Winnetoon, Knox County, Nebraska Property Taxes
Property Taxes in Winnetoon, Nebraska
Median Winnetoon, Nebraska effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, and lower than the Nebraska state median of 1.39%.
Median Winnetoon, Nebraska home value: $94,860
Median annual Winnetoon, Nebraska tax bill: $953, lower than the national median property tax bill of $2,400.
How are property taxes in Knox calculated?
Property taxes in Winnetoon, 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 Winnetoon's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Winnetoon, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Winnetoon, Knox County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$702
$651
How Does the Winnetoon Property Tax Calculator Work?
Use this Winnetoon property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Winnetoon's median effective tax rate of 0.74% — based on actual property records in Knox County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Winnetoon'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 Winnetoon: rates range from 0.74% in 68789 to 0.74% in 68789, 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 Winnetoon.
About Winnetoon Property Taxes
About Property Taxes in Winnetoon, Knox, Nebraska
Winnetoon’s median effective property tax rate of 0.74% 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 Winnetoon. Homeowners in the 68789 ZIP code carry a median effective rate of 0.74%, while those in the lowest ZIP code pay 0.74%. This spread reflects how school district boundaries and local assessment districts are drawn across Knox County. Understanding which part of Winnetoon you live in can make a meaningful difference to your annual tax bill.
Winnetoon 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 Winnetoon, 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 Winnetoon'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 Winnetoon Tax Rate
0.74%
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 Winnetoon, Knox County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68789 | 0.62% | 0.68% | 0.74% | 1.03% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Winnetoon, Knox County, Nebraska
When examining property taxes in Winnetoon, 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 are sent in June each year and typically reach your mailbox by the middle of the month. 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 Winnetoon is $94,860, with a median property tax bill of $953. That is well below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Winnetoon, Knox County, Nebraska
Source: Ownwell
$72,352
$211,912
$351,472
Median Winnetoon Market Value
$94,860
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 Winnetoon, Knox County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68789 | $14,200 | $33,020 | $94,860 | $378,050 | $505,565 |
Source: Ownwell
Property Tax Bills Across Winnetoon, Knox County, Nebraska
Property tax bills in Winnetoon are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is then used to determine how much tax a homeowner owes each year, so changes in market conditions can directly affect the bill.
For homeowners in Knox County, the size of the tax bill depends on factors such as the home’s value, local taxing authorities, and any exemptions that may apply. With a median home price of $94,860, tax bills can vary widely across the city, from $336 at the 25th percentile to $2,637 at the 75th percentile. The 90th percentile reaches $3,407, showing how much higher bills can be for more valuable homes.
The median tax bill in the city is $953.00, which is below the national median property tax bill of $2,400 and reflects a lower overall burden for many homeowners.
Median Winnetoon Tax Bill
$953
Median Knox County Tax Bill
$1,229
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Winnetoon, Knox County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68789 | $120 | $336 | $953 | $2,637 | $3,407 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Knox Tax Assessor | |
| Website | knox.gworks.com |