Rockville, Sherman County, Nebraska Property Taxes
Median Rockville, NE effective property tax rate: 1.37%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Rockville, NE home value: $76,820
Median annual Rockville, NE tax bill: $1,190, $1,210 lower than the national median property tax bill of $2,400.
How are property taxes in Sherman County calculated?
Property taxes in Rockville, 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 Rockville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rockville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rockville, Sherman County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.95%
Estimate Property Tax Bill
$723
$671
Property Tax Rates Across Rockville, Sherman County, Nebraska
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation arises because each county estimates its required budget annually to provide services and then divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially how the process works each year.
In Rockville, located in Sherman County, Nebraska, the effective property tax rate can be compared to other cities in the state and the national median. Nebraska's median property tax rate stands at 1.37%, which is higher than the national median of 1.02%. This indicates that property owners in Nebraska, including those in Rockville, generally face higher property tax rates compared to the national average. Understanding these rates is crucial for property owners seeking to manage their tax liabilities effectively. By being informed, property owners can explore potential avenues for appealing their property tax assessments or seeking exemptions, ultimately leading to potential savings.
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 Rockville Tax Rate
0.95%
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%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rockville, Sherman County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68871 | 0.70% | 0.70% | 0.95% | 0.99% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Rockville, Sherman County, Nebraska
Property Tax Assessment Values Across Rockville, Sherman County, Nebraska
Source: Ownwell
$76,125
$252,773
$429,420
Median Rockville Market Value
$76,125
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 Rockville, Sherman County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68871 | $10,504 | $35,870 | $76,125 | $320,065 | $646,154 |
Source: Ownwell
Property Tax Bills Across Rockville, Sherman County, Nebraska
Median Rockville Tax Bill
$783
Median Sherman County Tax Bill
$1,174
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Rockville, Sherman County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68871 | $75 | $310 | $783 | $2,481 | $4,445 |
Source: Ownwell