Crofton, Cedar County, Nebraska Property Taxes

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

Median Crofton, NE effective property tax rate: 1.15%, slightly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Crofton, NE home value: $222,038
Median annual Crofton, NE tax bill: $2,525, $125 higher than the national median property tax bill of $2,400.

How are property taxes in Cedar County calculated?

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

Last Updated March 1, 2025

Crofton, Cedar County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.15%

Estimate Property Tax Bill

$2,553

$2,370

Ownwell’s Crofton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Crofton with just two data points. By entering your property's estimated assessed value, our calculator applies Crofton’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 County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Crofton, Cedar County, Nebraska

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Crofton, Cedar County, Nebraska, the effective property tax rate is 1.15%, which is higher than the national median property tax rate of 1.02%. This rate is consistent across Cedar County, highlighting the uniformity in tax assessments within the region. Although Crofton's rate is above the national average, it aligns with Nebraska's overall property tax trends, where rates are generally higher than the national median. For property owners in Crofton, understanding this rate is crucial for financial planning and maximizing potential tax savings. Comparing Crofton's effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S. provides valuable insights for property owners in the area.

Property Tax Rates Across Crofton, 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 Crofton Tax Rate

1.15%

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 Crofton, Cedar County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68730	1.07%	1.14%	1.15%	1.15%	1.15%

Source: Ownwell

Property Tax Assessment Values Across Crofton, Cedar County, Nebraska

When examining property taxes in Crofton, 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 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 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 Crofton. For example, the median home price in Crofton is $222,038, with tax bills ranging significantly across the county. 68730 has the highest median home price at $222,038.

Property Tax Assessment Values Across Crofton, Cedar County, Nebraska

Source: Ownwell

$19,625

$326,684

$633,742

Median Crofton Market Value

$222,038

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 Crofton, Cedar County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68730	$54,213	$130,555	$222,038	$408,051	$694,424

Source: Ownwell

Property Tax Bills Across Crofton, Cedar County, Nebraska

In Crofton, located in Cedar County, Nebraska, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property location, size, and market conditions can influence the assessed value. In Crofton, the typical property tax bill falls between $1,434 at the 25th percentile and $4,288 at the 75th percentile, with some homeowners paying as much as $7,827 at the 90th percentile. The median home price in the area is $222,038, which is relatively low compared to the national median property tax bill of $2,400. For homeowners, high property taxes can be a significant financial burden. Ownwell offers expert property tax appeal services, helping homeowners potentially lower their tax bills by ensuring their property assessments are fair and accurate. By leveraging local market data and expert insights, Ownwell can help homeowners save money and reduce their financial stress.

Property Tax Bills Across Crofton, Cedar County, Nebraska

Source: Ownwell

$285

$4,186

$8,087

Median Crofton Tax Bill

$2,525

Median Cedar County Tax Bill

$1,639

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Crofton, Cedar County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68730	$517	$1,434	$2,525	$4,288	$7,827

Source: Ownwell