Clarks, Nance County, Nebraska Property Taxes

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

Median Clarks, NE effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Clarks, NE home value: $429,445
Median annual Clarks, NE tax bill: $4,314, $1,914 higher than the national median property tax bill of $2,400.

How are property taxes in Nance 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, Nance County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

Estimate Property Tax Bill

$4,294

$3,985

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 Nance County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Clarks, Nance County, Nebraska

Local government entities set property tax rates, leading to significant variation within a state. This occurs because each county annually estimates its budget requirements for services and divides this figure by the total assessed value of all taxable property in its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core process each year.

In Clarks, located in Nance County, Nebraska, the effective property tax rate can be compared to other cities in the state, as well as the median rates in Nebraska and across the U.S. Nebraska's median property tax rate is slightly below the national median of 1.02%. This comparison provides valuable insights into how property taxes in Clarks align with broader trends. Understanding these differences helps property owners make informed decisions about their property investments and potential tax liabilities, ensuring they are well-prepared for any financial obligations.

Property Tax Rates Across Clarks, Nance County, Nebraska

Source: Ownwell

1.05%

1.47%

1.88%

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

1.00%

Median Effective Nance County Tax Rate

1.73%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Clarks, Nance County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68628	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Clarks, Nance 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 Nance 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 Nance 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 Clarks. For example, the median home price in Clarks is $429,445, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Clarks, Nance County, Nebraska

Source: Ownwell

$42,050

$217,848

$393,645

Median Clarks Market Value

$429,445

Median Nance County Market Value

$104,025

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Clarks, Nance County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68628	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Clarks, Nance County, Nebraska

In Clarks, located in Nance County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is a percentage of the market value of the property. Homeowners in Clarks face a median property tax bill of $4,314, significantly higher than the national median of $2,400. This disparity highlights the potential financial burden on homeowners in the area. The property tax rate in Clarks is notably influenced by local government budgets and the need to fund public services such as schools and infrastructure. Homeowners looking to reduce their property tax bills can benefit from appealing their assessments, especially if they believe their property's assessed value is higher than its market value. Ownwell offers expertise in navigating property tax appeals and exemption services, helping homeowners potentially save on their tax bills by ensuring they are not over-assessed. Our team provides guidance and representation, making the process more manageable and less daunting for homeowners.

Property Tax Bills Across Clarks, Nance County, Nebraska

Source: Ownwell

$508

$2,366

$4,224

Median Clarks Tax Bill

$4,314

Median Nance County Tax Bill

$1,688

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Clarks, Nance County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68628	N/A	N/A	N/A	N/A	N/A

Source: Ownwell