Archer, Nebraska Property Taxes
The median property tax rate in Archer, NE is 1.29%, significantly higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With a median home value of $180,935 in Archer, the typical annual property tax bill is around $2,360, which is below the national median of $2,690. Property taxes in Archer are calculated based on the assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. By understanding Archer's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners can achieve substantial annual savings. Whether you're in the heart of Archer or another part of Merrick County, gaining insight into the local property tax system can provide significant benefits for both homeowners and real estate investors.
Last Updated June 14, 2024
Archer, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.29%
Estimate Property Tax Bill
$2,334
Ownwell’s Archer Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Archer with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Archer to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Archer, Nebraska
Property taxes in Archer, Nebraska, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Archer is 1.29%, higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Archer set these rates annually, and they can vary significantly across different neighborhoods. Each year, Archer estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Archer's effective property tax rate to other counties in Nebraska and the national median. For comparison, the 68816 zip code has the highest median property tax rate of 1.29%, while the 68816 zip code also has the lowest median tax rate of 1.29%. Understanding how these cities compare with Archer provides valuable insights into the varying tax landscape across Merrick County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Archer Tax Rate
1.29%
Average Merrick County Tax Rate
1.28%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Archer, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68816 | 1.27% | 1.28% | 1.29% | 1.29% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Archer, Nebraska
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Archer, Nebraska. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Merrick County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Archer, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The zip code with the highest median tax bill is 68816, with a median bill of $2,360. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Archer Assessed Value
$180,935
Average Merrick County Assessed Value
$135,822
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Archer, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68816 | $27,194 | $78,010 | $180,935 | $332,175 | $613,087 |
Source: Ownwell
Property Tax Bills Across Archer, Nebraska
In Archer, Merrick County, NE, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Archer, the median home price is $180,935. Property tax bills can vary significantly; for example, the 25th percentile tax bill is $1,044, while the 75th percentile reaches $4,289, and the 90th percentile soars to $7,847. These variations are influenced by factors such as property size, location, and any applicable exemptions or abatements. Homeowners in Archer face a median property tax rate that is competitive compared to the national median rate of 0.99%. Understanding these factors can help homeowners anticipate their property tax obligations and plan accordingly, ensuring they are prepared for their annual tax bill.
Average Archer Tax Bill
$2,360
Average Merrick County Tax Bill
$1,907
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Archer, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68816 | $341 | $1,044 | $2,360 | $4,289 | $7,847 |
Source: Ownwell