Obert, Cedar County, Nebraska Property Taxes
Median OBERT, NE effective property tax rate: 1.10%, slightly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median OBERT, NE home value: $26,502
Median annual OBERT, NE tax bill: $285, $2,115 lower than the national median property tax bill of $2,400.
How are property taxes in Cedar calculated?
Property taxes in OBERT, 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 OBERT’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in OBERT, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Obert, Cedar County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.1%
Estimate Property Tax Bill
$292
$271
Property Tax Rates Across Obert, Cedar County, Nebraska
Local government entities determine tax rates, which can differ significantly within a state. This variation arises because each county, including OBERT in Cedar, annually calculates its budgetary needs to provide essential services. They then divide this budget by the total value of all taxable property within the county, resulting in the property tax rate. Although the process involves votes and legal regulations, this is the core method used each year.
In OBERT, the effective property tax rate can be compared to other cities in Nebraska, as well as the median property tax rates in both Nebraska and the U.S. OBERT's property tax rate is notably aligned with the state median, which stands at 1.10%, slightly above the national median of 1.02%. This comparison highlights the relative tax burden on property owners in OBERT compared to other regions. Understanding these rates can empower property owners to make informed decisions about property tax appeals and exemptions, potentially reducing their financial obligations.
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 Obert Tax Rate
1.10%
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 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 Obert, Cedar County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68757 | 0.88% | 1.10% | 1.10% | 1.10% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Obert, Cedar County, Nebraska
When examining property taxes in OBERT, 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 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 OBERT. For example, the median home price in OBERT is $26,502, with tax bills ranging significantly across the county. Zip code 68757 has the highest median home price at $26,502.
Property Tax Assessment Values Across Obert, Cedar County, Nebraska
Source: Ownwell
$19,625
$326,684
$633,742
Median Obert Market Value
$26,502
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 Obert, Cedar County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68757 | $6,568 | $15,591 | $26,502 | $39,331 | $151,951 |
Source: Ownwell
Property Tax Bills Across Obert, Cedar County, Nebraska
Median Obert Tax Bill
$285
Median Cedar County Tax Bill
$1,639
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Obert, Cedar County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68757 | $69 | $162 | $285 | $466 | $1,426 |
Source: Ownwell