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Updated 2025 Tax Year

Colfax County
Property Tax Guide

Everything you need to know about property taxes in Colfax County, NE. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
1.2844% effective rate for 2025 (varies by location due to overlapping special taxing districts)
Exemptions
4+ Available
Section 1

How Property Tax Works

Colfax County, Nebraska operates under a property tax system that serves as the primary funding mechanism for essential local services including schools, county operations, emergency services, and infrastructure maintenance. Property owners in Colfax County face an effective tax rate of approximately 1.2844% for the 2025 levy year, though this rate can vary significantly depending on your specific location within the county due to overlapping special taxing districts such as school districts, natural resource districts, and municipal boundaries.

The county assesses property at 100% of actual value, with annual reassessments conducted to maintain current market valuations. Unlike some states, Nebraska does not impose assessment caps, meaning property values can increase without limitation based on market conditions. Property owners should be aware that their actual tax burden depends not only on the county's base levy but also on additional assessments from school districts, community college areas, and other special districts that may apply to their specific property location.

Section 2

What Makes Up Your Tax Bill

ComponentRate (per $100)Description
County General$0.2391Basic county operations, services, and administration
School DistrictsVariesK-12 education funding (varies by school district)
Community CollegeVariesNortheast Community College assessment
Natural Resources DistrictVariesLower Platte North NRD or applicable district
MunicipalVariesCity/village taxes (if applicable to location)
Total Effective Rate$1.2844Combined rate for 2025 levy year

Note: These rates apply to the 2025 levy year and represent countywide averages. Your actual tax rate may differ based on the specific taxing districts that apply to your property location. School district levies typically constitute the largest portion of your property tax bill and vary significantly between districts within Colfax County.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Colfax County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Colfax County are additional property tax assessments that occur when there are changes to property ownership, improvements, or corrections to the original assessment during the tax year. The most common triggers include new construction completion, property sales that reveal assessment discrepancies, and the addition of structures or improvements that increase property value.

When supplemental taxes are levied, they are calculated by applying the current year's tax rate to the difference between the new assessed value and the previous assessed value, prorated for the portion of the tax year remaining. For example, if you complete a $50,000 home addition in July and the county reassesses your property, you would owe supplemental taxes on that $50,000 increase (approximately $642 using the 1.2844% rate) prorated from July through the end of the tax year, which would equal roughly $321 for the remaining six months.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Available Homestead Exemption: $0 (requires application)
  • Net Taxable Value: $300,000
  • Annual Tax: $300,000 × 1.2844% = $3,853
  • Monthly Escrow: $321

Example 2: $600,000 Home with Homestead Exemption

  • Assessed Value: $600,000
  • Homestead Exemption Applied: Varies (limits assessment increases)
  • Net Taxable Value: ~$580,000 (example with exemption)
  • Annual Tax: $580,000 × 1.2844% = $7,449
  • Monthly Escrow: $621

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Available Credits Applied: Minimal impact at this value level
  • Net Taxable Value: $1,000,000
  • Annual Tax: $1,000,000 × 1.2844% = $12,844
  • Monthly Escrow: $1,070

Note: All tax credits and exemptions require annual application and are not automatically applied. Homestead exemptions limit assessment increases rather than reducing market value directly.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Colfax County require borrowers to maintain an escrow account for property tax payments, particularly for loans with less than 20% down payment. Your lender will estimate your annual property taxes and divide this amount by 12 to determine your monthly escrow payment, which is collected alongside your mortgage payment. Lenders typically maintain a cushion of 2-3 months of tax payments in your escrow account to ensure sufficient funds are available when taxes come due.

Property taxes in Colfax County are typically collected in installments throughout the year, with due dates commonly falling in April, July, and October, with a final payment due by December 31st. Your lender will monitor these due dates and make payments directly to the county treasurer on your behalf. At least once annually, your lender will conduct an escrow analysis to determine if your monthly payment needs adjustment based on actual tax bills and account activity. If your property taxes increase due to reassessment or rate changes, expect your monthly escrow payment to increase accordingly.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Colfax County for the 2025 tax year? A: Property taxes are typically due in quarterly installments with payments due in April, July, and October, with the final payment due by December 31st. Late payments incur penalties and interest charges.

Q: What homestead exemption is available and how do I apply? A: Nebraska offers a homestead exemption that limits assessment increases on your primary residence. You must file an application between February 1st and June 30th EVERY YEAR at the County Assessor's Office. This is not automatic and must be renewed annually.

Q: Are there other tax credits available for senior citizens or disabled veterans? A: Yes, various tax credits may be available including senior citizen credits and disabled veteran exemptions. Contact the Colfax County Assessor's Office for specific eligibility requirements and application procedures, as all credits require annual application.

Q: How often is my property reassessed? A: Colfax County conducts annual property assessments to maintain current market values. You will receive an assessment notice each year, typically in the spring, showing your property's assessed value for the upcoming tax year.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the County Board of Equalization. You typically have until June 30th to file an appeal after receiving your assessment notice. Contact the County Assessor's Office for specific appeal procedures and deadlines.

Q: What happens if I pay my property taxes late? A: Late payments incur penalties and interest charges. After December 31st, unpaid taxes become delinquent and additional penalties apply. Extended delinquency can eventually lead to tax lien sales.

Q: Can I pay my property taxes online? A: Contact the Colfax County Treasurer's Office directly to inquire about online payment options and accepted payment methods for property taxes.

Q: Why did my property taxes increase when tax rates didn't change? A: Property tax increases can occur due to reassessment reflecting higher property values, new special district assessments, or changes in school district funding needs, even when the base county rate remains stable.

Q: How do special taxing districts affect my property tax bill? A: Your property may be subject to multiple taxing districts including school districts, community college areas, natural resource districts, and municipal taxes if within city limits. These combine to create your total effective tax rate, which varies by location within the county.

Q: What should I do if I suffer property damage from a natural disaster? A: You may file a Destroyed Real Property form (Form 425) with the County Board of Equalization for reassessment consideration. This must be filed by June 30th for calamities occurring in the current year.

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