Cedar County Property Taxes
The median property tax rate in Cedar County is 1.45%, which is 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 $117,330 in Cedar County, the typical annual property tax bill is around $1,639, which is below the national median of $2,690. Property taxes in Cedar County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Cedar 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 Hartington or another part of Cedar County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cedar County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.45%
Estimate Property Tax Bill
$1,701
$1,579
Ownwell’s Cedar County Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Cedar County with just two data points. By entering your property's estimated assessed value, our calculator uses the median tax rate in Cedar County to estimate your property tax bill. This tool is invaluable for understanding potential tax liabilities. For more detailed trends at the city level, scroll down to access local informational pages. Your property's assessed value is determined by your county and takes into account any exemptions you may have. This value is crucial for accurate property tax calculations and helps you plan your finances more effectively.
Property Tax Rates Across Cedar County, Nebraska
Property taxes in Cedar County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Cedar County is 1.45%, which is higher than the U.S. national median of 0.99%. Local government entities within Cedar County set these rates annually, and they can vary significantly between different areas within the county. Each year, Cedar 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 Cedar County's effective property tax rate with other areas and the national median. For comparison, the city of Coleridge has one of the higher property tax rates in the region at 2.10%, while the city of Carroll boasts one of the lowest at 0.81%. Analyzing how Cedar County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Cedar County Tax Rate
1.45%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cedar County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belden | 0.80% | 0.81% | 1.26% | 1.26% | 1.26% |
| Bloomfield | 1.13% | 1.13% | 1.13% | 1.13% | 1.13% |
| Carroll | 0.81% | 0.81% | 0.81% | 0.81% | 0.81% |
| Coleridge | 1.17% | 1.19% | 2.10% | 2.10% | 2.10% |
| Crofton | 1.07% | 1.14% | 1.15% | 1.15% | 1.15% |
| Dixon | 1.23% | 1.23% | 1.23% | 1.23% | 1.23% |
| Fordyce | 0.84% | 0.86% | 0.88% | 1.07% | 1.15% |
| Hartington | 0.84% | 0.86% | 1.54% | 1.54% | 1.54% |
| Laurel | 1.20% | 1.23% | 1.71% | 1.71% | 1.71% |
| Magnet | 1.69% | 1.70% | 1.70% | 1.70% | 1.70% |
| Mclean | 1.28% | 1.28% | 1.28% | 1.28% | 1.28% |
| Newcastle | 0.85% | 0.85% | 0.87% | 0.88% | 1.09% |
| Obert | 0.88% | 1.10% | 1.10% | 1.10% | 1.11% |
| Randolph | 0.79% | 1.32% | 1.46% | 1.46% | 1.46% |
| Saint Helena | 0.85% | 0.88% | 1.12% | 1.44% | 1.90% |
| St Helena | 1.45% | 1.45% | 1.45% | 1.45% | 1.45% |
| Wausa | 1.25% | 1.27% | 1.27% | 1.28% | 1.29% |
| Wynot | 1.43% | 1.45% | 1.45% | 1.88% | 1.88% |
Source: Ownwell
Property Tax Assessment Values Across Cedar County, Nebraska
In Cedar 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 Cedar 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 Cedar 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. For example, Wausa has the highest median tax bill at $8,087, while Obert has the lowest at $285. Being aware of these valuation processes in Cedar County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Cedar County Assessed Value
$117,330
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cedar County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belden | $17,629 | $28,740 | $66,365 | $154,162 | $453,922 |
| Bloomfield | $401,500 | $401,500 | $401,500 | $401,500 | $401,500 |
| Carroll | $250,105 | $254,965 | $263,065 | $271,165 | $276,025 |
| Coleridge | $12,588 | $27,694 | $65,615 | $153,432 | $618,490 |
| Crofton | $54,213 | $130,555 | $222,038 | $408,051 | $694,424 |
| Dixon | $139,555 | $139,555 | $139,555 | $139,555 | $139,555 |
| Fordyce | $58,442 | $83,915 | $175,608 | $372,459 | $678,224 |
| Hartington | $42,868 | $86,184 | $151,455 | $301,680 | $682,640 |
| Laurel | $25,255 | $50,179 | $93,870 | $197,494 | $518,678 |
| Magnet | $4,550 | $12,645 | $19,625 | $29,485 | $47,790 |
| Mclean | $196,420 | $196,420 | $196,420 | $196,420 | $196,420 |
| Newcastle | $102,188 | $167,570 | $200,290 | $412,280 | $466,336 |
| Obert | $6,568 | $15,591 | $26,502 | $39,331 | $151,951 |
| Randolph | $23,138 | $48,768 | $84,745 | $164,522 | $692,432 |
| Saint Helena | $37,956 | $87,010 | $163,970 | $335,915 | $714,172 |
| St Helena | $53,036 | $82,715 | $88,400 | $98,620 | $125,110 |
| Wausa | $146,630 | $253,205 | $633,742 | $764,510 | $944,135 |
| Wynot | $23,452 | $50,830 | $85,178 | $221,745 | $421,349 |
Source: Ownwell
Property Tax Bills Across Cedar County, Nebraska
In Cedar County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine the tax bill. Various factors influence the assessed value, including the home's market value, location, and any improvements or modifications made to the property. Homeowners in Cedar County experience a range of property tax bills. For instance, the 25th percentile tax bill is $828, while the 75th percentile reaches $3,206. At the higher end, the 90th percentile tax bill is $6,761. This variation can significantly impact homeowners, with those in Wausa facing the highest median tax bill of $8,087, contrasted by Obert's lowest median tax bill of $285. These tax bills can affect homeowners' financial planning and overall cost of living. Compared to the national median property tax rate of 0.99%, Cedar County's rates reflect the local economic conditions and property values, influencing how much residents pay annually.
Average Cedar County Tax Bill
$1,639
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Cedar County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belden | $224 | $366 | $870 | $1,854 | $4,514 |
| Bloomfield | $4,555 | $4,555 | $4,555 | $4,555 | $4,555 |
| Carroll | $2,024 | $2,063 | $2,129 | $2,195 | $2,235 |
| Coleridge | $243 | $538 | $1,280 | $2,426 | $7,733 |
| Crofton | $517 | $1,434 | $2,525 | $4,288 | $7,827 |
| Dixon | $1,716 | $1,716 | $1,716 | $1,716 | $1,716 |
| Fordyce | $585 | $891 | $1,744 | $3,480 | $6,470 |
| Hartington | $523 | $1,144 | $2,051 | $3,528 | $6,518 |
| Laurel | $404 | $817 | $1,524 | $2,914 | $7,178 |
| Magnet | $77 | $209 | $313 | $509 | $837 |
| Mclean | $2,522 | $2,522 | $2,522 | $2,522 | $2,522 |
| Newcastle | $1,269 | $1,596 | $1,750 | $3,491 | $4,146 |
| Obert | $69 | $162 | $285 | $466 | $1,426 |
| Randolph | $310 | $646 | $1,234 | $2,123 | $6,123 |
| Saint Helena | $434 | $1,156 | $2,029 | $4,143 | $7,121 |
| St Helena | $769 | $1,199 | $1,282 | $1,430 | $1,814 |
| Wausa | $1,885 | $3,242 | $8,087 | $9,311 | $11,556 |
| Wynot | $370 | $789 | $1,410 | $3,401 | $6,115 |
Source: Ownwell