Pierce, Wayne County, Nebraska Property Taxes

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

Median Pierce, NE effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Pierce, NE home value: $260,070
Median annual Pierce, NE tax bill: $3,559, $1,159 higher than the national median property tax bill of $2,400.

How are property taxes in Wayne calculated?

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

Last Updated March 1, 2025

Pierce, Wayne County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.7%

Estimate Property Tax Bill

$2,170

$2,014

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

Property Tax Rates Across Pierce, Wayne County, Nebraska

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Pierce's effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S. In Pierce, located in Wayne County, the property tax rate stands at 1.19%, which is above the national median of 1.02%. This indicates that homeowners in Pierce may face higher property tax bills compared to many other parts of the country. However, understanding how these rates are determined can help property owners navigate potential appeals or exemptions. By comparing these rates, homeowners can better assess their property tax situation and explore opportunities for savings.

Property Tax Rates Across Pierce, Wayne County, Nebraska

Source: Ownwell

0.44%

0.85%

1.27%

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 Pierce Tax Rate

0.70%

Median Effective Wayne County Tax Rate

1.25%

Median Effective Nebraska Tax Rate

1.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Pierce, Wayne County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68767	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Pierce, Wayne County, Nebraska

When examining property taxes in Pierce, 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 Wayne 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.

In Wayne County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Pierce.

For example, the median home price in Pierce is $260,070, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Pierce, Wayne County, Nebraska

Source: Ownwell

$141,165

$311,130

$481,095

Median Pierce Market Value

$309,975

Median Wayne County Market Value

$178,500

Median Nebraska Market Value

$199,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Pierce, Wayne County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68767	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Pierce, Wayne County, Nebraska

In Pierce, located in Wayne County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This value is then multiplied by the local tax rate to determine the annual property tax bill. For example, with a median home price of $260,070, homeowners can expect to pay a tax bill that varies significantly, with the 25th percentile at $2,897 and the 75th percentile reaching $6,849. This variation highlights the impact of different factors such as property location, improvements, and local tax levies. Homeowners in Pierce face property tax bills that can be considerably higher than the national median tax bill of $2,400, underscoring the importance of ensuring assessments are accurate. Ownwell assists homeowners by providing expert property tax appeal services, helping to identify potential savings, and ensuring that property assessments are fair and equitable. This can lead to significant reductions in tax bills, offering peace of mind and financial relief.

Property Tax Bills Across Pierce, Wayne County, Nebraska

Source: Ownwell

$1,610

$2,634

$3,658

Median Pierce Tax Bill

$2,429

Median Wayne County Tax Bill

$2,051

Median Nebraska Tax Bill

$2,896

Median United States Tax Bill

$2,400

Property Tax Bills Across Pierce, Wayne County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68767	N/A	N/A	N/A	N/A	N/A

Source: Ownwell