Creighton, Knox County, Nebraska Property Taxes

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

Median Creighton, NE effective property tax rate: 1.66%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Creighton, NE home value: $68,258
Median annual Creighton, NE tax bill: $969, $1,431 lower than the national median property tax bill of $2,400.

How are property taxes in Knox County calculated?

Property taxes in Creighton, 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 Creighton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Creighton, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Creighton, Knox County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.66%

Estimate Property Tax Bill

$1,133

$1,051

Ownwell’s Creighton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Creighton with just two data points. By entering your property's estimated assessed value, our calculator applies Creighton's median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Knox 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 Knox County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Creighton, Knox County, Nebraska

Local government entities set property tax rates, which can vary significantly within a state. This variation arises because each county annually determines its budgetary needs to provide essential services and divides this by the total value of all taxable property within its jurisdiction. This calculation establishes the property tax rate. Although votes and legislation play a role in determining tax rates and budgets, this is essentially the annual process.

In Creighton, located in Knox County, Nebraska, the effective property tax rate stands out when compared to other cities within the state and the national average. Nebraska's median property tax rate is 1.66%, which is notably higher than the national median of 1.02%. This means that property owners in Creighton may experience a higher tax burden compared to the average U.S. property owner. While property taxes contribute to funding vital public services, understanding how these rates compare locally and nationally can offer valuable insights for property owners in Creighton. By exploring these comparisons, property owners can better navigate their financial responsibilities and make informed decisions regarding property investments.

Property Tax Rates Across Creighton, Knox County, Nebraska

Source: Ownwell

1.13%

1.45%

1.77%

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 Creighton Tax Rate

1.66%

Median Effective Knox County Tax Rate

1.28%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Creighton, Knox County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68729	0.81%	1.19%	1.66%	1.66%	1.66%

Source: Ownwell

Property Tax Assessment Values Across Creighton, Knox County, Nebraska

When examining property taxes in Creighton, 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.

In Knox 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 Creighton.

For example, the median home price in Creighton is $68,258, with tax bills ranging significantly across the county. Zip code 68729 has the highest median home price at $68,258.

Property Tax Assessment Values Across Creighton, Knox County, Nebraska

Source: Ownwell

$45,555

$180,993

$316,430

Median Creighton Market Value

$68,258

Median Knox County Market Value

$96,140

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Creighton, Knox County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68729	$15,392	$32,061	$68,258	$131,155	$388,993

Source: Ownwell

Property Tax Bills Across Creighton, Knox County, Nebraska

In Creighton, located in Knox County, Nebraska, property tax bills are calculated based on the assessed value of a home, which is determined by local government assessors. This assessed value is then multiplied by the local tax rate to determine the tax bill. In Creighton, the median home price is $68,258, which contributes to the property tax calculations. Homeowners in this area face a range of property tax bills, with the 25th percentile at $367 and the 75th percentile reaching $1,927. The highest tax bill in the area can be as much as $4,829, depending on the property's assessed value and tax rate. Compared to the national median property tax bill of $2,400, Creighton's property taxes are relatively moderate. Homeowners can potentially reduce their tax burden by appealing their property tax assessments. Ownwell assists homeowners in navigating the appeal process and identifying potential exemptions, helping them achieve significant savings on their property tax bills.

Property Tax Bills Across Creighton, Knox County, Nebraska

Source: Ownwell

$615

$2,081

$3,546

Median Creighton Tax Bill

$969

Median Knox County Tax Bill

$1,362

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Creighton, Knox County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68729	$95	$367	$969	$1,927	$4,829

Source: Ownwell