Raymond, Seward County, Nebraska Property Taxes
Median Raymond, NE effective property tax rate: 1.31%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Raymond, NE home value: $396,338
Median annual Raymond, NE tax bill: $5,466, $3,066 higher than the national median property tax bill of $2,400.
How are property taxes in Seward calculated?
Property taxes in Raymond, 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 Raymond’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Raymond, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Raymond, Seward County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.31%
Estimate Property Tax Bill
$5,192
$4,818
Property Tax Rates Across Raymond, Seward County, Nebraska
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services annually 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, this is the annual process in a nutshell.
Below, you can compare Raymond’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S. Raymond, located in Seward County, has a property tax rate that aligns with Nebraska's median rate. Nebraska's median property tax rate is notably higher than the national median of 1.02%, making it essential for property owners in Raymond to be aware of their tax liabilities. Understanding these rates can help property owners make informed decisions and potentially save money through appeals or exemptions. By staying informed and proactive, residents of Raymond can better navigate the complexities of property taxes and ensure they are not overpaying.
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 Raymond Tax Rate
1.31%
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 Seward County Tax Rate
1.59%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Raymond, Seward County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68428 | 1.31% | 1.31% | 1.31% | 1.49% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Raymond, Seward County, Nebraska
When examining property taxes in Raymond, 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 Seward 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.
In Seward 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 Raymond. For example, the median home price in Raymond is $396,338, with tax bills ranging significantly across the county. Zip code 68428 has the highest median home price at $396,338.
Property Tax Assessment Values Across Raymond, Seward County, Nebraska
Source: Ownwell
$70,780
$233,559
$396,338
Median Raymond Market Value
$396,338
Median Seward County Market Value
$185,126
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Raymond, Seward County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68428 | $299,000 | $330,461 | $396,338 | $500,035 | $552,844 |
Source: Ownwell
Property Tax Bills Across Raymond, Seward County, Nebraska
Median Raymond Tax Bill
$5,466
Median Seward County Tax Bill
$2,810
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Raymond, Seward County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68428 | $4,224 | $4,785 | $5,466 | $6,723 | $7,279 |
Source: Ownwell