StateRates

Cherry County, Nebraska property tax

The median homeowner in Cherry County, Nebraska pays $1,373 a year in property tax on a home worth $136,000, an effective rate of 1.01%. The national effective rate is 0.98%.

Effective rate 1.01% #53 of 55 in Nebraska
Median tax bill $1,373 per year
Median home value $136,000 owner-occupied
Median income $63,750 household

What the rate means here

Cherry County taxes property at 1.01%, within a rounding error of the national 0.98%. With the rate close to typical, the $1,373 bill is driven by what housing is worth here rather than by how hard it is taxed.

Inside Nebraska it is among the lightest, ranking #53 of 55, against a statewide 1.50%. Sarpy County, in the same state, charges 1.79%. Comparing states on property tax hides differences like that, which is why this site publishes counties.

The median home costs 2.13 times the median household income of $63,750, against 3.86 nationally, which is a comfortable ratio by American standards. 62% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 5,468 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $2,525 per year at 1.01%
$400,000 home $4,040 per year at 1.01%
$600,000 home $6,060 per year at 1.01%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Cherry County, Nebraska against Nebraska and the country
Cherry County Nebraska United States
Effective property tax 1.01% 1.50% 0.98%
Median tax bill $1,373 $3,350 $2,969
Median home value $136,000 $223,800 $303,400
Median gross rent $873 $1,035 $1,348
Median household income $63,750 $74,985 $78,538
Home price to income 2.13× 2.98× 3.86×
Rent as share of income 16.43% 16.56% 20.6%
Owner-occupied 62% 66.54% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 5,468.

Nearby counties of similar size

Other Nebraska counties
County Rate Median bill Home value
Fillmore County 1.13% $1,481 $131,200
Dixon County 1.21% $1,714 $141,400
Boone County 1.02% $1,673 $164,700
Johnson County 1.52% $1,993 $131,500
Polk County 0.98% $1,748 $177,800

Cherry County property tax: common questions

What is the property tax rate in Cherry County, Nebraska?

The effective rate is 1.01% of home value, from a median tax bill of $1,373 against a median home value of $136,000. That is 0.03 points above the national 0.98%.

How much is property tax on a $400,000 home in Cherry County?

Roughly $4,040 a year at the county effective rate of 1.01%.

Is Cherry County expensive compared with the rest of Nebraska?

It ranks #53 of 55 Nebraska counties by effective property tax rate, and #1019 of 2,826 nationally. That is 0.49 points below the Nebraska average of 1.50%.

What does housing cost in Cherry County?

The median home is worth $136,000 and median gross rent is $873 a month. Median household income is $63,750, which puts the home at 2.13 times annual income and rent at 16.43% of it.