Niobrara, Knox County, Nebraska Property Taxes

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

Median Niobrara, NE effective property tax rate: 1.13%, slightly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Niobrara, NE home value: $78,790
Median annual Niobrara, NE tax bill: $1,065, $1,335 lower than the national median property tax bill of $2,400.

How are property taxes in Knox County calculated?

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

Last Updated March 1, 2025

Niobrara, Knox County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.13%

Estimate Property Tax Bill

$890

$826

Ownwell’s Niobrara Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Niobrara with just two data points.

By entering your property's estimated assessed value, our calculator applies Niobrara’s 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 Knox County.

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

Property Tax Rates Across Niobrara, Knox County, Nebraska

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties like Knox estimate their budgetary needs for public services and divide this by the total assessed value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Despite the involvement of votes and laws in setting these rates and budgets, this is the fundamental annual process.

You can compare Niobrara’s effective property tax rate with other cities in Nebraska, as well as with state and national median property tax rates. In Nebraska, the median property tax rate is slightly above the national median of 1.02%, reflecting the state's approach to funding essential services. Understanding these rates can help property owners in Niobrara make informed decisions about their tax obligations and potential savings through appeals or exemptions. By staying informed, property owners can better navigate the complexities of property taxes and potentially reduce their financial burden.

Property Tax Rates Across Niobrara, Knox County, Nebraska

Source: Ownwell

1.13%

1.45%

1.77%

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 Niobrara Taxx Rate

1.13%

Median Effective Knox County Taxx Rate

1.28%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Niobrara, Knox County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68760	0.94%	1.13%	1.13%	1.72%	1.72%

Source: Ownwell

Property Tax Assessment Values Across Niobrara, Knox County, Nebraska

When examining property taxes in Niobrara, 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 Knox County Assessor 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 Knox 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 Niobrara. For example, the median home price in Niobrara is $78,790, with tax bills ranging significantly across the county. Zip code 68760 has the highest median home price at $78,790.

Property Tax Assessment Values Across Niobrara, Knox County, Nebraska

Source: Ownwell

$45,555

$180,993

$316,430

Median Niobrara Market Value

$78,790

Median Knox County Market Value

$96,140

Median Nebraska Market Value

$182,439

Median United States Market Value

$244,900

Property Tax Assessment Values Across Niobrara, Knox County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68760	$13,375	$46,692	$78,790	$150,658	$273,810

Source: Ownwell

Property Tax Bills Across Niobrara, Knox County, Nebraska

In Niobrara, located in Knox County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local property tax rate to calculate the tax bill. In this region, the median home price is $78,790, which influences the property tax bill homeowners face. For instance, the median property tax bill in Niobrara is $1,065, which is notably lower than the national median property tax bill of $2,400. However, tax bills can vary significantly, with the 25th percentile at $509 and the 90th percentile reaching up to $3,132. These variations depend on factors such as property location, size, and improvements. Homeowners in Niobrara can benefit from appealing their property tax assessments to potentially lower their tax bills. Ownwell offers expert services to assist homeowners in this process, helping them navigate the complexities of property tax appeals and exemptions to achieve potential savings.

Property Tax Bills Across Niobrara, Knox County, Nebraska

Source: Ownwell

$615

$2,081

$3,546

Median Niobrara Tax Bill

$1,065

Median Knox County Tax Bill

$1,362

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,690

Property Tax Bills Across Niobrara, Knox County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68760	$124	$509	$1,065	$1,794	$3,132

Source: Ownwell