Randolph, Wayne County, Nebraska Property Taxes
Property Taxes in Randolph, Nebraska
Median Randolph, Nebraska effective property tax rate: 0.44%, significantly lower than the national median of 1.02%, and lower than the Nebraska state median of 1.39%.
Median Randolph, Nebraska home value: $474,392
Median annual Randolph, Nebraska tax bill: $2,483, $83 higher than the national median property tax bill of $2,400.
How are property taxes in Wayne calculated?
Property taxes in Randolph, Nebraska 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 Randolph's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Randolph, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Randolph, Wayne County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.44%
Estimate Property Tax Bill
$2,087
$1,937
How Does the Randolph Property Tax Calculator Work?
Use this Randolph property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Randolph's median effective tax rate of 0.44% — based on actual property records in Wayne County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Randolph's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Randolph: rates range from 0.44% in 68771 to 0.44% in 68771, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Randolph.
About Randolph Property Taxes
About Property Taxes in Randolph, Wayne, Nebraska
Randolph’s median effective property tax rate of 0.44% is lower than the Nebraska state median of 1.39% and lower than the national median of 1.02%. This rate reflects the Wayne County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Randolph. Homeowners in the 68771 ZIP code carry a median effective rate of 0.44%, while those in the same ZIP code pay 0.44%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Wayne County. Understanding which part of Randolph you live in can make a meaningful difference to your annual tax bill.
Randolph homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 30, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Randolph, Wayne County, Nebraska
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Randolph's effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.
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 RandolphTax Rate
0.44%
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 WayneCounty Tax Rate
1.25%
Median Effective NebraskaTax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Randolph, Wayne County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68771 | 0.42% | 0.43% | 0.44% | 0.44% | 0.57% |
Source: Ownwell
Property Tax Assessment Values Across Randolph, Wayne County, Nebraska
When examining property taxes in Randolph, 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 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 Wayne County, assessment notices are sent in June 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. For context, the median home price in Randolph is $474,392, and the median tax bill is $2,483, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400. Tax bills range significantly across the county, and 68771 has the highest median home price at $474,392.
Property Tax Assessment Values Across Randolph, Wayne County, Nebraska
Source: Ownwell
$141,165
$311,130
$481,095
Median Randolph Market Value
$474,392
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 Randolph, Wayne County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68771 | $68,052 | $182,515 | $474,392 | $1,252,605 | $1,444,325 |
Source: Ownwell
Property Tax Bills Across Randolph, Wayne County, Nebraska
Property tax bills in Randolph are calculated by multiplying the assessed value of a home by the local tax rate, then applying any exemptions or credits that may lower the final amount. The assessed value is based on the home’s market value, which means higher-priced homes generally face larger tax bills. Local taxing authorities use this value to fund services such as schools, roads, and public safety, so the amount a homeowner pays depends on both property value and the tax rate set in Wayne County.
For homeowners in Randolph, this can mean a wide range of annual bills. The 25th percentile tax bill is $814, while the 75th percentile is $5,440 and the 90th percentile is $6,565. With a median home price of $474,392, property taxes can have a meaningful impact on monthly housing costs and long-term affordability. Even small changes in assessed value or tax rates can noticeably affect what a homeowner owes each year.
Median Randolph Tax Bill
$2,483
Median Wayne County Tax Bill
$2,051
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Randolph, Wayne County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68771 | $135 | $814 | $2,483 | $5,440 | $6,565 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Wayne Tax Assessor | |
| Website | wayne.gworks.com |