Chadron, Sheridan County, Nebraska Property Taxes

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

Median Chadron, NE effective property tax rate: 1.40%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Chadron, NE home value: $178,771
Median annual Chadron, NE tax bill: $2,411, $11 higher than the national median property tax bill of $2,400.

How are property taxes in Sheridan County calculated?

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

Last Updated March 1, 2025

Chadron, Sheridan County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.8%

Estimate Property Tax Bill

$2,248

$2,086

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

Property Tax Rates Across Chadron, Sheridan County, Nebraska

Local government entities set tax rates, which can vary widely within a state. This is 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, resulting 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.

In Chadron, located in Sheridan County, the property tax rate is a significant consideration for homeowners. The effective property tax rate in Chadron stands at 1.40%, which aligns with the highest and lowest rates in the state. This rate is notably higher than the national median property tax rate of 1.02%. Consequently, Chadron's property tax bill may be higher than the national median of $2,400.

Understanding these figures is crucial for homeowners looking to manage their property expenses effectively. By appealing property assessments or seeking exemptions, property owners in Chadron can potentially reduce their tax liabilities. This makes it essential for homeowners to stay informed and proactive about their property tax situation.

Property Tax Rates Across Chadron, Sheridan County, Nebraska

Source: Ownwell

0.53%

0.88%

1.23%

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 Chadron Tax Rate

0.80%

Median Effective Sheridan County Tax Rate

1.01%

Median Effective Nebraska Tax Rate

1.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Chadron, Sheridan County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
69337	0.62%	0.74%	0.80%	0.92%	0.94%

Source: Ownwell

Property Tax Assessment Values Across Chadron, Sheridan County, Nebraska

When examining property taxes in Chadron, 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 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 Chadron.

For example, the median home price in Chadron is $178,771, with tax bills ranging significantly across the county. Zip code 69337 has the highest median home price at $178,771.

Property Tax Assessment Values Across Chadron, Sheridan County, Nebraska

Source: Ownwell

$77,592

$227,441

$377,290

Median Chadron Market Value

$281,017

Median Sheridan County Market Value

$94,563

Median Nebraska Market Value

$199,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Chadron, Sheridan County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
69337	$124,618	$168,192	$281,017	$448,164	$669,789

Source: Ownwell

Property Tax Bills Across Chadron, Sheridan County, Nebraska

In Chadron, located in Sheridan County, NE, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value, determined by the county assessor. Factors such as property size, location, and improvements can influence this assessed value. Homeowners in Chadron experience a range of property tax bills, with those at the 25th percentile paying around $1,518 and those at the 75th percentile facing bills up to $3,743. Notably, the highest median tax bill in the area is $2,411, aligning closely with the national median of $2,400. This can place a significant financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%. Ownwell provides a valuable service by helping homeowners appeal their property tax assessments, potentially lowering their tax bills. By leveraging expertise and local data, Ownwell can identify discrepancies in assessments, ensuring homeowners pay only their fair share.

Property Tax Bills Across Chadron, Sheridan County, Nebraska

Source: Ownwell

$301

$1,714

$3,127

Median Chadron Tax Bill

$1,874

Median Sheridan County Tax Bill

$1,020

Median Nebraska Tax Bill

$2,896

Median United States Tax Bill

$2,400

Property Tax Bills Across Chadron, Sheridan County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
69337	$959	$1,316	$1,874	$3,377	$5,946

Source: Ownwell