Rising City, Polk County, Nebraska Property Taxes
Property Taxes in Rising City, Nebraska
Median Rising City, Nebraska effective property tax rate: 0.66%, significantly lower than the national median of 1.02%, and lower than the Nebraska state median of 1.39%.
Median Rising City, Nebraska home value: $193,242
Median annual Rising City, Nebraska tax bill: $1,289, $1,111 lower than the national median property tax bill of $2,400.
How are property taxes in Polk calculated?
Property taxes in Rising City, Nebraska 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 Rising City's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rising City, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Rising City, Polk County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.66%
Estimate Property Tax Bill
$1,275
$1,184
How Does the Rising City Property Tax Calculator Work?
Use this Rising City property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Rising City's median effective tax rate of 0.66% — based on actual property records in Polk County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Rising City's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Rising City: rates range by local taxing districts, primarily due to differences in school district levies and other local assessments.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Rising City.
About Rising City Property Taxes
About Property Taxes in Rising City, Polk, Nebraska
Rising City’s median effective property tax rate of 0.66% is lower than the Nebraska state median of 1.39% and lower than the national median of 1.02%. This rate reflects the Polk County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Rising City. Homeowners in the highest ZIP code carry a median effective rate of 0.66%, while those in the lowest ZIP code pay 0.66%. This spread reflects how school district boundaries and local assessment districts are drawn across Polk County. Understanding which part of Rising City you live in can make a meaningful difference to your annual tax bill.
Rising City homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 30, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Rising City, Polk 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 Rising City’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.
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 Rising City Tax Rate
0.66%
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 Polk County Tax Rate
0.97%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rising City, Polk County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68658 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Rising City, Polk County, Nebraska
When examining property taxes in Rising City, 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 Polk 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:
In Polk County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of June.
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 home price in Rising City is $193,242, while the median tax bill is $1,289. That is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Rising City, Polk County, Nebraska
Source: Ownwell
$89,448
$303,482
$517,515
Median Rising City Market Value
$193,242
Median Polk County Market Value
$151,595
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rising City, Polk County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68658 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Rising City, Polk County, Nebraska
Property tax bills in Rising City are based on the assessed value of a home and the local tax rate set for Polk County. When a property’s market value changes, the assessed value can change too, which affects the final bill. For homeowners, that means a higher assessed value usually leads to a larger property tax bill, while a lower assessed value can reduce it.
In Rising City, the median home price is $193,242, and property tax bills vary across homeowners depending on how their homes are valued and how local rates are applied. The 25th percentile tax bill is $891, the 75th percentile is $1,604, and the 90th percentile is $1,694. Compared with the national median property tax bill of $2,400, many homeowners in Rising City pay less than the national median, though individual bills still depend on the property’s assessed value and the local tax structure.
Median Rising City Tax Bill
$1,289
Median Polk County Tax Bill
$1,416
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Rising City, Polk County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68658 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Polk Tax Assessor | |
| Website | polk.gworks.com |