Arlington, Nebraska Property Taxes
The median property tax rate in Arlington, NE is 1.44%, which is significantly 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 $579,985, the typical annual property tax bill reaches $8,358, far exceeding the national median of $2,690. Property taxes in Arlington are calculated based on the tax assessed value, which generally 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
1.44%
Estimate Property Tax Bill
$8,352
$7,750
Ownwell’s Arlington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arlington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arlington 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 Arlington, Nebraska
Property taxes in Arlington, Nebraska, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arlington is 1.44%, 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 68002 zip code has the highest median property tax rate of 1.44%, while the same zip code also has the lowest median tax rate of 1.44%. Understanding how these cities compare with Arlington provides valuable insights into the varying tax landscape across Dodge County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arlington Tax Rate
1.44%
Average Dodge County Tax Rate
1.79%
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 | 1.44% | 1.44% | 1.44% | 1.44% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Arlington, Nebraska
In Arlington, Nebraska, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Dodge County Assessor's Office 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 in Arlington helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 68002 has the highest and lowest median tax bill at $8,358, reflecting the uniformity in tax assessments within the area.
Average Arlington Assessed Value
$579,985
Average Dodge County Assessed Value
$133,688
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 | $296,023 | $402,508 | $579,985 | $652,191 | $695,515 |
Source: Ownwell
Property Tax Bills Across Arlington, Nebraska
In Arlington, located in Dodge County, NE, property tax bills are calculated using the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the county's property tax rate to determine the annual tax bill. Factors that influence the assessed value include the home's market value, location, and any improvements made to the property. For instance, the median home price in Arlington is $579,985, and property tax bills can vary significantly. Homeowners in the 25th percentile can expect a tax bill around $5,795, while those in the 75th percentile might see bills as high as $9,399. At the 90th percentile, tax bills can reach up to $10,023. These property taxes fund essential public services such as schools, emergency services, and infrastructure, directly impacting the quality of life in the community. Compared to the national median property tax rate of 0.99%, Arlington's tax bills reflect the region's specific economic and real estate conditions.
Average Arlington Tax Bill
$8,358
Average Dodge County Tax Bill
$2,379
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 | $4,258 | $5,795 | $8,358 | $9,399 | $10,023 |
Source: Ownwell