Bertrand, Phelps County, Nebraska Property Taxes

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

Median Bertrand, NE effective property tax rate: 2.14%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Bertrand, NE home value: $109,770
Median annual Bertrand, NE tax bill: $1,984, $416 lower than the national median property tax bill of $2,400.

How are property taxes in Phelps calculated?

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

Last Updated March 1, 2025

Bertrand, Phelps County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.14%

Estimate Property Tax Bill

$2,349

$2,180

Ownwell’s Bertrand Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bertrand with just two data points.

By entering your property's estimated assessed value, our calculator applies Bertrand’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 Phelps County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bertrand, Phelps County, Nebraska

Local government entities determine property tax rates, leading to significant variations within a state. This occurs because each county annually estimates its budgetary needs for public services and divides that by the total value of all taxable property within its area, resulting in the property tax rate. Although setting these rates involves voting and legal considerations, this process is the essence of how it's done each year.

For instance, Bertrand in Phelps County, Nebraska, has an effective property tax rate that can be compared to other cities in the state. The median property tax rate in Nebraska is notably higher than the national median rate of 1.02%, highlighting the diversity in tax burdens across different regions. Such comparisons underscore the importance of understanding local property tax dynamics. By exploring these rates, property owners can better navigate the complexities of property taxation and potentially identify opportunities for tax appeals or exemptions. Understanding these nuances can lead to significant savings and a more informed approach to property ownership.

Property Tax Rates Across Bertrand, Phelps County, Nebraska

Source: Ownwell

1.05%

1.59%

2.14%

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 Bertrand Tax Rate

2.14%

Median Effective Phelps County Tax Rate

1.69%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bertrand, Phelps County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68927	1.12%	1.14%	2.14%	2.14%	2.14%

Source: Ownwell

Property Tax Assessment Values Across Bertrand, Phelps County, Nebraska

When examining property taxes in Bertrand, 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 Phelps 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.

In Phelps 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 Bertrand. For example, the median home price in Bertrand is $109,770, with tax bills ranging significantly across the county. Zip code 68927 has the highest median home price at $109,770.

Property Tax Assessment Values Across Bertrand, Phelps County, Nebraska

Source: Ownwell

$35,475

$193,602

$351,729

Median Bertrand Market Value

$109,770

Median Phelps County Market Value

$118,096

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bertrand, Phelps County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68927	$27,776	$58,665	$109,770	$192,763	$542,619

Source: Ownwell

Property Tax Bills Across Bertrand, Phelps County, Nebraska

Property tax bills in Bertrand, located in Phelps County, NE, are calculated based on the assessed value of a property, which is determined by local assessors. The median home price in Bertrand is $109,770, and property tax rates are applied to this assessed value to determine the tax bill. In Bertrand, the property tax bill at the 25th percentile is $1,149, while it rises to $3,413 at the 75th percentile, and reaches $6,611 at the 90th percentile. The median property tax bill in the area is $1,984, which is below the national median of $2,400. Factors such as property location, size, and market conditions influence the assessed value, and consequently, the tax bill. For homeowners in Bertrand, this means that understanding and potentially contesting their property's assessed value could lead to significant savings. Ownwell offers expert property tax appeal services, helping homeowners navigate the complexities of property tax assessments to ensure they are not overpaying, ultimately saving them money on their annual tax bills.

Property Tax Bills Across Bertrand, Phelps County, Nebraska

Source: Ownwell

$414

$2,623

$4,831

Median Bertrand Tax Bill

$1,984

Median Phelps County Tax Bill

$1,908

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Bertrand, Phelps County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68927	$569	$1,149	$1,984	$3,413	$6,611

Source: Ownwell