Thomas County, Nebraska Property Taxes

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

Median Thomas County effective property tax rate: 0.90%, significantly lower than the national median of 1.02%.
Median Thomas County home value: $63,458
Median annual Thomas County tax bill: $669, $1,731 lower than the national median property tax bill of $2,400.

How are property taxes in Thomas County calculated?

Property taxes in Thomas County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Thedford or another part of Thomas County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Thomas County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.9%

Estimate Property Tax Bill

$571

$530

Ownwell’s Thomas County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Thomas County with just two data points. By entering your property's estimated assessed value, our calculator applies Thomas County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more 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 Thomas County. Thomas County's property tax rate and median tax bill may differ from national averages, with the national median property tax rate at 1.02% and the national median property tax bill at $2400. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Thomas County, Nebraska

Local government entities have the authority to set tax rates, leading to significant variability within a state. Every year, each county, including Thomas County in Nebraska, estimates its budget needs for essential services and then divides this by the total value of all taxable properties in its area. This calculation determines the property tax rate. Although the process includes votes and legal considerations, this is the core annual procedure.

You can compare Thomas County's effective property tax rate to other counties in Nebraska or the national median property tax rate of 1.02%. Thomas County has a median property tax rate of 0.90%, which is below the national median. In comparison, the highest median tax rate in the county is found in Halsey at 1.09%, while Seneca boasts the lowest at 0.84%. These figures highlight the variation in property tax rates within the county itself and offer a glimpse into how Thomas County's rates stack up against broader benchmarks. Understanding these differences can provide valuable insights for property owners considering an appeal or exemption.

Property Tax Rates Across Thomas County, Nebraska

Source: Ownwell

0.84%

0.96%

1.09%

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 Thomas County Tax Rate

0.90%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Thomas County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Halsey	0.87%	0.88%	1.09%	1.09%	1.09%
Seneca	0.84%	0.84%	0.84%	0.84%	0.88%
Stapleton	0.84%	0.88%	0.89%	0.89%	0.89%
Thedford	0.89%	0.90%	0.90%	1.30%	1.30%
Dunning	N/A	N/A	N/A	N/A	N/A
Purdum	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Thomas County, Nebraska

When examining property taxes in Thomas County, 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 Thomas County Assessor's 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 Thomas 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 Thomas County.

For example, the median tax bill in Thomas County is $1,654, with tax bills ranging significantly across the county. Stapleton has the highest median home price at $326,324.

Property Tax Assessment Values Across Thomas County, Nebraska

Source: Ownwell

$17,264

$171,794

$326,324

Median Thomas County Market Value

$63,458

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Thomas County, Nebraska

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Halsey	$3,062	$21,188	$53,766	$131,295	$347,301
Seneca	$1,222	$4,547	$17,264	$76,565	$323,813
Stapleton	$186,177	$216,986	$326,324	$540,849	$670,614
Thedford	$8,629	$36,361	$78,192	$162,497	$373,032
Dunning	N/A	N/A	N/A	N/A	N/A
Purdum	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Thomas County, Nebraska

In Thomas County, NE, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. This assessed value is then multiplied by the local tax rate to calculate the tax bill. Factors such as location, property size, and improvements can influence a property's assessed value. The median home price in Thomas County is $63,458, which is significantly lower than the national median. Consequently, the tax bills vary widely within the county. For instance, while the 25th percentile tax bill is $185, the 75th percentile reaches $1,654, and the 90th percentile soars to $3,744. This range highlights the disparity in tax burdens among homeowners, with those in Stapleton facing the highest median tax bill of $2,899, while residents in Seneca enjoy the lowest at $128. Understanding these factors is crucial for homeowners to anticipate their tax liabilities and manage their finances effectively, especially when compared to the national median property tax bill of $2,400.

Property Tax Bills Across Thomas County, Nebraska

Source: Ownwell

$128

$1,514

$2,899

Median Thomas County Tax Bill

$669

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Thomas County, Nebraska

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Halsey	$33	$221	$507	$1,366	$3,409
Seneca	$10	$30	$128	$665	$2,868
Stapleton	$1,676	$1,929	$2,899	$4,808	$5,929
Thedford	$99	$358	$805	$1,765	$3,363
Dunning	N/A	N/A	N/A	N/A	N/A
Purdum	N/A	N/A	N/A	N/A	N/A

Source: Ownwell