Wayne, Wayne County, Nebraska Property Taxes

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

Median Wayne, NE effective property tax rate: 1.74%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Wayne, NE home value: $134,770
Median annual Wayne, NE tax bill: $2,300, $100 lower than the national median property tax bill of $2,400.

How are property taxes in Wayne calculated?

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

Last Updated March 1, 2025

Wayne, Wayne County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.74%

Estimate Property Tax Bill

$2,345

$2,176

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

Property Tax Rates Across Wayne, Wayne County, Nebraska

Local government entities set tax rates, which can vary widely within a state. This variation occurs 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 Wayne’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.

In Wayne, located in Wayne County, the property tax rate stands at 1.74%, which is notably higher than the national median of 1.02%. This reflects the county's budgetary needs and the value of taxable properties in the area. Compared to other areas in Nebraska, Wayne's tax rate is consistent due to the uniformity across the state. Understanding these rates can help property owners anticipate their tax liabilities and explore potential savings through appeals or exemptions.

Property Tax Rates Across Wayne, Wayne County, Nebraska

Source: Ownwell

0.78%

1.29%

1.80%

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 Wayne Tax Rate

1.74%

Median Effective Wayne County Tax Rate

1.74%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wayne, Wayne County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68787	1.34%	1.74%	1.74%	1.74%	1.74%

Source: Ownwell

Property Tax Assessment Values Across Wayne, Wayne County, Nebraska

When examining property taxes in Wayne, NE, 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 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 Wayne 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 Wayne. For example, the median home price in Wayne is $134,770, with tax bills ranging significantly across the county. Zip code 68787 has the highest median home price at $134,770.

Property Tax Assessment Values Across Wayne, Wayne County, Nebraska

Source: Ownwell

$115,520

$318,946

$522,372

Median Wayne Market Value

$134,770

Median Wayne County Market Value

$145,345

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wayne, Wayne County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68787	$55,925	$90,599	$134,770	$195,381	$341,120

Source: Ownwell

Property Tax Bills Across Wayne, Wayne County, Nebraska

In Wayne, Nebraska, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Wayne, the median home price is $134,770, with property tax bills ranging from the 25th percentile at $1,517 to the 90th percentile at $5,425. The highest and lowest median tax bills in the area are both $2,300, which aligns closely with the national median property tax bill of $2,400. Factors influencing property tax bills include changes in assessed home values and local government budget needs. High property taxes can significantly impact homeowners by increasing the cost of owning a home. Ownwell can assist homeowners in Wayne by providing professional property tax appeal services, potentially reducing their tax burden. By leveraging expertise in local tax regulations, Ownwell helps ensure homeowners pay only their fair share, potentially saving them significant amounts on their property tax bills.

Property Tax Bills Across Wayne, Wayne County, Nebraska

Source: Ownwell

$1,862

$3,688

$5,513

Median Wayne Tax Bill

$2,300

Median Wayne County Tax Bill

$2,361

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Wayne, Wayne County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68787	$876	$1,517	$2,300	$3,262	$5,425

Source: Ownwell