Bassett, Rock County, Nebraska Property Taxes
Property Taxes in Bassett, Nebraska
Median Bassett, Nebraska effective property tax rate: 1.25%, significantly lower than the national median of 1.02%, and lower than the Nebraska state median of 1.39%.
Median Bassett, Nebraska home value: $84,915
Median annual Bassett, Nebraska tax bill: $938, lower than the national median property tax bill of $2,400.
How are property taxes in Rock calculated?
Property taxes in Bassett, 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 Bassett's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bassett, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Bassett, Rock County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.25%
Estimate Property Tax Bill
$1,061
$985
How Does the Bassett Property Tax Calculator Work?
Use this Bassett property tax calculator to estimate your annual property tax bill. Enter your property’s assessed value and the calculator applies Bassett’s median effective tax rate of 1.25% — based on actual property records in Rock County — to generate your estimate.
Enter your property’s estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home’s market value. The calculator applies Bassett’s median effective rate across local levies, giving a more accurate estimate than using a single county millage rate.
Bassett’s rate is lower than Nebraska’s 1.39% median tax rate, and the median property tax bill is $938, which is $1,462 lower than the state median bill. Within Bassett, the tax bill is the same across ZIP codes, with both the highest and lowest median bill at $938 in 68714.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Bassett.
About Bassett Property Taxes
About Property Taxes in Bassett, Rock, Nebraska
Bassett’s median effective property tax rate of 1.25% is lower than the Nebraska state median of 1.39% and higher than the national median of 1.02%. This rate reflects the Rock 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 Bassett. Homeowners in the 68714 ZIP code carry a median effective rate of 1.25%, while those in the same ZIP pay 1.25%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Rock County. Understanding which part of Bassett you live in can make a meaningful difference to your annual tax bill.
Bassett 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 Bassett, Rock 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 Bassett'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 Bassett Tax Rate
1.25%
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 Rock County Tax Rate
0.95%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bassett, Rock County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68714 | 0.77% | 0.79% | 1.25% | 1.27% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Bassett, Rock County, Nebraska
When examining property taxes in Bassett, 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 Rock 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.
Assessment notices:
In Rock 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. 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 Bassett.
For example, the median home price in Bassett is $84,915, with tax bills ranging significantly across the county. ZIP code 68714 has the highest median home price at $84,915.
Property Tax Assessment Values Across Bassett, Rock County, Nebraska
Source: Ownwell
$42,940
$129,108
$215,275
Median Bassett Market Value
$84,915
Median Rock County Market Value
$86,012
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bassett, Rock County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68714 | $6,975 | $33,910 | $84,915 | $181,225 | $354,323 |
Source: Ownwell
Property Tax Bills Across Bassett, Rock County, Nebraska
Property tax bills in Bassett are based on the assessed value of a home and the local tax rate set for Rock County. When a property is valued, that assessment is multiplied by the applicable tax rate to determine the bill, so homes with higher market values generally face larger property tax bills. Local budgets, school funding, and other public services also influence how much homeowners ultimately owe.
With a median home price of $84,915, Bassett’s property taxes are relatively modest compared with the national median property tax bill of $2,400 and national median property tax rate of 1.02%. The typical tax bill ranges from $356 at the 25th percentile to $1,683 at the 75th percentile, with the 90th percentile reaching $2,932. The median tax bill in zip code 68714 is $938.
For homeowners, this means property taxes can be a meaningful part of annual housing costs, especially when assessments rise.
Median Bassett Tax Bill
$938
Median Rock County Tax Bill
$940
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Bassett, Rock County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68714 | $73 | $356 | $938 | $1,683 | $2,932 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Rock Tax Assessor | |
| Website | rock.gworks.com |