Arapahoe, Gosper County, Nebraska Property Taxes
Median Arapahoe, NE effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Arapahoe, NE home value: $234,963
Median annual Arapahoe, NE tax bill: $2,687, $287 higher than the national median property tax bill of $2,400.
How are property taxes in Gosper calculated?
Property taxes in Arapahoe, 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 Arapahoe’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Arapahoe, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Arapahoe, Gosper County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.19%
Estimate Property Tax Bill
$2,796
$2,595
Property Tax Rates Across Arapahoe, Gosper County, Nebraska
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and then divide that by the total assessed value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is the general process followed annually.
In Arapahoe, located in Gosper County, Nebraska, the effective property tax rate is an essential consideration for homeowners. When compared to other cities in Nebraska, Arapahoe's rate offers insight into the local tax landscape. Nebraska's median property tax rate is higher than the national median of 1.02%, reflecting the state's approach to funding local services through property taxes. Understanding how Arapahoe's rate compares to both the state and national medians can help property owners make informed decisions. While the local rate is a crucial factor, it is essential to consider the quality of services provided in return for these taxes.
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 Arapahoe Tax Rate
1.19%
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 Gosper County Tax Rate
1.11%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Arapahoe, Gosper County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68922 | 1.17% | 1.19% | 1.19% | 1.21% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Arapahoe, Gosper County, Nebraska
When examining property taxes in Arapahoe, 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 Gosper 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 Gosper 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 Arapahoe.
For example, the median home price in Arapahoe is $234,963, with tax bills ranging significantly across the county. Zip code 68922 has the highest median home price at $234,963.
Property Tax Assessment Values Across Arapahoe, Gosper County, Nebraska
Source: Ownwell
$67,985
$197,619
$327,252
Median Arapahoe Market Value
$234,963
Median Gosper County Market Value
$179,048
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Arapahoe, Gosper County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68922 | $44,494 | $127,555 | $234,963 | $481,129 | $865,641 |
Source: Ownwell
Property Tax Bills Across Arapahoe, Gosper County, Nebraska
In Arapahoe, located in Gosper County, Nebraska, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price is $234,963, and the property tax rate influences how much homeowners pay annually. The tax bill can range significantly, with the 25th percentile at $1,519 and the 75th percentile reaching $5,525. For those at the 90th percentile, the tax bill can be as high as $9,925, which is considerably higher than the national median property tax bill of $2,400. These figures reflect how property taxes can impact homeowners by varying widely based on property value and location.
Ownwell can assist homeowners in reducing their property tax bills by providing expert property tax appeal and exemption services. By analyzing your property’s assessed value and comparing it to similar properties, Ownwell identifies opportunities for savings. This targeted approach can help homeowners in Arapahoe potentially lower their tax obligations, ensuring they are not overpaying and are aligned with fair market assessments.
Median Arapahoe Tax Bill
$2,687
Median Gosper County Tax Bill
$2,112
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Arapahoe, Gosper County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68922 | $879 | $1,519 | $2,687 | $5,525 | $9,925 |
Source: Ownwell