Clarks, Merrick County, Nebraska Property Taxes

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

Median Clarks, NE effective property tax rate: 0.93%, significantly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Clarks, NE home value: $164,950
Median annual Clarks, NE tax bill: $1,850, $550 lower than the national median property tax bill of $2,400.

How are property taxes in Merrick calculated?

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

Last Updated March 1, 2025

Clarks, Merrick County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.93%

Estimate Property Tax Bill

$1,534

$1,424

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

Property Tax Rates Across Clarks, Merrick County, Nebraska

Local government entities in Clarks, located in Merrick County, Nebraska, set property tax rates that can vary significantly within the state. Each county annually estimates its budget to provide essential services and divides that by the total value of all taxable property within its boundaries. This calculation determines the property tax rate. Though votes and laws play a role in setting these rates and budgets, this is the basic annual process.

In Clarks, the effective property tax rate stands at 0.93%, which aligns with the highest and lowest median tax rates in Nebraska. This rate is slightly below the national median property tax rate of 1.02%. Nebraska's median property tax bill is also lower than the national median of $2,400. This comparison highlights Clarks' relatively modest property tax burden, offering a favorable environment for property owners. By understanding these rates, property owners can make informed decisions and potentially benefit from appealing their property tax assessments.

Property Tax Rates Across Clarks, Merrick County, Nebraska

Source: Ownwell

0.93%

1.43%

1.94%

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 Clarks Tax Rate

0.93%

Median Effective Merrick County Tax Rate

1.28%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Clarks, Merrick County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68628	0.92%	0.93%	0.93%	1.42%	1.42%

Source: Ownwell

Property Tax Assessment Values Across Clarks, Merrick County, Nebraska

When examining property taxes in Clarks, 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 Merrick 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.

Assessment notices in Merrick County 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 Clarks. For example, the median home price in Clarks is $164,950, with tax bills ranging significantly across the county. Zip code 68628 has the highest median home price at $164,950.

Property Tax Assessment Values Across Clarks, Merrick County, Nebraska

Source: Ownwell

$80,835

$146,753

$212,670

Median Clarks Market Value

$164,950

Median Merrick County Market Value

$135,822

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Clarks, Merrick County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68628	$21,884	$64,100	$164,950	$350,315	$554,125

Source: Ownwell

Property Tax Bills Across Clarks, Merrick County, Nebraska

In Clarks, Merrick County, NE, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, and the local tax rate is set by various taxing authorities. Homeowners in Clarks face a median property tax bill of $1,850, which is below the national median of $2,400. Factors influencing the tax bill include the property's assessed value, local tax rates, and applicable exemptions. With a median home price of $164,950, homeowners may find their tax bills manageable, but they can still benefit from potential savings. Ownwell assists homeowners by identifying opportunities for appealing their property's assessed value or securing exemptions. By leveraging local expertise and a deep understanding of tax regulations, Ownwell helps homeowners reduce their property tax liabilities, ensuring they pay only what's necessary. This service is invaluable in helping homeowners manage costs and maximize savings on their property tax bills.

Property Tax Bills Across Clarks, Merrick County, Nebraska

Source: Ownwell

$1,170

$1,860

$2,550

Median Clarks Tax Bill

$1,850

Median Merrick County Tax Bill

$1,907

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Clarks, Merrick County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68628	$232	$779	$1,850	$3,350	$5,159

Source: Ownwell