Richardson County, Nebraska Property Taxes

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

Median Richardson County effective property tax rate: 1.91%, significantly higher than the national median of 1.02%.
Median Richardson County home value: $51,575
Median annual Richardson County tax bill: $905, $1,495 lower than the national median property tax bill of $2,400.

How are property taxes in Richardson County calculated?

Property taxes in Richardson 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.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Falls City or another part of Richardson County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Richardson County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.91%

Estimate Property Tax Bill

$985

$914

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

Property Tax Rates Across Richardson County, Nebraska

Local government entities set tax rates, which can vary widely within a state. 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 Richardson County's effective property tax rate to other counties in Nebraska or the U.S. median property tax rate. Richardson County has a median property tax rate of 1.91%, which is significantly higher than the national median of 1.02%. Within Nebraska, it is interesting to note that Verdon has the highest median tax rate at 2.03%, while Du Bois has the lowest at 1.16%. Such variations underscore the importance of understanding local tax dynamics, as they can have a substantial impact on property owners' financial obligations.

Property Tax Rates Across Richardson County, Nebraska

Source: Ownwell

1.16%

1.59%

2.03%

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 Richardson County Tax Rate

1.91%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Richardson County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Dawson	1.14%	1.16%	1.45%	1.51%	1.51%
Du Bois	1.14%	1.14%	1.16%	1.21%	1.37%
Falls City	1.45%	1.92%	1.92%	1.92%	1.92%
Humboldt	1.14%	1.16%	1.88%	1.88%	1.88%
Rulo	1.44%	1.46%	1.91%	1.91%	1.91%
Salem	1.44%	1.46%	1.91%	1.91%	1.91%
Shubert	1.16%	1.47%	1.56%	1.56%	1.56%
Stella	1.14%	1.16%	1.54%	1.54%	1.54%
Verdon	1.19%	1.47%	2.03%	2.03%	2.03%

Source: Ownwell

Property Tax Assessment Values Across Richardson County, Nebraska

When examining property taxes in Richardson 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 Richardson 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. Assessment notices: In Richardson 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 Richardson County. For example, the median tax bill in Richardson County is $1,201, with tax bills ranging significantly across the county. Du Bois has the highest median home price at $293,566.

Property Tax Assessment Values Across Richardson County, Nebraska

Source: Ownwell

$27,421

$160,494

$293,566

Median Richardson County Market Value

$51,575

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Richardson County, Nebraska

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Dawson	$5,992	$19,297	$51,284	$156,811	$394,691
Du Bois	$42,091	$107,620	$293,566	$414,338	$441,467
Falls City	$12,742	$28,290	$56,105	$107,940	$224,166
Humboldt	$7,196	$16,636	$42,598	$122,978	$359,658
Rulo	$4,118	$15,225	$42,975	$125,188	$328,344
Salem	$3,359	$6,004	$27,421	$130,261	$328,942
Shubert	$6,085	$12,804	$30,758	$85,488	$262,702
Stella	$4,936	$17,690	$43,110	$197,228	$410,245
Verdon	$8,010	$16,438	$48,444	$162,494	$357,217

Source: Ownwell

Property Tax Bills Across Richardson County, Nebraska

In Richardson County, NE, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, property size, and condition. Homeowners in Richardson County face a median property tax bill of $1,763, which is below the national median of $2,400. This suggests that property taxes in the area are relatively affordable compared to other regions. However, the tax burden can vary significantly within the county. For instance, in Du Bois, the highest median tax bill stands at $3,733, while Salem has the lowest at $427. These variations highlight the impact of local property values and tax rates on homeowners' financial obligations. With tax bills ranging from $358 at the 25th percentile to $4,349 at the 90th percentile, homeowners need to consider their property's assessed value and the local tax rate to understand their potential tax liability.

Property Tax Bills Across Richardson County, Nebraska

Source: Ownwell

$427

$2,080

$3,733

Median Richardson County Tax Bill

$905

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Richardson County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Dawson	$83	$280	$660	$1,936	$4,710
Du Bois	$487	$1,233	$3,733	$4,940	$5,976
Falls City	$215	$484	$1,036	$2,033	$3,889
Humboldt	$126	$276	$727	$1,863	$4,313
Rulo	$78	$241	$720	$2,068	$5,272
Salem	$57	$108	$427	$1,995	$4,658
Shubert	$81	$179	$440	$1,280	$3,782
Stella	$72	$259	$717	$2,466	$5,127
Verdon	$156	$319	$875	$2,684	$6,467

Source: Ownwell