Emerson, Thurston County, Nebraska Property Taxes

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

Median Emerson, NE effective property tax rate: 1.71%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Emerson, NE home value: $61,640
Median annual Emerson, NE tax bill: $1,000, $1,400 lower than the national median property tax bill of $2,400.

How are property taxes in Thurston County calculated?

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

Last Updated March 1, 2025

Emerson, Thurston County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.1%

Estimate Property Tax Bill

$896

$832

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

Property Tax Rates Across Emerson, Thurston County, Nebraska

Local government entities determine tax rates, which can significantly differ within a state. This variance is due to each county annually estimating its budget needs for services and dividing this by the total value of all taxable property in its area, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the basic process followed each year. In Emerson, located in Thurston County, Nebraska, the effective property tax rate is an important consideration for property owners. Compared to the national median property tax rate of 1.02%, Nebraska's median tax rate stands at 1.71%. This rate is consistent across Thurston County, including Emerson, where property owners experience the same rate. The property tax rate in Emerson is significantly higher than the national median, reflecting local budgetary needs and property values. Understanding these rates can help property owners in Emerson make informed decisions about their investments and financial planning.

Property Tax Rates Across Emerson, Thurston County, Nebraska

Source: Ownwell

0.42%

1.41%

2.41%

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 Emerson Tax Rate

1.10%

Median Effective Thurston County Tax Rate

1.32%

Median Effective Nebraska Tax Rate

1.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Emerson, Thurston County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68733	0.74%	0.92%	1.10%	1.10%	1.10%

Source: Ownwell

Property Tax Assessment Values Across Emerson, Thurston County, Nebraska

When examining property taxes in Emerson, 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 Thurston County Appraisal District 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 Thurston 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 Emerson.

For example, the median home price in Emerson is $61,640, with tax bills ranging significantly across the county. Zip code 68733 has the highest median home price at $61,640.

Property Tax Assessment Values Across Emerson, Thurston County, Nebraska

Source: Ownwell

$21,918

$86,715

$151,512

Median Emerson Market Value

$81,470

Median Thurston County Market Value

$109,558

Median Nebraska Market Value

$199,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Emerson, Thurston County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68733	$33,732	$54,842	$81,470	$139,238	$404,884

Source: Ownwell

Property Tax Bills Across Emerson, Thurston County, Nebraska

In Emerson, located in Thurston County, NE, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in Emerson stands at $61,640, and with a property tax rate that aligns with the national median of 1.02%, homeowners here face a median property tax bill of around $1,000. This is considerably lower than the national median property tax bill of $2,400. Factors such as local government budgets, school funding, and public services influence the tax rate, impacting the final bill homeowners receive. For many, this financial obligation can be a significant burden. However, Ownwell offers a solution by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps homeowners in Emerson potentially reduce their tax bills, ensuring they pay only what is fair and necessary. This service not only alleviates financial stress but also empowers homeowners to better manage their property-related expenses.

Property Tax Bills Across Emerson, Thurston County, Nebraska

Source: Ownwell

$123

$1,143

$2,163

Median Emerson Tax Bill

$849

Median Thurston County Tax Bill

$1,338

Median Nebraska Tax Bill

$2,896

Median United States Tax Bill

$2,400

Property Tax Bills Across Emerson, Thurston County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68733	$370	$597	$849	$1,354	$4,072

Source: Ownwell