Arcadia, Custer County, Nebraska Property Taxes
Median Arcadia, NE effective property tax rate: 1.43%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Arcadia, NE home value: $414,686
Median annual Arcadia, NE tax bill: $5,717, $3,317 higher than the national median property tax bill of $2,400.
How are property taxes in Custer County calculated?
Property taxes in Arcadia, 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 Arcadia’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Arcadia, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Arcadia, Custer County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.43%
Estimate Property Tax Bill
$5,930
$5,503
Property Tax Rates Across Arcadia, Custer County, Nebraska
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide 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, this is the annual process in a nutshell.
In Arcadia, situated in Custer County, Nebraska, the effective property tax rate is reflective of the local government's budgetary needs and the total value of taxable property. Nebraska's median property tax rate stands at 1.43%, which is notably higher than the national median of 1.02%. This difference highlights the variability in tax rates across different states and regions. By comparing Arcadia's effective property tax rate to other cities within Nebraska and the national average, property owners can gain a clearer perspective on their tax obligations.
Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively. Whether you're considering an appeal or looking for exemptions, being informed about local tax rates and how they compare to broader averages can guide you in making more informed financial decisions.
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 Arcadia Tax Rate
1.43%
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 Custer County Tax Rate
1.38%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Arcadia, Custer County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68815 | 1.19% | 1.20% | 1.43% | 1.50% | 1.51% |
Source: Ownwell
Property Tax Assessment Values Across Arcadia, Custer County, Nebraska
When examining property taxes in Arcadia, 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 Custer 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 Custer 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 Arcadia. For example, the median home price in Arcadia is $414,686, with tax bills ranging significantly across the county. Zip code 68815 has the highest median home price at $414,686.
Property Tax Assessment Values Across Arcadia, Custer County, Nebraska
Source: Ownwell
$45,774
$230,230
$414,686
Median Arcadia Market Value
$414,686
Median Custer County Market Value
$99,711
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Arcadia, Custer County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68815 | $248,013 | $319,901 | $414,686 | $586,820 | $683,392 |
Source: Ownwell
Property Tax Bills Across Arcadia, Custer County, Nebraska
In Arcadia, located in Custer County, NE, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is usually a percentage of the property's market value. In Arcadia, homeowners face a median property tax bill of $5,717, which is significantly higher than the national median of $2,400. This discrepancy can be attributed to the local tax rate and the assessed values in the region. Factors such as property size, location, and improvements contribute to the assessed value, impacting the tax bill.
Homeowners in Arcadia face varying tax bills, with the 25th percentile at $4,083 and the 75th percentile at $6,975, indicating a wide range of tax burdens. To alleviate this financial strain, Ownwell offers property tax appeal services that can help reduce these bills. By evaluating the assessed value and presenting a case for a reduction, Ownwell can assist homeowners in potentially lowering their tax obligations, providing much-needed relief in a region with relatively high property tax bills.
Median Arcadia Tax Bill
$5,717
Median Custer County Tax Bill
$1,435
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Arcadia, Custer County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68815 | $3,217 | $4,083 | $5,717 | $6,975 | $8,855 |
Source: Ownwell