Cambridge, Frontier County, Nebraska Property Taxes

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

Median Cambridge, NE effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Cambridge, NE home value: $209,442
Median annual Cambridge, NE tax bill: $1,538, $862 lower than the national median property tax bill of $2,400.

How are property taxes in Frontier calculated?

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

Last Updated March 1, 2025

Cambridge, Frontier County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.75%

Estimate Property Tax Bill

$1,571

$1,458

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

Property Tax Rates Across Cambridge, Frontier 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 Cambridge’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.

Property Tax Rates Across Cambridge, Frontier County, Nebraska

Source: Ownwell

0.75%

1.17%

1.60%

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 Cambridge Tax Rate

0.75%

Median Effective Frontier County Tax Rate

1.50%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cambridge, Frontier County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
69022	0.59%	0.74%	0.75%	0.81%	0.93%

Source: Ownwell

Property Tax Assessment Values Across Cambridge, Frontier County, Nebraska

When examining property taxes in Cambridge, 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 Frontier 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 Frontier 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 Cambridge.

For example, the median home price in Cambridge is $209,442, with tax bills ranging significantly across the county. Zip code 69022 has the highest median home price at $209,442.

Property Tax Assessment Values Across Cambridge, Frontier County, Nebraska

Source: Ownwell

$16,836

$113,139

$209,442

Median Cambridge Market Value

$209,442

Median Frontier County Market Value

$86,548

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cambridge, Frontier County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
69022	$118,316	$166,566	$209,442	$221,482	$249,698

Source: Ownwell

Property Tax Bills Across Cambridge, Frontier County, Nebraska

In Cambridge, Nebraska, property tax bills are determined by assessing the market value of a property and applying the local tax rate. With a median home price of $209,442, homeowners in Cambridge face property tax bills that vary significantly. The 25th percentile tax bill is $986, indicating that lower-valued homes face relatively modest tax obligations. Meanwhile, at the higher end, the 90th percentile tax bill reaches $2,190, reflecting the burden on more expensive properties. The median tax bill in the area is $1,538, which is below the national median property tax bill of $2,400. This suggests that, while property taxes in Cambridge are more affordable than in many parts of the country, they can still represent a significant expense for homeowners. Ownwell offers valuable assistance to homeowners by ensuring they are not overpaying on their property taxes. By leveraging expert knowledge and local data, Ownwell can help identify potential savings through appeals and exemptions, ultimately reducing the financial burden on property owners.

Property Tax Bills Across Cambridge, Frontier County, Nebraska

Source: Ownwell

$244

$891

$1,538

Median Cambridge Tax Bill

$1,538

Median Frontier County Tax Bill

$1,097

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Cambridge, Frontier County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
69022	$434	$986	$1,538	$1,785	$2,190

Source: Ownwell