Edgar, Nuckolls County, Nebraska Property Taxes
Median Edgar, NE effective property tax rate: 1.08%, slightly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Edgar, NE home value: $404,230
Median annual Edgar, NE tax bill: $4,053, $1,653 higher than the national median property tax bill of $2,400.
How are property taxes in Nuckolls County calculated?
Property taxes in Edgar, 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 Edgar’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Edgar, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Edgar, Nuckolls County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.08%
Estimate Property Tax Bill
$4,366
$4,051
Property Tax Rates Across Edgar, Nuckolls County, Nebraska
Local government entities are responsible for setting tax rates, which can vary widely within Nebraska. Each year, counties estimate their budgetary needs to provide essential services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While there are votes and regulations involved in setting these rates and budgets, this is essentially the annual process.
In Edgar, located in Nuckolls County, the effective property tax rate is a reflection of this calculation. When comparing Edgar’s rate to other cities in Nebraska, it aligns with the state’s median property tax rate of 1.08%, which is slightly above the national median of 1.02%. This places Edgar’s property tax rate at a competitive level within the state. For homeowners, understanding these rates is crucial for financial planning, as property taxes can significantly impact annual expenses. By appealing property tax assessments or seeking exemptions, residents can potentially reduce their tax burden, making it important to stay informed and proactive about local property tax trends.
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 Edgar Tax Rate
1.08%
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 Nuckolls County Tax Rate
1.58%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Edgar, Nuckolls County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68935 | 0.80% | 0.81% | 1.08% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Edgar, Nuckolls County, Nebraska
When examining property taxes in Edgar, 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 Nuckolls 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 Nuckolls 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 Edgar. For example, the median home price in Edgar is $404,230, with tax bills ranging significantly across the county. Zip code 68935 has the highest median home price at $404,230.
Property Tax Assessment Values Across Edgar, Nuckolls County, Nebraska
Source: Ownwell
$24,070
$214,150
$404,230
Median Edgar Market Value
$404,230
Median Nuckolls County Market Value
$44,235
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Edgar, Nuckolls County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68935 | $98,950 | $175,778 | $404,230 | $672,560 | $824,518 |
Source: Ownwell
Property Tax Bills Across Edgar, Nuckolls County, Nebraska
In Edgar, located in Nuckolls County, NE, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in the area is $404,230. Homeowners in Edgar can expect their property tax bills to vary significantly, with some paying as low as $1,688, while others face bills as high as $7,196. The median tax bill in Edgar stands at $4,053, which is notably higher than the national median of $2,400. This discrepancy highlights the financial burden property taxes can impose on homeowners in this region.
Several factors influence the tax bill, including the assessed value of the property and the local tax rate. High property taxes can strain household budgets, making it essential for homeowners to seek ways to reduce their bills. Ownwell offers services to help homeowners in Edgar lower their property tax bills by appealing assessments and identifying potential exemptions. By leveraging Ownwell's expertise, homeowners can potentially achieve significant savings, easing the financial impact of property taxes.
Median Edgar Tax Bill
$4,053
Median Nuckolls County Tax Bill
$697
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Edgar, Nuckolls County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68935 | $986 | $1,688 | $4,053 | $5,675 | $7,196 |
Source: Ownwell