Property Tax & Income in Colfax County, Nebraska
Colfax County has an effective property tax rate of 1.18%. On the median home value of $144,700, that's roughly $1,710 per year. Median household income is $82,530.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Colfax County | Nebraska (state context) |
|---|---|---|
| Effective property tax rate1 | 1.18% | 1.27% |
| Median home value1 | $144,700 | — |
| State income tax3 | top rate 4.55% | top rate 4.55% |
| State sales tax3 | 6.98% combined | 6.98% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Colfax County, NE
Buying a home in Colfax County costs far less than in much of Nebraska, and the tax bill follows suit. With a median home value of $144,700, the median annual property tax comes to $1,710, based on an effective rate of 1.182%. That rate sits below Nebraska's statewide median of 1.267% and places the county 56th among the state's 93 counties. Nationally, though, it remains above the 0.794% median. Affordability here looks stronger than the tax rate alone implies: median household income reaches $82,530, while per-capita income is $33,388. Towns like Clarkson, Howells, and Leigh anchor the county, offering small-town living at price points well under what larger metros demand. For a buyer weighing taxes against purchase price, Colfax County pairs inexpensive housing stock with a rate that undercuts most of its Nebraska peers.