Trumbull, Adams County, Nebraska Property Taxes
Median Trumbull, NE effective property tax rate: 1.46%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Trumbull, NE home value: $197,284
Median annual Trumbull, NE tax bill: $2,859, $459 higher than the national median property tax bill of $2,400.
How are property taxes in Adams County calculated?
Property taxes in Trumbull, 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 Trumbull’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Trumbull, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Trumbull, Adams County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.46%
Estimate Property Tax Bill
$2,880
$2,673
Property Tax Rates Across Trumbull, Adams County, Nebraska
Local government entities determine property tax rates, which can differ significantly within a state. This variation arises because each county calculates its necessary budget for services annually and divides it by the total assessed value of all taxable property within its jurisdiction. This process results in the property tax rate. While voting and legislation play roles in setting these rates and budgets, this calculation is the core of the annual process.
In Trumbull, located in Adams County, Nebraska, property tax rates reflect this method. By comparing Trumbull’s effective property tax rate to other cities in Nebraska, as well as to the median property tax rates in Nebraska and across the U.S., you can gain insight into how local rates stack up. Nebraska's median property tax rate is notably higher than the national median of 1.02%, which can impact property owners in different ways. Understanding these rates is crucial for property owners who want to ensure they are not overpaying on their property taxes.
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 Trumbull Tax Rate
1.46%
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 Adams County Tax Rate
2.25%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Trumbull, Adams County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68980 | 1.28% | 1.28% | 1.46% | 1.46% | 1.46% |
Source: Ownwell
Property Tax Assessment Values Across Trumbull, Adams County, Nebraska
When examining property taxes in Trumbull, 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 Adams County Assessor's Office 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 Adams 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 Trumbull. For example, the median home price in Trumbull is $197,284, with tax bills ranging significantly across the county. Zip code 68980 has the highest median home price at $197,284.
Property Tax Assessment Values Across Trumbull, Adams County, Nebraska
Source: Ownwell

$56,732
$296,748
$536,763
Median Trumbull Market Value
$197,284
Median Adams County Market Value
$124,114
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Trumbull, Adams County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68980 | $107,285 | $137,829 | $197,284 | $304,385 | $820,861 |
Source: Ownwell
Property Tax Bills Across Trumbull, Adams County, Nebraska
Median Trumbull Tax Bill
$2,859
Median Adams County Tax Bill
$2,530
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Trumbull, Adams County, Nebraska
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
68980 | $1,292 | $2,003 | $2,859 | $4,423 | $9,996 |
Source: Ownwell