Property Tax & Income in Knox County, Nebraska
Knox County has an effective property tax rate of 1.15%. On the median home value of $127,700, that's roughly $1,472 per year. Median household income is $64,636.
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 | Knox County | Nebraska (state context) |
|---|---|---|
| Effective property tax rate1 | 1.15% | 1.27% |
| Median home value1 | $127,700 | — |
| 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 Knox County, NE
Knox County’s effective property tax rate of 1.153% sits below Nebraska’s statewide median of 1.267%, placing it 64th among the state’s 93 counties. Against the national median of 0.794%, however, the county’s rate runs noticeably higher. That gap reflects a broader pattern across Nebraska, where property taxes tend to outpace much of the country. On a median home value of $127,700, the annual real-estate tax bill comes to about $1,472. With median household income at $64,636 and per-capita income of $33,627, that bill amounts to roughly 2.3% of a typical household’s yearly earnings. Communities such as Bloomfield, Center, and Niobrara anchor the county, which remains more affordable on property taxes than many of its Nebraska peers even as it exceeds the national benchmark.