Property Tax & Income in Red Willow County, Nebraska
Red Willow County has an effective property tax rate of 1.18%. On the median home value of $159,600, that's roughly $1,879 per year. Median household income is $63,697.
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 | Red Willow County | Nebraska (state context) |
|---|---|---|
| Effective property tax rate1 | 1.18% | 1.27% |
| Median home value1 | $159,600 | — |
| 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 Red Willow County, NE
In Red Willow County, Nebraska, homes sell for a median of $159,600, and the annual property tax bill on such a home comes to about $1,879. That works out to an effective rate of 1.177%, which sits below Nebraska's statewide median of 1.267% and ranks the county 58th among the state's 93 counties. Buyers weighing a move to the area around Lebanon will find the overall tax load heavier than the national median of 0.794%, so comparing Nebraska's rate structure against other states matters. Against local earnings, though, the picture softens: median household income here is $63,697, and per-capita income is $36,919, meaning the yearly tax bill equals a fairly contained share of what households bring in. Affordable home prices combined with a below-average state rate make this county a reasonable option for budget-conscious buyers.