Kimball County Property Taxes
The median property tax rate in Kimball County is 2.01%, significantly higher than both the national median of 0.99% and Nebraska's state median of 1.75%. With a median home value of $75,570, the typical annual property tax bill in Kimball County reaches $1,418, which is below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Kimball County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Kimball or another part of Kimball County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kimball County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.01%
Estimate Property Tax Bill
$1,519
Ownwell’s Kimball County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Kimball County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Kimball County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Kimball County, Nebraska
Property taxes in Kimball County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Kimball County is 2.01%, which is higher than both the Nebraska state median and the U.S. national median of 0.99%. Local government entities within Kimball County set these rates annually, and they can vary significantly between different areas within the county. Each year, Kimball County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Kimball County's effective property tax rate with other counties in Nebraska and the national median. For comparison, the city of Kimball has one of the higher property tax rates in Nebraska at 2.01%, while the city of Potter boasts one of the lowest at 1.39%. Analyzing how Kimball County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Kimball County Tax Rate
2.01%
Average Nebraska Tax Rate
1.75%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kimball County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bushnell | 1.59% | 1.60% | 1.61% | 2.06% | 2.06% |
| Dix | 1.39% | 1.41% | 1.86% | 1.86% | 1.86% |
| Kimball | 1.58% | 1.59% | 2.01% | 2.01% | 2.01% |
| Pine Bluffs | 1.59% | 1.60% | 1.61% | 1.61% | 1.61% |
| Potter | 1.39% | 1.39% | 1.39% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Kimball County, Nebraska
In Kimball County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Kimball County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Kimball County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Pine Bluffs has the highest median tax bill in the county at $2,602, while Dix has the lowest at $1,069. Being aware of these valuation processes in Kimball County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Kimball County, Nebraska
Source: Ownwell
$60,408
$117,407
$174,405
Average Kimball County Assessed Value
$75,570
Average Nebraska Assessed Value
$182,439
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kimball County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bushnell | $10,840 | $27,481 | $60,408 | $165,285 | $306,762 |
| Dix | $11,303 | $28,924 | $64,878 | $135,410 | $265,010 |
| Kimball | $20,250 | $44,970 | $77,755 | $116,312 | $190,950 |
| Pine Bluffs | $97,800 | $127,130 | $161,190 | $193,348 | $308,590 |
| Potter | $80,976 | $130,780 | $174,405 | $251,640 | $356,064 |
Source: Ownwell
Property Tax Bills Across Kimball County, Nebraska
In Kimball County, NE, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor's office. This assessed value is a percentage of the market value of the home. The local tax rate is then applied to this assessed value to determine the annual property tax bill. Several factors influence the assessed value, including the property's size, location, and condition. For instance, a median home price in Kimball County is $75,570. The tax bills can vary significantly, with the 25th percentile at $735 and the 75th percentile reaching $2,250. At the higher end, the 90th percentile tax bill is $3,722. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting homeowners' finances. Compared to the national median property tax rate of 0.99%, Kimball County's rates can place a considerable burden on homeowners, especially those with higher-valued properties.
Average Kimball County Tax Bill
$1,418
Average Nebraska Tax Bill
$3,071
Average United States Tax Bill
$2,690
Property Tax Bills Across Kimball County, Nebraska
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bushnell | $210 | $500 | $1,153 | $3,043 | $4,979 |
| Dix | $143 | $507 | $1,069 | $2,199 | $3,850 |
| Kimball | $312 | $814 | $1,470 | $2,189 | $3,493 |
| Pine Bluffs | $1,579 | $2,050 | $2,602 | $3,090 | $4,195 |
| Potter | $1,135 | $1,822 | $2,419 | $3,488 | $4,952 |
Source: Ownwell