Valley County, Nebraska Property Taxes
Property Taxes in Valley County, Nebraska
Median Valley County effective property tax rate: 1.39%, significantly higher than the national median of 1.02%.
Median Valley County home value: $118,540
Median annual Valley County tax bill: $1,510, lower than the national median property tax bill of $2,400.
How are property taxes in Valley County calculated?
Property taxes in Valley 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 Valley County or another part of Valley County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Valley County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.39%
Estimate Property Tax Bill
$1,648
$1,529
How Does the Valley County Property Tax Calculator Work?
Use this Valley County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Valley County's median effective tax rate of 1.39% 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. Valley County's median tax rate is higher than the Nebraska state median tax rate of 1.39%, while the median property tax bill of $1,510 is $890 lower than the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Valley County.
Property Tax Rates Across Valley County, Nebraska
What Are Effective Property Tax Rates Across Valley County?
Local government entities set tax rates, which vary widely across Valley 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 Valley County's effective property tax rate to other counties in Nebraska or the U.S. median of 1.02%.
Valley County's median effective rate stands at 1.39%, which is higher than the national median of 1.02%. Within Valley County, the highest rate is found in NORTH LOUP at 1.83%, while COMSTOCK has the lowest at 0.88%.
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 Valley County Tax Rate
1.39%
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 Valley County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arcadia | 1.05% | 1.10% | 1.71% | 1.71% | 1.71% |
| Burwell | 0.61% | 0.87% | 0.88% | 0.92% | 0.92% |
| Comstock | 0.75% | 0.86% | 0.88% | 0.89% | 0.90% |
| Elyria | 0.87% | 0.88% | 1.36% | 1.37% | 1.37% |
| North Loup | 0.87% | 0.89% | 1.83% | 1.83% | 1.83% |
| Ord | 0.87% | 0.91% | 1.40% | 1.42% | 1.43% |
| Ericson | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Valley County, Nebraska
When examining property taxes in Valley 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 Valley 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 Valley 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 Valley County.
For example, the median tax bill in Valley County is $1,510, compared with the national median property tax bill of $2,400. Tax bills range significantly across the county, from $947 in North Loup to $2,894 in Comstock. Comstock also has the highest median home price at $367,800.
Median Valley County Market Value
$118,540
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Valley County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arcadia | $22,223 | $38,560 | $80,760 | $215,230 | $562,153 |
| Burwell | $94,830 | $164,240 | $292,900 | $581,405 | $708,054 |
| Comstock | $150,082 | $237,020 | $367,800 | $651,401 | $724,247 |
| Elyria | $27,196 | $62,360 | $134,645 | $389,881 | $692,157 |
| North Loup | $12,575 | $26,085 | $63,270 | $202,758 | $653,350 |
| Ord | $34,174 | $70,480 | $127,155 | $222,872 | $428,342 |
| Ericson | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Valley County, Nebraska
Property tax bills in Valley County are based on the assessed value of a home, not its market price alone. Local taxing authorities apply the county’s tax rate to that assessed value to determine the annual bill, so homes with higher assessed values generally face larger tax bills. Factors such as location, property characteristics, and local levy rates all influence the final amount homeowners owe.
With a median home price of $118,540, many homeowners in the county see bills that vary widely depending on where they live and how their property is assessed. The 25th percentile tax bill is $711, while the 75th percentile is $2,878, and the 90th percentile reaches $5,216. That spread shows how much tax burdens can differ from one property to another.
For homeowners, property taxes can significantly affect monthly housing costs and long-term affordability. In places like Comstock, the highest median tax bill is $2,894, while North Loup has the lowest median tax bill at $947.
Median Valley County Tax Bill
$1,510
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Valley County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arcadia | $300 | $621 | $1,331 | $2,937 | $6,214 |
| Burwell | $422 | $1,015 | $2,619 | $5,267 | $6,097 |
| Comstock | $1,327 | $2,197 | $2,894 | $5,760 | $6,275 |
| Elyria | $363 | $702 | $1,535 | $4,032 | $6,262 |
| North Loup | $189 | $381 | $947 | $2,392 | $5,926 |
| Ord | $304 | $835 | $1,646 | $2,828 | $4,671 |
| Ericson | 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 | |
|---|---|
| Valley Tax Assessor | |
| Website | valley.gworks.com |