Pittsburgh, Knox County, Nebraska Property Taxes
Median Pittsburgh, NE effective property tax rate: 1.47%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Pittsburgh, NE home value: $49,800
Median annual Pittsburgh, NE tax bill: $734, $1,666 lower than the national median property tax bill of $2,400.
How are property taxes in Knox County calculated?
Property taxes in Pittsburgh, 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 Pittsburgh’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pittsburgh, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pittsburgh, Knox County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2%
Estimate Property Tax Bill
$0
Property Tax Rates Across Pittsburgh, Knox County, Nebraska
Local government entities determine tax rates, which can differ significantly within a state. This variance arises because each county annually estimates its budgetary needs to fund essential services and then divides this by the total assessed value of all taxable property in its jurisdiction. This calculation yields the property tax rate. While the process includes voting and legislative measures to set tax rates and budgets, this is the essence of the annual procedure.
For example, Pittsburgh in 31107, NE, has an effective property tax rate that can be compared to other cities within Nebraska and the national median. Nebraska's median property tax rate stands at 1.47%, notably higher than the national median of 1.02%. This difference highlights the impact of local budgetary requirements and property values on tax rates. Understanding these dynamics can help property owners anticipate their tax obligations and explore potential savings through appeals and exemptions. By staying informed, property owners can better navigate the complexities of property taxation and potentially reduce their financial 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 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 Pittsburgh, Knox County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Pittsburgh, Knox County, Nebraska
When examining property taxes in Pittsburgh, NE, 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 appraisal district 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 Pittsburgh. For example, the median home price in Pittsburgh is $49,800, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Pittsburgh, Knox County, Nebraska
Source: Ownwell
$72,352
$211,912
$351,472
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 Pittsburgh, Knox County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Pittsburgh, Knox County, Nebraska
Median Knox County Tax Bill
$1,229
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Pittsburgh, Knox County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell