Bloomfield, Knox County, Nebraska Property Taxes
Property Taxes in Bloomfield, Nebraska
Median Bloomfield, Nebraska effective property tax rate: 1.14%, significantly lower than the national median of 1.02%, and higher than the Nebraska state median of 1.39%.
Median Bloomfield, Nebraska home value: $104,930
Median annual Bloomfield, Nebraska tax bill: $1,072, lower than the national median property tax bill of $2,400.
How are property taxes in Knox calculated?
Property taxes in Bloomfield, 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 Bloomfield's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bloomfield, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Bloomfield, Knox County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.14%
Estimate Property Tax Bill
$1,196
$1,110
How Does the Bloomfield Property Tax Calculator Work?
Use this Bloomfield property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Bloomfield's median effective tax rate of 1.14% — based on actual property records in Knox 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 Bloomfield'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 Bloomfield: rates are the same across the city, with both the highest and lowest median tax bill at $1,072 in 68718.
Bloomfield's median effective tax rate is lower than the Nebraska state median tax rate of 1.39%, and the median tax bill is $1,328 lower than the state median tax bill. For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Bloomfield.
About Bloomfield Property Taxes
About Property Taxes in Bloomfield, Knox, Nebraska
Bloomfield’s median effective property tax rate of 1.14% is lower than the Nebraska state median of 1.39% and higher than the national median of 1.02%. This rate reflects the Knox 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 Bloomfield. Homeowners in the 68718 ZIP code carry a median effective rate of 1.14%, while those in 68718 pay 1.14%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Knox County. Understanding which part of Bloomfield you live in can make a meaningful difference to your annual tax bill.
Bloomfield 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 Bloomfield, Knox 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 Bloomfield'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 Bloomfield Tax Rate
1.14%
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 Knox County Tax Rate
0.97%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bloomfield, Knox County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68718 | 0.59% | 0.61% | 1.14% | 1.15% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Bloomfield, Knox County, Nebraska
When examining property taxes in Bloomfield, 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 Knox County assessment 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.
Assessment notices:
In Knox County, assessment notices are sent in June 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 Bloomfield.
For example, the median home price in Bloomfield is $104,930, with tax bills ranging significantly across the county. 68718 has the highest median home price at $104,930.
Property Tax Assessment Values Across Bloomfield, Knox County, Nebraska
Source: Ownwell
$72,352
$211,912
$351,472
Median Bloomfield Market Value
$104,930
Median Knox County Market Value
$122,655
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bloomfield, Knox County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68718 | $30,828 | $54,710 | $104,930 | $276,362 | $817,341 |
Source: Ownwell
Property Tax Bills Across Bloomfield, Knox County, Nebraska
Property tax bills in Bloomfield are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners, that means the amount owed depends on both what the home is worth and how local taxing authorities set rates for schools, county services, and other public needs.
With a median home price of $104,930, Bloomfield homeowners see a wide range of tax bills. The 25th percentile tax bill is $569, while the 75th percentile reaches $2,206 and the 90th percentile climbs to $5,286. The median tax bill in ZIP code 68718 is $1,072, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.
Because property taxes are tied to assessed value, changes in the market can affect what homeowners pay each year.
Median Bloomfield Tax Bill
$1,072
Median Knox County Tax Bill
$1,229
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Bloomfield, Knox County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68718 | $285 | $569 | $1,072 | $2,206 | $5,286 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Knox Tax Assessor | |
| Website | knox.gworks.com |