Property Values Way Up Here, In State
May 19, 2022
Nebraska Property Tax Administrator Ruth Sorenson explained to the Observer that there is a hefty increase in assessed values of residential properties across the state.
The state total for Residential & Recreational and AgResident percentage change was at 8.48%, according to a Nebraska Department of Revenue chart.
Some counties are registering significant increases. For example, Wheeler County has a 57.10% increase. Speaking to the Observer from Lincoln, Sorenson suggested that was probably due to a reappraisal. Hooker, Brown, and Boyd counties had more than a 20% increase.