Kimball, Kimball County, Nebraska Property Taxes
Median Kimball, NE effective property tax rate: 2.01%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Kimball, NE home value: $77,755
Median annual Kimball, NE tax bill: $1,470, $930 lower than the national median property tax bill of $2,400.
How are property taxes in Kimball calculated?
Property taxes in Kimball, 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 Kimball’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kimball, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Kimball, Kimball County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.01%
Estimate Property Tax Bill
$1,563
$1,450
Property Tax Rates Across Kimball, Kimball County, Nebraska
Local government entities are responsible for setting property tax rates, which can vary significantly within Nebraska. This variation occurs because each county annually estimates its budget needs for public services and divides this amount by the total value of all taxable properties in the area, resulting in the property tax rate. While the process involves votes and legal considerations, this is essentially how the rates are determined each year.
In Kimball, located in Kimball County, the effective property tax rate stands at 2.01%, which is notably higher compared to the national median of 1.02%. This means homeowners in Kimball pay more in property taxes relative to the value of their homes than the average American homeowner. The property tax rate in Kimball is also the highest within Nebraska, highlighting the importance of understanding local tax dynamics. Comparing Kimball’s property tax rate to the state and national medians provides insight into the local government's budgetary needs and priorities. Homeowners in this area may benefit from exploring property tax appeal and exemption services to potentially reduce their tax burden.
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 Kimball Tax Rate
2.01%
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 Kimball County Tax Rate
2.01%
Median Effective Nebraska Tax Rate
1.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Kimball, Kimball County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69145 | 1.58% | 1.59% | 2.01% | 2.01% | 2.01% |
Source: Ownwell
Property Tax Assessment Values Across Kimball, Kimball County, Nebraska
When examining property taxes in Kimball, 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 Kimball 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 Kimball County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Kimball. For example, the median home price in Kimball is $77,755, with tax bills ranging significantly across the county. Zip code 69145 has the highest median home price at $77,755.
Property Tax Assessment Values Across Kimball, Kimball County, Nebraska
Source: Ownwell
$60,408
$69,082
$77,755
Median Kimball Market Value
$77,755
Median Kimball County Market Value
$75,570
Median Nebraska Market Value
$182,439
Median United States Market Value
$235,294
Property Tax Assessment Values Across Kimball, Kimball County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69145 | $20,250 | $44,970 | $77,755 | $116,312 | $190,950 |
Source: Ownwell
Property Tax Bills Across Kimball, Kimball County, Nebraska
Median Kimball Tax Bill
$1,470
Median Kimball County Tax Bill
$1,418
Median Nebraska Tax Bill
$3,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Kimball, Kimball County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 69145 | $312 | $814 | $1,470 | $2,189 | $3,493 |
Source: Ownwell