Arthur County Property Taxes
The median property tax rate in Arthur County is 1.10%, which is slightly higher than the national median of 0.99% but lower than the Nebraska state median of 1.75%. With the median home value in Arthur County at $98,990, the typical annual property tax bill is $1,104, significantly below the national median of $2,690. Property taxes in Arthur County are calculated based on the assessed value, which generally falls below the market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Arthur County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Arthur or another part of Arthur County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arthur County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$1,089
$1,010
Ownwell’s Arthur County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Arthur County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Arthur County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Arthur County, Nebraska
Property taxes in Arthur County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Arthur County is 1.10%, which is higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Arthur County set these rates annually, and they can vary significantly between different areas within the county. Each year, Arthur County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Arthur County's effective property tax rate with other counties in Nebraska and the national median. For comparison, the city of Arthur has one of the higher property tax rates in Nebraska at 1.10%, while the city of Lemoyne boasts one of the lowest at 1.09%. Analyzing how Arthur County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Arthur County Tax Rate
1.10%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arthur County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arthur | 0.60% | 1.09% | 1.10% | 1.38% | 1.38% |
| Hyannis | 1.09% | 1.09% | 1.10% | 1.17% | 1.30% |
| Lemoyne | 1.08% | 1.09% | 1.09% | 1.10% | 1.21% |
| Sutherland | 1.08% | 1.09% | 1.09% | 1.10% | 1.10% |
| Whitman | 1.09% | 1.09% | 1.09% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Arthur County, Nebraska
In Arthur County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Arthur County Appraisal District. The assessed value, however, 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. Assessment notices in Arthur County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Arthur County has diverse property tax bills, with the highest median tax bill in Whitman at $4,216 and the lowest in Arthur at $867. Being aware of these valuation processes in Arthur County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Arthur County Assessed Value
$98,990
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arthur County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arthur | $15,053 | $30,704 | $73,160 | $317,726 | $484,207 |
| Hyannis | $74,553 | $132,000 | $229,630 | $315,554 | $351,933 |
| Lemoyne | $80,436 | $235,066 | $367,350 | $387,669 | $479,734 |
| Sutherland | $47,763 | $82,326 | $341,353 | $364,946 | $408,432 |
| Whitman | $349,749 | $355,157 | $386,805 | $416,605 | $418,688 |
Source: Ownwell
Property Tax Bills Across Arthur County, Nebraska
In Arthur County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. The median home price in Arthur County is $98,990, with a range of tax bills reflecting this value. For instance, homeowners in the 25th percentile can expect to pay around $394 annually, while those in the 75th percentile may see bills up to $3,911. At the higher end, the 90th percentile tax bills can reach as much as $5,408. Several factors influence these calculations, including property size, location, and any applicable exemptions. Comparatively, Arthur County's property tax rates can vary significantly within the region. For example, Whitman has the highest median tax bill at $4,216, while Arthur has the lowest at $867. These variations affect homeowners differently, potentially impacting their financial planning and overall cost of living.
Average Arthur County Tax Bill
$1,104
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Arthur County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arthur | $91 | $324 | $867 | $3,445 | $5,293 |
| Hyannis | $892 | $1,481 | $2,509 | $3,428 | $3,821 |
| Lemoyne | $895 | $2,560 | $3,987 | $4,213 | $5,228 |
| Sutherland | $524 | $908 | $3,702 | $3,967 | $4,448 |
| Whitman | $3,808 | $3,877 | $4,216 | $4,532 | $4,560 |
Source: Ownwell