Property Tax & Income in Furnas County, Nebraska
Furnas County has an effective property tax rate of 1.38%. On the median home value of $98,400, that's roughly $1,353 per year. Median household income is $61,048.
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 | Furnas County | Nebraska (state context) |
|---|---|---|
| Effective property tax rate1 | 1.38% | 1.27% |
| Median home value1 | $98,400 | — |
| 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 Furnas County, NE
Buying a home in Furnas County means weighing a low purchase price against a somewhat higher tax rate. The median home value here is $98,400, and the median annual property tax bill comes to $1,353, based on an effective rate of 1.375%. That rate sits above Nebraska's statewide median of 1.267% and ranks 28th among the state's 93 counties. Even so, the tax bill stays modest in dollar terms because home prices are so affordable. Arapahoe, the largest town in the county, along with Beaver City and Edison, anchors a rural market where a household earning the median income of $61,048 would devote a small share of earnings to property taxes. Per-capita income is $33,240. Nationally, the median effective rate is 0.794%, so buyers here pay proportionally more than the average American homeowner, though the low sticker price keeps total costs down.