Bloomfield, Cedar County, Nebraska Property Taxes

Name: Property Tax Bills Across Bloomfield, Cedar County, Nebraska
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Bloomfield, NE effective property tax rate: 1.13%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Bloomfield, NE home value: $401,500
Median annual Bloomfield, NE tax bill: $4,555, $2,155 higher than the national median property tax bill of $2,400.

How are property taxes in Cedar calculated?

Property taxes in Bloomfield, NE are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Bloomfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bloomfield, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Bloomfield, Cedar County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.13%

Estimate Property Tax Bill

$4,537

$4,210

Ownwell’s Bloomfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bloomfield with just two data points. By entering your property's estimated assessed value, our calculator applies Bloomfield’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Cedar. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bloomfield, Cedar County, Nebraska

Local government entities determine tax rates, which can vary significantly within a state. Each year, counties estimate the budget needed to provide essential services and divide this amount by the total value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. Although setting tax rates and budgets involves votes and legislative measures, this is the fundamental process. In Bloomfield, located in Cedar County, Nebraska, residents experience a property tax rate that reflects these calculations. The effective property tax rate here can be compared to other cities within Nebraska and also against the national median. Nebraska’s median property tax rate is slightly higher than the national median of 1.02%, indicating a more significant burden on property owners in the state. This comparison helps property owners understand their tax obligations relative to other regions. By understanding these differences, property owners in Bloomfield can make informed decisions and potentially seek property tax appeal or exemption services to manage their expenses effectively.

Property Tax Rates Across Bloomfield, Cedar County, Nebraska

Source: Ownwell

0.88%

1.49%

2.10%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Bloomfield Tax Rate

1.13%

Median Effective Cedar County Tax Rate

1.45%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bloomfield, Cedar County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68718	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Bloomfield, Cedar County, Nebraska

When examining property taxes in Bloomfield, Nebraska, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Cedar County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Cedar County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Bloomfield. For example, the median home price in Bloomfield is $401,500, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Bloomfield, Cedar County, Nebraska

Source: Ownwell

$19,625

$326,684

$633,742

Median Bloomfield Market Value

$401,500

Median Cedar County Market Value

$117,330

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bloomfield, Cedar County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68718	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Bloomfield, Cedar County, Nebraska

In Bloomfield, Cedar County, NE, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. The median home price in Bloomfield is $401,500, and the property tax rate is applied to this assessed value to calculate the tax bill. For many homeowners, the property tax bill falls around $4,555, which is significantly higher than the national median property tax bill of $2,400. Factors influencing this bill include local government budgets, school funding needs, and community services. High property taxes can place a financial burden on homeowners, impacting their overall cost of living.

Ownwell assists homeowners by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure that homeowners are not overpaying. Their team of experts can guide homeowners through the appeal process, potentially lowering their tax bills and providing financial relief. This service is invaluable for those looking to reduce their property tax burden and manage their finances more effectively.

Property Tax Bills Across Bloomfield, Cedar County, Nebraska

Source: Ownwell

$285

$4,186

$8,087

Median Bloomfield Tax Bill

$4,555

Median Cedar County Tax Bill

$1,639

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Bloomfield, Cedar County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68718	N/A	N/A	N/A	N/A	N/A

Source: Ownwell