Hebron, Thayer County, Nebraska Property Taxes

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

Median Hebron, NE effective property tax rate: 1.44%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Hebron, NE home value: $106,890
Median annual Hebron, NE tax bill: $1,443, $957 lower than the national median property tax bill of $2,400.

How are property taxes in Thayer County calculated?

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

Last Updated March 1, 2025

Hebron, Thayer County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.44%

Estimate Property Tax Bill

$1,539

$1,428

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

Property Tax Rates Across Hebron, Thayer County, Nebraska

Local government entities determine tax rates, which can significantly differ within a state. This variance occurs because each county annually calculates its budgetary needs for public services and divides that by the total assessed value of all taxable properties in its area. This process determines the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is the basic yearly procedure.

In Hebron, located in Thayer County, the effective property tax rate stands at 1.44%, which is higher than the national median rate of 1.02%. This percentage reflects the county's approach to balancing its budgetary requirements with the value of properties within its jurisdiction. When compared to other cities in Nebraska and the national average, Hebron's rate is notably higher, indicating a more significant financial commitment to local services. Understanding these differences can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Hebron, Thayer County, Nebraska

Source: Ownwell

0.96%

1.22%

1.48%

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 Hebron Tax Rate

1.44%

Median Effective Thayer County Tax Rate

1.32%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hebron, Thayer County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68370	0.93%	0.94%	1.44%	1.44%	1.44%

Source: Ownwell

Property Tax Assessment Values Across Hebron, Thayer County, Nebraska

When examining property taxes in Hebron, 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 Thayer County Assessor's Office 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 Thayer 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 Hebron.

For example, the median home price in Hebron is $106,890, with tax bills ranging significantly across the county. Zip code 68370 has the highest median home price at $106,890.

Property Tax Assessment Values Across Hebron, Thayer County, Nebraska

Source: Ownwell

$27,136

$88,825

$150,514

Median Hebron Market Value

$106,890

Median Thayer County Market Value

$73,318

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hebron, Thayer County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68370	$24,504	$51,406	$106,890	$199,431	$409,777

Source: Ownwell

Property Tax Bills Across Hebron, Thayer County, Nebraska

In Hebron, located in Thayer County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Hebron is $106,890, and the property tax bill can vary significantly. For example, at the 25th percentile, homeowners might pay around $714, while at the 75th percentile, the bill could rise to $2,579. The highest median tax bill in the area is $1,443, which is relatively lower than the national median property tax bill of $2,400. Factors influencing these tax bills include the home's assessed value and the local tax rate. For homeowners, these taxes represent a significant expense. However, Ownwell can help by offering property tax appeal and exemption services. By analyzing your property's assessed value and comparing it with similar properties, Ownwell can identify potential savings and assist in reducing your tax burden, ensuring you don't pay more than necessary.

Property Tax Bills Across Hebron, Thayer County, Nebraska

Source: Ownwell

$269

$856

$1,443

Median Hebron Tax Bill

$1,443

Median Thayer County Tax Bill

$919

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Hebron, Thayer County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68370	$324	$714	$1,443	$2,579	$4,120

Source: Ownwell