Nebraska · County property tax · ACS 2024
Knox County Property Taxes
The median homeowner in Knox County pays $1,472 a year, an effective rate of 1.15%, well below the U.S. average.
- $1,472
- Median tax / yr · Below-median bill
- 1.15%
- Effective rate · Above-median rate
- -26%
- vs U.S. average
- #64 of 93
- rank in NE
The verdict
Homeowners in Knox County pay a median $1,472 a year in property tax, an effective rate of 1.15%, more affordable than 26% of U.S. counties (Census ACS 2024).
- $1,472
- Median annual tax bill, 2024
- 1.15%
- Effective rate on median home
- #2327 of 3135
- U.S. counties by tax burden
- -26%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($127,700). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Nebraska. Population: 8,363. Owner-occupied homes: 2,684.
The median annual property tax in Knox County is $1,472, which is 59% lower than the Nebraska state average and 26% below the national average. The effective tax rate is 1.15% on a median home value of $127,700. Property taxes represent 2.3% of the median household income in this county.
Knox County's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Knox County's 1.15% effective rate sits near the middle of 3,135 tracked counties (more affordable than 26%).
Decision signal 2
The bill sits well below the national median
Homeowners in Knox County pay a median annual property tax of $1,472, well below the national median and far below the Nebraska state median. On a $127,700 median home, that works out to an effective rate of 1.15% once the local assessment base and millage are combined.
Decision signal 3
Near the middle of Nebraska counties by effective rate
Knox County ranks #64 of 93 counties in Nebraska by effective rate (31% of in-state counties pay a lower rate).
Decision signal 4
Income and the tax bill sit in the middle band
Property taxes in Knox County run within the commonly cited 2%-4% national benchmark, at about 2.3% of the $64,636 median household income.
Informational notice
Figures describe the median homeowner household in Knox County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.
A falling rate took the edge off
Knox County's effective rate fell 15.1% across the 4-year span while its median home value rose 38.4%, leaving the median bill 17.5% higher at $1,472. That rate move is larger than the one in 64% of counties, so a good deal of the market's rise never reached the bill.
Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.
How to read this county's bill
Bills rose across 2020-2024, from $1,253 to $1,472, a gain of 17%. This is a comparison of published ACS medians, not an explanation of a particular property's assessment or tax bill.
The fullest band here is the $800 to $1,499 range, holding 707 of 2,684 owner-occupied homes (26.3%). The band shows where the largest share of reported owner-occupied households falls; it is not an individual-bill estimate.
Earnings are below the national midpoint while the rate is above it, and the median bill equals 2.3% of median household income. The gap between those two positions is the whole story on this page.
The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.
What Knox County Homeowners Actually Pay
The single largest group of Knox County homeowners, 707 of 2,684 owner-occupied homes (26.3%), pays $800 to $1,499 a year. The median is one point in this spread, not a typical bill.
- Less than $800 21.1% (567)
- $800 to $1,499 26.3% (707)
- $1,500 to $1,999 13.2% (353)
- $2,000 to $2,999 11.8% (318)
- $3,000 or more 20.7% (556)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
183 homes here (6.8%) report no real estate tax at all. Exemptions are set by state: how Nebraska handles assessments and appeals.
With vs Without Mortgage
In Knox County, mortgaged homeowners pay 11% more than those without a mortgage, a gap that typically tracks higher home values rather than a different tax rate.
Knox County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Knox County's effective rate is higher than 31% of the 93 counties in Nebraska - ranking #64 of 93.
Where Knox County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
1.15% more affordable than 26% of 3,135 U.S. counties
Show national distribution
Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2024
Below Nebraska on both measures
Knox County's effective rate runs 23% under the Nebraska median and its bill 59% under. Both sitting on the same side means the gap is not a valuation artefact: a county can post a low rate purely because its homes are expensive, but then the bill rises to meet the state. Here it does not, so the $1,472 median bill reflects a genuinely lighter charge than the Nebraska norm rather than a different denominator. Compare it against the state page before reading anything into the county rank.
Knox County vs Benchmarks
| Metric | Knox County | Nebraska Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Below-median bill | |||
| Effective Tax Rate Above-median rate | |||
| Median Home Value | |||
| Tax as % of income Below-median income burden | 2.3% | - | - |
Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.
Knox County is PAR · LIGHT on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Nebraska counties.
Knox County rate trail · PAR
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $1,472 +3.2% | 1.15% |
| 2023 | $1,426 +2.7% | 1.22% |
| 2022 | $1,388 +6.9% | 1.23% |
| 2021 | $1,299 +3.7% | 1.31% |
| 2020 | $1,253 | 1.36% |
Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.
Knox County: tax-to-income at 2.3%
Counties near Knox County's effective rate
On effective rate, Knox County sits nearest McLeod County (MN), Houston County (MN), Gladwin County (MI).
On published median-tax change, the nearest matches are Lemhi County (ID), Georgetown County (SC), Hot Springs County (WY).
How peers are chosen
These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.
Similar effective rates
Similar published median-tax changes, 2020–2024
Knox County: only 1% of returns show Schedule A real-estate tax
Tax year 2022: 50 of 3,810 returns from Knox County reported real estate taxes, averaging $2,400 - 60% of those reporters sat in the $100-200k AGI band.
What this IRS county file does not say
Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.
Other Counties in Nebraska
Knox County rate FAQs
- How does Knox County property tax compare to the national average?
- Property taxes in Knox County run well below the national median of $1,993, an effective rate of 1.15% versus 0.92% nationally.
- What is the average property tax in Knox County, Nebraska?
- The median annual property tax in Knox County is $1,472, an effective rate of 1.15% on a $127,700 median home (Census ACS, 2024).
- What is the tax affordability score for Knox County?
- Knox County, Nebraska scores C- (53/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is housing pressure at A (1.98×). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
- What percentage of income goes to property taxes in Knox County?
- Property taxes in Knox County run within the commonly cited 2%-4% national benchmark, at about 2.3% of the $64,636 median household income.
- Are property taxes increasing in Knox County?
- The ACS median property-tax bill for Knox County climbed 17.5% between the 2020 and 2024 5-year releases, from $1,253 to $1,472, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.
What to do with Knox County's PAR rate
Knox County's $1,472 median bill sits well below the U.S. median - still size a parcel estimate; local millage and exemptions move the real bill. Estimate your bill →
Knox County ranks #64 of 93 Nebraska counties by effective rate - on the lower-burden half of the state ACS set. Nebraska overview →
Nationwide peers by effective rate (then bill)
Rate-first peers for Knox County's PAR effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 1.15%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $1,472/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Knox County
Nearest ABS(median_tax) ACS peers for Knox County (PAR · LIGHT), replacing the old fixed Keep exploring strip.
PAR LIGHT
Big Stone County, MN
ABS(median_tax) peer · $1,473/yr (near-tied bill ABS $1); rate 0.87% vs Knox County 1.15%.
Coshocton County, OH
ABS(median_tax) peer · $1,473/yr (near-tied bill ABS $1); rate 0.95% vs Knox County 1.15%.
Murray County, MN
ABS(median_tax) peer · $1,471/yr (near-tied bill ABS $1); rate 0.79% vs Knox County 1.15%.
Wilson County, NC
ABS(median_tax) peer · $1,471/yr (near-tied bill ABS $1); rate 0.79% vs Knox County 1.15%.
Nebraska county set
State ACS overview for every published Nebraska county rate and median bill.
Assessment cycle basics
Knox County stamps PAR · LIGHT - how assessed value and millage become the ACS median bill.
Data vintage and method
Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.
Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.
Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Knox County (PAR · LIGHT) - ACS medians, not a parcel bill.