median home price at $490,141.
Median Phelps County Market Value
$148,720
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Phelps County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atlanta | $5,770 | $17,940 | $38,035 | $96,636 | $143,706 |
| Axtell | $178,986 | $255,802 | $490,141 | $1,175,615 | $1,823,019 |
| Bertrand | $38,090 | $75,729 | $139,740 | $241,963 | $564,768 |
| Elm Creek | $147,231 | $205,829 | $401,839 | $716,649 | $1,120,939 |
| Funk | $21,995 | $79,812 | $194,860 | $359,584 | $945,691 |
| Holdrege | $31,875 | $77,516 | $144,990 | $234,545 | $377,142 |
| Kearney | $113,120 | $263,366 | $329,707 | $403,112 | $1,777,492 |
| Loomis | $39,985 | $82,052 | $151,191 | $272,758 | $862,943 |
| Overton | $110,531 | $224,277 | $361,559 | $821,236 | $1,213,911 |
| Wilcox | $140,156 | $217,741 | $318,922 | $471,055 | $1,181,456 |
Source: Ownwell
Property Tax Bills Across Phelps County, Nebraska
Phelps County property tax bills are calculated by multiplying a home’s assessed value by the local tax rate, then applying any exemptions or special levies that may affect the final amount. The assessed value is based on the property’s market value, so homes with higher values generally face larger tax bills. Local taxing authorities use this process to fund services such as schools, roads, and public safety.
With a median home price of $148,720, homeowners in Phelps County can see very different outcomes depending on location and property characteristics. The 25th percentile tax bill is $836, while the 75th percentile is $2,708 and the 90th percentile reaches $4,525. That spread shows how much assessed value and local tax rates can influence what a homeowner owes.
Compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400, property taxes in Phelps County can be either modest or significantly higher, depending on the home.
Median Phelps County Tax Bill
$1,620
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Phelps County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Atlanta | $50 | $142 | $308 | $831 | $1,210 |
| Axtell | $1,399 | $1,986 | $3,340 | $8,705 | $11,308 |
| Bertrand | $549 | $1,047 | $1,859 | $3,111 | $4,991 |
| Elm Creek | $1,190 | $1,841 | $3,258 | $7,075 | $10,404 |
| Funk | $211 | $717 | $1,666 | $2,956 | $7,348 |
| Holdrege | $304 | $813 | $1,593 | $2,586 | $4,161 |
| Kearney | $2,018 | $2,902 | $3,523 | $4,320 | $19,267 |
| Loomis | $368 | $711 | $1,376 | $2,378 | $5,794 |
| Overton | $816 | $1,431 | $2,695 | $6,180 | $8,861 |
| Wilcox | $991 | $1,376 | $2,032 | $3,170 | $7,418 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Phelps Tax Assessor | |
| Website | www.nebraskaassessorsonline.us |