Gresham, York County, Nebraska Property Taxes

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

Median Gresham, NE effective property tax rate: 1.39%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Gresham, NE home value: $46,650
Median annual Gresham, NE tax bill: $641, $1,759 lower than the national median property tax bill of $2,400.

How are property taxes in York County calculated?

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

Last Updated March 1, 2025

Gresham, York County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.39%

Estimate Property Tax Bill

$648

$602

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

Property Tax Rates Across Gresham, York County, Nebraska

Local government entities determine tax rates, leading to variations within a state. Each county estimates its required budget to provide essential services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws influence the setting of tax rates and budgets, this is the annual process in a nutshell.

In Gresham, located in York County, Nebraska, the effective property tax rate is a crucial factor for homeowners. Nebraska's median property tax rate stands at 1.39%, which is higher than the national median of 1.02%. This indicates that residents in Nebraska, including those in Gresham, may experience higher property tax bills compared to the national average. Homeowners in Gresham might find their property tax rates similar to those in other parts of Nebraska, given the uniformity in the median tax rates across the state. However, understanding the local tax rate is essential for property owners aiming to manage their expenses effectively. By appealing or seeking exemptions, residents can potentially reduce their property tax burden and achieve significant savings.

Property Tax Rates Across Gresham, York County, Nebraska

Source: Ownwell

0.96%

1.37%

1.78%

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 Gresham Tax Rate

1.39%

Median Effective York County Tax Rate

1.78%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gresham, York County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68367	0.89%	1.39%	1.39%	1.39%	1.39%

Source: Ownwell

Property Tax Assessment Values Across Gresham, York County, Nebraska

When examining property taxes in Gresham, 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 York 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 York 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 Gresham. For example, the median home price in Gresham is $46,650, with tax bills ranging significantly across the county. Zip code 68367 has the highest median home price at $46,650.

Property Tax Assessment Values Across Gresham, York County, Nebraska

Source: Ownwell

$46,650

$102,701

$158,751

Median Gresham Market Value

$46,650

Median York County Market Value

$120,076

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gresham, York County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68367	$12,286	$19,803	$46,650	$83,797	$147,730

Source: Ownwell

Property Tax Bills Across Gresham, York County, Nebraska

In Gresham, York 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 assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, impacting the tax bill. For homeowners, this means that even minor changes in property value or tax rates can significantly affect their annual expenses. The median home price in Gresham is $46,650, with a median tax bill of $641, which is considerably lower than the national median property tax bill of $2,400. However, tax bills can vary significantly, with the 25th percentile at $276 and the 90th percentile reaching $1,592. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners potentially lower their tax bills by ensuring their property is assessed accurately and by identifying any applicable exemptions, thereby providing financial relief and peace of mind.

Property Tax Bills Across Gresham, York County, Nebraska

Source: Ownwell

$641

$1,388

$2,135

Median Gresham Tax Bill

$641

Median York County Tax Bill

$1,911

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Gresham, York County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68367	$171	$276	$641	$1,042	$1,592

Source: Ownwell