Carroll, Cedar County, Nebraska Property Taxes

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

Median Carroll, NE effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Carroll, NE home value: $263,065
Median annual Carroll, NE tax bill: $2,129, $271 lower than the national median property tax bill of $2,400.

How are property taxes in Cedar calculated?

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

Last Updated March 1, 2025

Carroll, Cedar County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.81%

Estimate Property Tax Bill

$2,131

$1,977

Ownwell’s Carroll Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Carroll with just two data points. By entering your property's estimated assessed value, our calculator applies Carroll’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 Carroll, Cedar County, Nebraska

Local government entities determine tax rates, leading to significant variations within a state. This is because each county annually estimates its budgetary needs for essential services and divides this by the total assessed value of all taxable properties within its boundaries, resulting in the property tax rate. Though setting these rates involves votes and regulations, this is essentially how the process unfolds each year. You can compare Carroll’s effective property tax rate to other cities in Nebraska, as well as to the median property tax rates in Nebraska and the U.S. Carroll, located in Cedar County, has a tax rate that reflects the county's approach to balancing its budgetary requirements with the total assessed property values. Nebraska's median property tax rate is 0.81%, which is below the national median of 1.02%. This positions Nebraska favorably in terms of property tax affordability when compared to the national landscape. Understanding these differences can provide valuable insights for property owners considering tax appeal and exemption opportunities.

Property Tax Rates Across Carroll, 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 Carroll Tax Rate

0.81%

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 Carroll, Cedar County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68723	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Carroll, Cedar County, Nebraska

When examining property taxes in Carroll, NE, 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. Assessment notices: In Cedar County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Carroll. For example, the median home price in Carroll is $263,065, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Carroll, Cedar County, Nebraska

Source: Ownwell

$19,625

$326,684

$633,742

Median Carroll Market Value

$263,065

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 Carroll, Cedar County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68723	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Carroll, Cedar County, Nebraska

In Carroll, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the tax bill. For homeowners in Carroll, the median home price stands at $263,065. Property tax bills can vary significantly, with the 25th percentile at $2,063 and the 75th percentile reaching $2,195. This range shows that while some homeowners pay below the national median property tax bill of $2,400, others pay slightly above it. Factors influencing these variations include changes in property values and local government budgets. High property tax bills can strain homeowners financially, making it essential to explore potential savings. This is where Ownwell comes in. By offering expert property tax appeal services, Ownwell helps homeowners assess their property's assessed value and identify opportunities for reductions. This can lead to significant savings, ensuring homeowners pay only their fair share in property taxes.

Property Tax Bills Across Carroll, Cedar County, Nebraska

Source: Ownwell

$285

$4,186

$8,087

Median Carroll Tax Bill

$2,129

Median Cedar County Tax Bill

$1,639

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Carroll, Cedar County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68723	N/A	N/A	N/A	N/A	N/A

Source: Ownwell