Fordyce, Cedar County, Nebraska Property Taxes
Median Fordyce, NE effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%. Median Fordyce, NE home value: $175,608. Median annual Fordyce, NE tax bill: $1,744, $656 lower than the national median property tax bill of $2,400.
How are property taxes in Cedar calculated?
Property taxes in Fordyce, 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 Fordyce’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fordyce, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fordyce, Cedar County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.88%
Estimate Property Tax Bill
$1,545
$1,434
Property Tax Rates Across Fordyce, 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. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.
In Fordyce, located in Cedar County, the effective property tax rate is 0.88%. This rate is consistent with the highest and lowest median tax rates within the ZIP code 68736, indicating a uniformity in tax rates across this region. When compared to the national median property tax rate of 1.02%, Fordyce's rate is notably lower, offering potential savings for property owners. The national median property tax bill stands at $2400, which further highlights the financial advantage for residents in Fordyce. This lower tax rate can make a significant difference in overall property expenses, making Fordyce an attractive location for homeowners seeking affordability.
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 Fordyce Tax Rate
0.88%
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 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 Fordyce, Cedar County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68736 | 0.84% | 0.86% | 0.88% | 1.07% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Fordyce, Cedar County, Nebraska
When examining property taxes in Fordyce, 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 Appraisal District 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 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 Fordyce.
For example, the median home price in Fordyce is $175,608, with tax bills ranging significantly across the county. Zip code 68736 has the highest median home price at $175,608.
Property Tax Assessment Values Across Fordyce, Cedar County, Nebraska
Source: Ownwell

$19,625
$326,684
$633,742
Median Fordyce Market Value
$175,608
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 Fordyce, Cedar County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68736 | $58,442 | $83,915 | $175,608 | $372,459 | $678,224 |
Source: Ownwell
Property Tax Bills Across Fordyce, Cedar County, Nebraska
Median Fordyce Tax Bill
$1,744
Median Cedar County Tax Bill
$1,639
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Fordyce, Cedar County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68736 | $585 | $891 | $1,744 | $3,480 | $6,470 |
Source: Ownwell