Verdon, Richardson County, Nebraska Property Taxes

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

Median VERDON, NE effective property tax rate: 2.03%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median VERDON, NE home value: $48,444
Median annual VERDON, NE tax bill: $875, $1,525 lower than the national median property tax bill of $2,400.

How are property taxes in Richardson calculated?

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

Last Updated March 1, 2025

Verdon, Richardson County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.29%

Estimate Property Tax Bill

$693

$644

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

Property Tax Rates Across Verdon, Richardson County, Nebraska

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate the budget needed to provide essential services and divide that by the total value of all taxable property in their jurisdiction. This process results in the property tax rate. While the setting of tax rates and budgets involves votes and laws, this is essentially how the annual process works. In VERDON, located in Richardson County, Nebraska, the effective property tax rate stands out when compared to other cities in Nebraska. With the median property tax rate in Nebraska at 2.03%, VERDON's rate is notably higher than the national median property tax rate of 1.02%. This means homeowners in VERDON may pay more in property taxes compared to many other places across the country. Understanding these rates is crucial for homeowners looking to manage their property tax bills effectively. By appealing property taxes or exploring exemptions, residents can potentially reduce their financial burden and ensure they're not overpaying.

Property Tax Rates Across Verdon, Richardson County, Nebraska

Source: Ownwell

0.72%

1.01%

1.29%

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 Verdon Tax Rate

1.29%

Median Effective Richardson County Tax Rate

1.17%

Median Effective Nebraska Tax Rate

1.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Verdon, Richardson County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68457	0.74%	0.79%	1.29%	1.29%	1.29%

Source: Ownwell

Property Tax Assessment Values Across Verdon, Richardson County, Nebraska

When examining property taxes in Verdon, 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 Richardson 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 Richardson 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 Verdon.

For example, the median home price in Verdon is $48,444, with tax bills ranging significantly across the county. Zip code 68457 has the highest median home price at $48,444.

Property Tax Assessment Values Across Verdon, Richardson County, Nebraska

Source: Ownwell

$35,598

$198,314

$361,029

Median Verdon Market Value

$53,756

Median Richardson County Market Value

$63,420

Median Nebraska Market Value

$199,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Verdon, Richardson County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68457	$12,491	$20,909	$53,756	$201,340	$410,524

Source: Ownwell

Property Tax Bills Across Verdon, Richardson County, Nebraska

In Verdon, part of Richardson 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. For homeowners in Verdon, the tax bill can vary significantly, with the 25th percentile at $319 and the 90th percentile reaching $6,467. These variations are influenced by factors such as property size, location, and improvements, which can affect the assessed value. The median home price in Verdon is $48,444, and the median tax bill in the area is $875, which is below the national median of $2,400. This lower tax burden can be beneficial for homeowners, but there is still potential for savings. Ownwell can assist homeowners by identifying opportunities for property tax appeals and exemptions, potentially reducing their tax bills. By leveraging local expertise and understanding of tax regulations, Ownwell helps homeowners ensure they are not overpaying on their property taxes.

Property Tax Bills Across Verdon, Richardson County, Nebraska

Source: Ownwell

$367

$1,650

$2,932

Median Verdon Tax Bill

$609

Median Richardson County Tax Bill

$712

Median Nebraska Tax Bill

$2,896

Median United States Tax Bill

$2,400

Property Tax Bills Across Verdon, Richardson County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68457	$144	$262	$609	$1,803	$4,141

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	June 30

Links
Richardson Tax Assessor
Website	nebraskaassessorsonline.us