Fordyce, Cedar County, Nebraska Property Taxes

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

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

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.88%

Estimate Property Tax Bill

$1,545

$1,434

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

Property Tax Rates Across Fordyce, 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 Fordyce Tax Rate

0.88%

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

In Fordyce, located in Cedar County, NE, 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 property tax bill. The median home price in Fordyce is $175,608, with property tax bills ranging significantly. For instance, the 25th percentile tax bill is $891, while the 75th percentile reaches $3,480, and the 90th percentile can be as high as $6,470. Despite the national median property tax bill being $2,400, Fordyce's median tax bill is notably lower, at $1,744. This can be advantageous for homeowners, but it still represents a significant expense. Factors such as property improvements and market changes can affect assessments and thus tax bills. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially reducing their tax burden. By analyzing assessments and ensuring accuracy, Ownwell can help homeowners save on their property tax bills.

Property Tax Bills Across Fordyce, Cedar County, Nebraska

Source: Ownwell

$285

$4,186

$8,087

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