Nebraska— Property Tax & Closing Costs
2024 Census dataEffective tax rate
1.67%
of assessed value annually
Median home value
$109,400
2024 ACS survey
Median taxes paid
$1,828/yr
2024 data
Kimball County's 1.67% effective property tax rate ranks 209th highest among the 3,134 US counties tracked, placing it in the top 10% highest nationally. Within Nebraska's 93 counties, it's the 3rd highest. On the county's median home value of $109,400, the typical homeowner pays $1,828 annually in property tax — close to the national median of $1,629. At closing, Nebraska's 0.23% combined real estate transfer tax adds roughly $254 on a median-priced home, typically paid by the seller.
Calculate your true cost
Enter any purchase price to see the full cost breakdown for Kimball County.
County median: $109,400
Leave at $0 if the property has no homeowners association.
LTV: 80.00%
At closing
Monthly ongoing
Year one
Low flood risk. Flood insurance not typically required. Verify at msc.fema.gov for your specific property.
All figures are estimates for planning purposes only. Mortgage payment assumes a 30-year fixed rate of 6.8% — your lender will confirm the actual rate. Closing costs vary by lender and transaction. Consult a licensed real estate attorney and lender before making any financial decisions.
Nebraska property tax exemptions
Ways buyers in Kimball County may reduce their annual property tax. These programs apply statewide; verify county specifics with your local assessor.
Homestead Exemption (Age 65+)
Income-based percentage reduction (0-100%) of assessed value. For 2026, 100% relief requires 2025 income under $37,000.99 (single) or $43,400.99 (married).
View official source →Disabled Veteran Homestead Exemption
Category 4V fully exempts the homestead of veterans with 100% service-connected permanent disability (or 100% individual unemployability) with no income or home-value limits.
View official source →Disability Homestead Exemption
Individuals with permanent or developmental disability may qualify under categories 2, 3, 5, or 6 for income-based percentage relief on their homestead.
View official source →Last verified 2026-04. Exemption amounts and eligibility change frequently — always confirm with your county assessor before claiming.
Frequently asked questions
Answers to common questions about buying a home in Kimball County.
The effective property tax rate in Kimball County is 1.67% — calculated as the median annual property tax paid ($1,828) divided by the median home value ($109,400), using 2024 US Census ACS 5-year estimates. Your actual bill depends on your purchase price, homestead or senior exemptions, and any special assessments applied in your taxing district.
Nebraska's combined real estate transfer tax is approximately 0.23% of the purchase price. On the median Kimball County home value of $109,400, this adds roughly $254 at closing. Documentary Stamp Tax rate increased to $2.32/$1,000 (0.232%) effective September 3, 2025 (up from $2.25/$1,000 in effect since 2005). Seller-paid by custom.
Flood risk is relatively low. Only 0.3% of Kimball County's land falls within a FEMA Special Flood Hazard Area. Flood insurance is not typically required, though individual properties near waterways may still be in a zone — verify at msc.fema.gov.
Closing costs for a buyer in Kimball County typically run $2,188–$5,470 (2–5% of purchase price) on a median-priced home, including title insurance ($800–$2,000), appraisal ($400–$700), home inspection ($350–$600), recording fees ($100–$300), and loan origination (0.5–1.0% of the loan amount). Use the calculator above for a specific estimate at your purchase price.
Data sources for Kimball County
Every figure on this page is traceable. Verify the numbers yourself against the original public data.
Source for the 1.67% effective property tax rate, median home value, and median taxes paid (ACS 5-year, 2024 vintage).
Source for county-level flood zone exposure, wildfire risk, and other natural hazard ratings. Updated quarterly by FEMA.
Look up a specific property's flood zone and insurance rate map before making an offer on a home in Kimball County.
Guides for Nebraska home buyers
What every buyer should read before making an offer.
HOA Documents
HOA lawsuits — how to check for pending litigation against your future HOA before you close
A buyer closed on a house and only then found out about ongoing HOA lawsuits. Six checks you can run yourself before your contingencies expire.
Read the guide →HOA Documents
Undisclosed HOA special assessment — what you can do if you find out after closing
HOA special assessment not on the disclosure? One buyer got a $15,000 bill the day after closing. How to catch it before — and what to do after.
Read the guide →