Nebraska Values the Impact Taxes Have on Business Development!
Kearney and Buffalo County are the fifth-most populated city and county in Nebraska, respectively. Of the top five populated counties, Buffalo County had the lowest property tax rate of 1.7423% in 2022.
Not convinced? Of Nebraska's 30+ First Class Cities, Kearney had the lowest property tax levy of 0.14887 in 2022.
The Tax Foundation ranks Nebraska in the middle of the country as the 29th-best in its 2023 State Business Tax Climate Index. The most positive rankings for the state include a low sales tax rate and low impact on unemployment insurance taxes on businesses. The legislative environment in Nebraska is trending in a positive direction, with scheduled reductions in the top marginal corporate income tax through 2023 and significant reductions in the top marginal individual income tax rate beginning in 2023.