Property Tax & Income in Nance County, Nebraska
Nance County has an effective property tax rate of 1.10%. On the median home value of $132,000, that's roughly $1,451 per year. Median household income is $65,179.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Nance County | Nebraska (state context) |
|---|---|---|
| Effective property tax rate1 | 1.10% | 1.27% |
| Median home value1 | $132,000 | — |
| State income tax3 | top rate 4.55% | top rate 4.55% |
| State sales tax3 | 6.98% combined | 6.98% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Nance County, NE
Buying a home in Nance County, Nebraska, comes with a property tax rate of 1.099%, which sits below Nebraska's statewide median of 1.267% and places the county 71st among the state's 93 counties. A median-priced home here costs $132,000, generating an annual real-estate tax bill of about $1,451. That combination of lower-than-average home values and a below-average rate keeps ownership costs down, even though the national median rate of 0.794% is lower still. Households in the county earn a median of $65,179, with per-capita income at $34,143, so the yearly tax bill takes up a comparatively small share of earnings. Genoa anchors the county as its principal town. For a buyer weighing affordability, the relatively low entry price paired with a tax rate under the state norm makes this an appealing corner of Nebraska.