Center, Knox County, Nebraska Property Taxes
Property Taxes in Center, Nebraska
Median CENTER, Nebraska effective property tax rate: 0.99%, significantly lower than the national median of 1.02%, and lower than the Nebraska state median of 1.39%.
Median CENTER, Nebraska home value: $72,352
Median annual CENTER, Nebraska tax bill: $645, $1,755 lower than the national median property tax bill of $2,400.
How are property taxes in Knox calculated?
Property taxes in CENTER, 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 CENTER's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in CENTER, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Center, Knox County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.99%
Estimate Property Tax Bill
$716
$665
How Does the Center Property Tax Calculator Work?
Use this Center property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Center's median effective tax rate of 0.99% — based on actual property records in Knox County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Center'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 Center: rates range from 0.99% in 68724 to 0.99% in 68724, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Center.
About Center Property Taxes
About Property Taxes in Center, Knox, Nebraska
Center's median effective property tax rate of 0.99% is lower than the Nebraska state median of 1.39% and lower 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 Center. Homeowners in the 68724 ZIP code carry a median effective rate of 0.99%, while those in the same ZIP code pay 0.99%. This spread reflects how school district boundaries and local assessment districts are drawn across Knox County. Understanding which part of Center you live in can make a meaningful difference to your annual tax bill.
Center homeowners who believe their assessed value is too high can file a formal appeal with the 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 Center, 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 Center'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 Ă· 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 Center Tax Rate
0.99%
Our median effective property tax rate (tax bill Ă· 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 Center, Knox County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68724 | 0.60% | 0.66% | 0.99% | 1.06% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Center, Knox County, Nebraska
When examining property taxes in Center, 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 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 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. For example, the median home price in Center is $72,352, with a median tax bill of $645. Property tax bills range across the county, with the 25th percentile at $254 and the 90th percentile at $3,188.
Property Tax Assessment Values Across Center, Knox County, Nebraska
Source: Ownwell
$72,352
$211,912
$351,472
Median Center Market Value
$72,352
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 Center, Knox County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68724 | $15,094 | $28,142 | $72,352 | $222,875 | $442,894 |
Source: Ownwell
Property Tax Bills Across Center, Knox County, Nebraska
Property tax bills in Center are calculated by applying the local tax rate to a home’s assessed value, which is based on what the property is worth in the market. The bill depends on several factors, including the home’s assessed value, local tax rates, and any exemptions a homeowner may qualify for. For homeowners in Knox County, this means two similar homes can still receive different tax bills if their assessed values or tax settings differ.
The median home price in Center is $72,352, and the median property tax bill is $645.00 in ZIP code 68724. That is well below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Tax bills can still vary widely, with the 25th percentile at $254 and the 75th percentile at $1,602, while the 90th percentile reaches $3,188. For homeowners, this can mean a manageable bill for some and a much heavier expense for others.
Median Center Tax Bill
$645
Median Knox County Tax Bill
$1,229
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Center, Knox County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68724 | $96 | $254 | $645 | $1,602 | $3,188 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Knox Tax Assessor | |
| Website | knox.gworks.com |