Sheridan County, Nebraska Property Taxes
Median Sheridan County effective property tax rate: 1.78%, significantly higher than the national median of 1.02%.
Median Sheridan County home value: $70,524
Median annual Sheridan County tax bill: $1,197, $1,203 lower than the national median property tax bill of $2,400.
How are property taxes in Sheridan County calculated?
Property taxes in Sheridan 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 Rushville or another part of Sheridan County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sheridan County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.78%
Estimate Property Tax Bill
$1,255
$1,165
Property Tax Rates Across Sheridan County, Nebraska
Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their 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.
Sheridan County's effective property tax rate is 1.78%, which is significantly higher than the national median property tax rate of 1.02%. Within Nebraska, Sheridan County's tax rate is relatively high compared to other counties. For example, Gordon has the highest median tax rate in the county at 1.91%, while Ellsworth boasts the lowest at 0.89%. These variations highlight the differences in local budgeting needs and property values. Understanding these differences can help property owners make informed decisions about their investments and potential tax liabilities. By comparing Sheridan County's rate to the national median, property owners can gain a clearer picture of how their tax obligations measure up.
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 Sheridan County Tax Rate
1.78%
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 Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sheridan County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alliance | 1.31% | 1.35% | 1.52% | 1.53% | 1.54% |
| Bingham | 0.89% | 0.90% | 0.91% | 0.91% | 0.91% |
| Chadron | 1.27% | 1.32% | 1.40% | 1.42% | 1.44% |
| Ellsworth | 0.88% | 0.88% | 0.89% | 1.32% | 1.41% |
| Gordon | 1.39% | 1.41% | 1.91% | 1.91% | 1.91% |
| Hay Springs | 1.32% | 1.40% | 1.78% | 1.87% | 1.87% |
| Lakeside | 1.23% | 1.33% | 1.35% | 1.41% | 1.52% |
| Rushville | 1.32% | 1.33% | 1.78% | 1.78% | 1.78% |
| Whiteclay | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Sheridan County, Nebraska
When examining property taxes in Sheridan 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 Sheridan 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 Sheridan 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 Sheridan County.
For example, the median tax bill in Sheridan County is $2,297, with tax bills ranging significantly across the county. Alliance has the highest median home price at $271,440.
Property Tax Assessment Values Across Sheridan County, Nebraska
Source: Ownwell
$47,372
$159,406
$271,440
Median Sheridan County Market Value
$70,524
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sheridan County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alliance | $97,219 | $169,013 | $271,440 | $328,702 | $531,667 |
| Bingham | $5,025 | $23,394 | $47,372 | $189,990 | $338,760 |
| Chadron | $59,265 | $109,973 | $178,771 | $311,336 | $372,273 |
| Ellsworth | $44,384 | $89,205 | $226,884 | $327,557 | $450,465 |
| Gordon | $22,636 | $41,218 | $67,668 | $115,010 | $220,949 |
| Hay Springs | $15,355 | $37,038 | $70,370 | $160,986 | $325,325 |
| Lakeside | $5,652 | $65,082 | $183,323 | $294,356 | $486,112 |
| Rushville | $15,003 | $37,525 | $62,574 | $112,860 | $229,713 |
| Whiteclay | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Sheridan County, Nebraska
Median Sheridan County Tax Bill
$1,197
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Sheridan County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alliance | $1,170 | $2,378 | $3,554 | $4,982 | $8,159 |
| Bingham | $45 | $198 | $457 | $1,934 | $3,020 |
| Chadron | $1,074 | $1,518 | $2,411 | $3,743 | $5,130 |
| Ellsworth | $396 | $812 | $2,351 | $3,482 | $5,025 |
| Gordon | $294 | $685 | $1,162 | $1,986 | $3,266 |
| Hay Springs | $183 | $628 | $1,222 | $2,444 | $4,525 |
| Lakeside | $78 | $877 | $1,781 | $4,102 | $6,728 |
| Rushville | $188 | $612 | $1,041 | $1,670 | $3,227 |
| Whiteclay | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell