Arlington, Nebraska Property Taxes
The median property tax rate in Arlington, NE is 2.04%, considerably higher than both the national median of 0.99% and the Nebraska state median of 1.75%. With the median home value in Arlington at $222,662, the typical annual property tax bill reaches $4,056, exceeding the national median of $2,690. Property taxes in Arlington are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Arlington's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Arlington or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arlington, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.04%
Estimate Property Tax Bill
$4,542
Ownwell’s Arlington Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Arlington with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Arlington to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available further down the page. Your property’s assessed value is the value assigned by Washington County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Arlington, Nebraska
Property taxes in Arlington, Nebraska, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arlington is 2.04%, significantly higher than the U.S. national median of 0.99%. Local government entities within Arlington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arlington 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 Arlington's effective property tax rate to other counties in Nebraska and the national median. For comparison, the zip code 68002 has the highest median property tax rate of 2.04%, while the same zip code also has the lowest median tax rate of 2.04%. Understanding how these cities compare with Arlington provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arlington Tax Rate
2.04%
Average Washington County Tax Rate
1.71%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arlington, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68002 | 1.50% | 1.51% | 2.04% | 2.04% | 2.04% |
Source: Ownwell
Property Tax Assessment Values Across Arlington, Nebraska
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Arlington, 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 Washington 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 Arlington, 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. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 68002, with a median tax bill of $4,056.
Average Arlington Assessed Value
$222,662
Average Washington County Assessed Value
$234,648
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arlington, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68002 | $99,632 | $146,864 | $222,662 | $353,476 | $574,507 |
Source: Ownwell
Property Tax Bills Across Arlington, Nebraska
In Arlington, property tax bills are calculated based on the assessed value of a home, which is determined by local authorities. The assessed value is a percentage of the market value of the property. Homeowners in Arlington, which is part of Washington County, experience property tax bills that vary significantly depending on their property's assessed value. For instance, the 25th percentile tax bill is around $2,671, while the 75th percentile tax bill reaches $6,109. At the 90th percentile, homeowners might see tax bills as high as $9,076. These tax bills impact homeowners by influencing their annual housing costs. With a median home price of $222,662, Arlington's property tax rates can be compared to the national median property tax rate of 0.99%. This comparison helps homeowners understand how their local tax obligations measure up against national averages. The highest and lowest median tax bills in the area are both recorded at $4,056 in the 68002 zip code, highlighting some consistency within specific localities.
Average Arlington Tax Bill
$4,056
Average Washington County Tax Bill
$4,036
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Arlington, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68002 | $1,522 | $2,671 | $4,056 | $6,109 | $9,076 |
Source: Ownwell