Banner County, Nebraska Property Taxes
Census Bureau ACS property tax data for Nebraska. Population: 195.
The median annual property tax in Banner County is $2,516, which is 28% higher than the Nebraska state average and 31% above the national average. The effective tax rate is 1.51% on a median home value of $166,300. Property taxes represent 3.5% of the median household income in this county.
Median Annual Tax
$2,516
+28% vs State
+31% vs US
Median Home Value
$166,300
+9% vs State
-21% vs US
Effective Tax Rate
1.51%
+18% vs State
+59% vs US
With vs Without Mortgage
With Mortgage
$4,125
$344/mo
Without Mortgage
$2,217
$185/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,516 +35.0% | 1.51% |
| 2022 | $1,864 -0.1% | 1.07% |
| 2021 | $1,865 +3.4% | 1.05% |
| 2020 | $1,804 +16.4% | 1.04% |
| 2019 | $1,550 | 1.11% |
Tax Burden
Tax-to-Income Ratio
3.5%
of median household income
Median Income
$71,250
per year
Monthly Tax
$210
per month
Other Counties in Nebraska
Thayer County
Tax: $1,207/yr Rate: 1.14%
Nemaha County
Tax: $1,761/yr Rate: 1.41%
Pawnee County
Tax: $1,191/yr Rate: 1.59%
Grant County
Tax: $853/yr Rate: 0.75%
Loup County
Tax: $965/yr Rate: 0.80%
Arthur County
Tax: $1,574/yr Rate: 0.83%
Frequently Asked Questions
What is the average property tax in Banner County, Nebraska? ▼
The median annual property tax in Banner County is $2,516 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.51% on a median home value of $166,300.
How does Banner County property tax compare to the national average? ▼
Property taxes in Banner County are 31% above the national average of $1,923. The effective rate of 1.51% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Banner County? ▼
In Banner County, homeowners with a mortgage pay a median of $4,125 in annual property taxes, while homeowners without a mortgage pay $2,217. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Banner County? ▼
Property taxes in Banner County represent approximately 3.5% of the median household income of $71,250. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.