Sherman County, Nebraska Property Taxes
Property Taxes in Sherman County, Nebraska
Median Sherman County effective property tax rate: 0.86%, significantly lower than the national median of 1.02%.
Median Sherman County home value: $118,478
Median annual Sherman County tax bill: $1,174, $1,226 lower than the national median property tax bill of $2,400.
How are property taxes in Sherman County calculated?
Property taxes in Sherman 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 Sherman County or another part of Sherman County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Sherman County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.86%
Estimate Property Tax Bill
$1,019
$946
How Does the Sherman County Property Tax Calculator Work?
Use this Sherman County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Sherman County's median effective tax rate of 0.86% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Sherman County's median tax rate is lower than Nebraska's 1.39% state median tax rate, and the county's $1,174 median tax bill is $1,226 below the state median.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Sherman County.
Property Tax Rates Across Sherman County, Nebraska
What Are Effective Property Tax Rates Across Sherman County?
Local government entities set tax rates, which vary widely across Sherman County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Sherman County's effective property tax rate to other counties in Nebraska or the U.S. median of 1.02%.
Sherman County's median effective rate stands at 0.86%, which is lower than the national median of 1.02%. Within Sherman County, the highest rate is found in Ashton at 1.08%, while Ravenna has the lowest at 0.73%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Sherman County Tax Rate
0.86%
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
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sherman County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arcadia | 0.70% | 0.71% | 0.73% | 1.00% | 1.02% |
| Ashton | 0.70% | 0.73% | 1.08% | 1.08% | 1.08% |
| Hazard | 0.73% | 0.73% | 0.82% | 0.89% | 0.94% |
| Litchfield | 0.73% | 0.86% | 0.91% | 1.22% | 1.24% |
| Loup City | 0.71% | 0.71% | 0.73% | 1.40% | 1.42% |
| Ravenna | 0.72% | 0.73% | 0.73% | 0.75% | 0.78% |
| Rockville | 0.70% | 0.70% | 0.95% | 0.99% | 0.99% |
| Boelus | N/A | N/A | N/A | N/A | N/A |
| North Loup | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Sherman County, Nebraska
When examining property taxes in Sherman 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 Sherman 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 Sherman 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 Sherman County.
For example, the median tax bill in Sherman County is $1,174, which is below the national median property tax bill of $2,400. Tax bills range significantly across the county, with Arcadia at $3,253 and Rockville at $783. Arcadia also has the highest median home price at $429,420.
Property Tax Assessment Values Across Sherman County, Nebraska
Source: Ownwell
$76,125
$252,773
$429,420
Median Sherman County Market Value
$118,478
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sherman County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arcadia | $107,118 | $163,775 | $429,420 | $681,395 | $896,512 |
| Ashton | $17,456 | $36,820 | $77,955 | $331,915 | $690,151 |
| Hazard | $23,203 | $77,518 | $173,365 | $372,411 | $731,252 |
| Litchfield | $29,070 | $61,566 | $123,998 | $317,948 | $602,228 |
| Loup City | $36,414 | $62,150 | $112,940 | $194,855 | $373,422 |
| Ravenna | $118,014 | $169,800 | $311,875 | $492,411 | $768,345 |
| Rockville | $10,504 | $35,870 | $76,125 | $320,065 | $646,154 |
| Boelus | N/A | N/A | N/A | N/A | N/A |
| North Loup | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Sherman County, Nebraska
Property tax bills in Sherman County are based on the assessed value of a home and the local tax rate. When a property is valued, that assessed amount is multiplied by the applicable rate to determine the annual bill, so homes with higher market values generally face higher taxes. Local taxing authorities also play a role, which means the final bill can vary depending on where a homeowner lives within the county.
In Sherman County, the median home price is $118,478, and the property tax bill can differ widely from one home to another. The 25th percentile tax bill is $556, while the 75th percentile reaches $2,388, and the 90th percentile climbs to $4,568. That spread shows how assessment differences and local rates can affect homeowners in a meaningful way. Compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400, many homeowners in the county may see bills that are below or above the national norm depending on their property’s assessed value.
Median Sherman County Tax Bill
$1,174
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Sherman County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arcadia | $860 | $1,423 | $3,253 | $5,820 | $7,221 |
| Ashton | $157 | $376 | $830 | $2,592 | $5,090 |
| Hazard | $198 | $518 | $1,423 | $3,044 | $5,649 |
| Litchfield | $294 | $702 | $1,354 | $2,796 | $5,195 |
| Loup City | $311 | $604 | $1,094 | $2,058 | $3,402 |
| Ravenna | $836 | $1,333 | $2,224 | $3,690 | $6,124 |
| Rockville | $75 | $310 | $783 | $2,481 | $4,445 |
| Boelus | N/A | N/A | N/A | N/A | N/A |
| North Loup | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Sherman Tax Assessor | |
| Website | sherman.gworks.com |