Trumbull, Hall County, Nebraska Property Taxes

Name: Property Tax Bills Across Trumbull, Hall County, Nebraska
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Trumbull, NE effective property tax rate: 1.39%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Trumbull, NE home value: $416,475
Median annual Trumbull, NE tax bill: $7,376, $4,976 higher than the national median property tax bill of $2,400.

How are property taxes in Hall 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, Hall County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.39%

Estimate Property Tax Bill

$5,789

$5,372

Ownwell’s Trumbull Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Trumbull with just two data points. By entering your property's estimated assessed value, our calculator applies Trumbull’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Hall County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Trumbull, Hall County, Nebraska

Local government entities set tax rates, which can vary widely within a state. 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 Trumbull’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.

Trumbull, located in Adams County, Nebraska, features an effective property tax rate that stands out when compared to both state and national figures. Nebraska's median property tax rate surpasses the national median, indicating a higher tax burden for property owners in the state. This is partly because each county, including Adams County, determines its tax rate based on its unique budgetary needs and the total assessed value of properties. Consequently, property owners in Trumbull may find themselves paying more in property taxes than the average U.S. homeowner, reflecting the broader trend within Nebraska. Understanding these local variations is crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Trumbull, Hall County, Nebraska

Source: Ownwell

1.24%

1.51%

1.78%

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

1.39%

Median Effective Hall County Tax Rate

1.65%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Trumbull, Hall County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68980	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Trumbull, Hall 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 Hall 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 Hall 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 $416,475, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Trumbull, Hall County, Nebraska

Source: Ownwell

$88,658

$202,440

$316,221

Median Trumbull Market Value

$416,475

Median Hall County Market Value

$168,820

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Trumbull, Hall County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68980	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Trumbull, Hall County, Nebraska

In Trumbull, Nebraska, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. This value is then multiplied by the local tax rate to calculate the annual tax bill. The median home price in Trumbull is $416,475, which typically results in a tax bill significantly higher than the national median of $2,400. Homeowners in Trumbull can expect tax bills ranging from $6,543 at the 25th percentile to $11,116 at the 90th percentile, reflecting the substantial impact of property taxes on household budgets. Factors considered in these calculations include property characteristics and local government budgets. For homeowners looking to reduce their property tax burden, Ownwell offers strategic appeal and exemption services. By analyzing individual property assessments and identifying discrepancies or opportunities for exemptions, Ownwell can help homeowners potentially lower their tax bills, ensuring they pay only their fair share. This proactive approach can lead to significant savings over time.

Property Tax Bills Across Trumbull, Hall County, Nebraska

Source: Ownwell

$1,013

$2,626

$4,239

Median Trumbull Tax Bill

$7,376

Median Hall County Tax Bill

$2,705

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Trumbull, Hall County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68980	N/A	N/A	N/A	N/A	N/A

Source: Ownwell