Edgar, Clay County, Nebraska Property Taxes

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

Median Edgar, NE effective property tax rate: 1.67%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%. Median Edgar, NE home value: $59,155. Median annual Edgar, NE tax bill: $883, $1,517 lower than the national median property tax bill of $2,400.

How are property taxes in Clay calculated?

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

Last Updated March 1, 2025

Edgar, Clay County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.67%

Estimate Property Tax Bill

$988

$917

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

Property Tax Rates Across Edgar, Clay County, Nebraska

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results 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. Below, you can compare Edgar’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S. Edgar, located in Clay County, has a median property tax rate of 1.67%, which stands out when compared to the national median property tax rate of 1.02%. This suggests that property owners in Edgar might experience higher tax burdens compared to other parts of the country. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively. Whether you're considering an appeal or exploring exemptions, knowing your local property tax landscape is essential.

Property Tax Rates Across Edgar, Clay County, Nebraska

Source: Ownwell

1.05%

1.68%

2.31%

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 Edgar Tax Rate

1.67%

Median Effective Clay County Tax Rate

1.67%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Edgar, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68935	1.10%	1.67%	1.67%	1.67%	1.67%

Source: Ownwell

Property Tax Assessment Values Across Edgar, Clay County, Nebraska

When examining property taxes in Edgar, 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 Clay 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.

In Clay 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 Edgar.

For example, the median home price in Edgar is $59,155, with tax bills ranging significantly across the county. The zip code 68935 has the highest median home price at $59,155.

Property Tax Assessment Values Across Edgar, Clay County, Nebraska

Source: Ownwell

$15,670

$94,923

$174,175

Median Edgar Market Value

$59,155

Median Clay County Market Value

$85,465

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Edgar, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68935	$5,140	$19,094	$59,155	$128,139	$284,781

Source: Ownwell

Property Tax Bills Across Edgar, Clay County, Nebraska

In Edgar, located in Clay County, NE, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price is $59,155, significantly lower than the national median. This lower home value results in property tax bills that vary widely across percentiles. For instance, the tax bill at the 25th percentile is $259, while at the 75th percentile, it reaches $1,925. At the 90th percentile, homeowners may pay as much as $3,874. The highest median tax bill in the area is $883, which is consistent across the zip code 68935. Homeowners in Edgar can benefit from appealing their property tax assessments, especially when discrepancies in assessed value are identified. Ownwell offers expert property tax appeal services, which can help homeowners potentially lower their tax bills by ensuring their property is fairly assessed. By leveraging local market data and expertise, Ownwell can identify opportunities for savings, making the property tax process less burdensome for residents.

Property Tax Bills Across Edgar, Clay County, Nebraska

Source: Ownwell

$239

$1,051

$1,862

Median Edgar Tax Bill

$883

Median Clay County Tax Bill

$1,360

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Edgar, Clay County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68935	$69	$259	$883	$1,925	$3,874

Source: Ownwell