Farnam, Dawson County, Nebraska Property Taxes
Property Taxes in Farnam, Nebraska
Median Farnam, Nebraska effective property tax rate: 0.98%, significantly lower than the national median of 1.02%, and lower than the Nebraska state median of 1.39%.
Median Farnam, Nebraska home value: $62,930
Median annual Farnam, Nebraska tax bill: $561, $1,839 lower than the national median property tax bill of $2,400.
How are property taxes in Dawson calculated?
Property taxes in Farnam, Nebraska 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 Farnam's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Farnam, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Farnam, Dawson County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.98%
Estimate Property Tax Bill
$617
$572
How Does the Farnam Property Tax Calculator Work?
Use this Farnam property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Farnam's median effective tax rate of 0.98% — based on actual property records in Dawson County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Farnam's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Farnam: rates are 0.98% in 69029, primarily due to differences in school district levies and local assessment districts. Farnam's rate is lower than Nebraska's 1.39% median property tax rate, and the typical bill of $561 is $1,839 lower than the state median.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Farnam.
About Farnam Property Taxes
About Property Taxes in Farnam, Dawson, Nebraska
Farnam’s median effective property tax rate of 0.98% is lower than the Nebraska state median of 1.39% and lower than the national median of 1.02%. This rate reflects the Dawson County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Farnam. Homeowners in the 69029 ZIP code carry a median effective rate of 0.98%, while those in the lowest ZIP also pay 0.98%. This spread reflects how school district boundaries and local assessment districts are drawn across Dawson County. Understanding which part of Farnam you live in can make a meaningful difference to your annual tax bill.
Farnam homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 30, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Farnam, Dawson County, Nebraska
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare FARNAM's effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.
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 Farnam Tax Rate
0.98%
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 Dawson County Tax Rate
1.28%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Farnam, Dawson County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69029 | 0.82% | 0.88% | 0.98% | 0.99% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Farnam, Dawson County, Nebraska
When examining property taxes in Farnam, 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 Dawson County assessor 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.
Assessment notices:
In Dawson County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of June.
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 Farnam.
For example, the median home price in Farnam is $62,930, with tax bills ranging significantly across the county. 69029 has the highest median home price at $62,930.
Property Tax Assessment Values Across Farnam, Dawson County, Nebraska
Source: Ownwell
$62,930
$271,893
$480,856
Median Farnam Market Value
$62,930
Median Dawson County Market Value
$132,155
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Farnam, Dawson County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69029 | $10,559 | $27,507 | $62,930 | $135,041 | $356,220 |
Source: Ownwell
Property Tax Bills Across Farnam, Dawson County, Nebraska
Property tax bills in Farnam are calculated by applying the local tax rate to a home's assessed value, which is based on the market value of the property. Local taxing authorities then use that assessed value to determine how much each homeowner owes for schools, county services, and other public needs. For a home with a median value of $62,930, the bill can vary depending on the assessment and the tax rate applied.
What homeowners pay can differ widely. The median tax bill in the area is $561.00, while the 25th percentile bill is $230 and the 75th percentile is $1,323. At the 90th percentile, bills reach $3,079, showing how much higher taxes can be for some properties. Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, Farnam homeowners often see lower bills, but the amount still depends on how accurately the home is assessed.
Median Farnam Tax Bill
$561
Median Dawson County Tax Bill
$1,732
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Farnam, Dawson County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69029 | $78 | $230 | $561 | $1,323 | $3,079 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Dawson Tax Assessor | |
| Website | dawson.gworks.com |