Central City, Nebraska property tax

Median property tax, home value and effective rate (Census 2020โ€“2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
1.38%

Homeowners in Central City, Nebraska paid a median $2,287 a year in property tax on a median home worth $165,300, an effective rate of about 1.38% (Census 2020โ€“2024).

Census ACS 2020โ€“2024 5-year medians

#157 lowest of 274Nebraska places we cover

1.30%Merrick County overall
Median tax paid
$2,287
per year, 2020โ€“24
Median home value
$165,300
owner-occupied
Effective rate
1.38%
tax รท value
Tax vs. income
3.1%
of $73,229 median household income
Owner costs
$1,244/mo
median with a mortgage, incl. tax & insurance

Central City vs county, state and US

Effective rate

Central City1.38%
Merrick County1.30%
Nebraska1.49%
United States0.94%

Median tax paid per year

Central City$2,287
Merrick County$2,280
Nebraska$3,549
United States$3,119

Tax on a home in Central City

At the local 1.38% effective rate

Home valueEstimated yearly taxPer month
$150,000$2,075$173
$250,000$3,459$288
$350,000$4,842$404
$500,000$6,918$576

Buying a home in Merrick County? 2026 loan limits

Nearby and related

Source: U.S. Census Bureau, American Community Survey 2020โ€“2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020โ€“2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax รท median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.

Frequently asked questions

What is the property tax rate in Central City, Nebraska?

Homeowners in Central City, Nebraska paid a median $2,287 a year in property tax on a median home worth $165,300, an effective rate of about 1.38% (Census 2020โ€“2024).

How much is property tax on a $250,000 home in Central City?

About $3,459 a year at the 1.38% median effective rate. Exemptions such as homestead can lower it.

Is property tax in Central City higher than the rest of Nebraska?

Central City ranks #157 lowest of 274 Nebraska places we track. The statewide effective rate is 1.49%. Merrick County overall is 1.30%.