Sherman County, Nebraska Property Taxes
Census Bureau ACS property tax data for Nebraska. Population: 988.
The median annual property tax in Sherman County is $1,652, which is 16% lower than the Nebraska state average and 14% below the national average. The effective tax rate is 1.22% on a median home value of $135,000. Property taxes represent 2.7% of the median household income in this county.
Median Annual Tax
$1,652
-16% vs State
-14% vs US
Median Home Value
$135,000
-12% vs State
-36% vs US
Effective Tax Rate
1.22%
-5% vs State
+28% vs US
With vs Without Mortgage
With Mortgage
$1,620
$135/mo
Without Mortgage
$1,672
$139/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 | $1,652 +12.5% | 1.22% |
| 2022 | $1,469 -0.8% | 1.31% |
| 2021 | $1,481 +8.8% | 1.44% |
| 2020 | $1,361 +6.7% | 1.50% |
| 2019 | $1,275 | 1.44% |
Tax Burden
Tax-to-Income Ratio
2.7%
of median household income
Median Income
$61,935
per year
Monthly Tax
$138
per month
Other Counties in Nebraska
Cheyenne County
Tax: $2,248/yr Rate: 1.74%
Seward County
Tax: $2,791/yr Rate: 1.20%
Keya Paha County
Tax: $1,240/yr Rate: 1.14%
Merrick County
Tax: $1,969/yr Rate: 1.17%
Butler County
Tax: $1,941/yr Rate: 1.17%
Rock County
Tax: $1,264/yr Rate: 1.02%
Frequently Asked Questions
What is the average property tax in Sherman County, Nebraska? ▼
The median annual property tax in Sherman County is $1,652 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.22% on a median home value of $135,000.
How does Sherman County property tax compare to the national average? ▼
Property taxes in Sherman County are 14% below the national average of $1,923. The effective rate of 1.22% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Sherman County? ▼
In Sherman County, homeowners with a mortgage pay a median of $1,620 in annual property taxes, while homeowners without a mortgage pay $1,672. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Sherman County? ▼
Property taxes in Sherman County represent approximately 2.7% of the median household income of $61,935. 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.