Knox County, Nebraska Property Taxes
Census Bureau ACS property tax data for Nebraska. Population: 2,542.
The median annual property tax in Knox County is $1,426, which is 28% lower than the Nebraska state average and 26% below the national average. The effective tax rate is 1.22% on a median home value of $116,900. Property taxes represent 2.2% of the median household income in this county.
Median Annual Tax
$1,426
-28% vs State
-26% vs US
Median Home Value
$116,900
-24% vs State
-45% vs US
Effective Tax Rate
1.22%
-5% vs State
+28% vs US
With vs Without Mortgage
With Mortgage
$1,488
$124/mo
Without Mortgage
$1,382
$115/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,426 +2.7% | 1.22% |
| 2022 | $1,388 +6.9% | 1.23% |
| 2021 | $1,299 +3.7% | 1.31% |
| 2020 | $1,253 -1.7% | 1.36% |
| 2019 | $1,275 | 1.33% |
Tax Burden
Tax-to-Income Ratio
2.2%
of median household income
Median Income
$64,821
per year
Monthly Tax
$119
per month
Other Counties in Nebraska
Otoe County
Tax: $2,658/yr Rate: 1.44%
Valley County
Tax: $1,897/yr Rate: 1.55%
Lancaster County
Tax: $4,055/yr Rate: 1.57%
Kimball County
Tax: $1,905/yr Rate: 1.73%
Platte County
Tax: $2,789/yr Rate: 1.34%
Garden County
Tax: $1,127/yr Rate: 1.18%
Frequently Asked Questions
What is the average property tax in Knox County, Nebraska? ▼
The median annual property tax in Knox County is $1,426 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.22% on a median home value of $116,900.
How does Knox County property tax compare to the national average? ▼
Property taxes in Knox County are 26% below the national average of $1,923. The effective rate of 1.22% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Knox County? ▼
In Knox County, homeowners with a mortgage pay a median of $1,488 in annual property taxes, while homeowners without a mortgage pay $1,382. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Knox County? ▼
Property taxes in Knox County represent approximately 2.2% of the median household income of $64,821. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.