How Property Tax Works
Thurston County, Nebraska operates on a property tax system that serves as the primary funding mechanism for local government services, schools, and various special districts. Property owners in the county can expect an effective tax rate of approximately 1% of assessed value, though actual rates vary significantly depending on your specific location within the county due to overlapping special taxing districts such as school districts, fire districts, and municipal services.
The county assesses properties at 100% of market value, with no statutory assessment cap limiting annual increases. Property taxes are collected on a split-payment schedule, with the first half due April 30th and the second half due October 31st each year. All property owners should be aware that tax rates can vary substantially based on which special taxing districts serve their property, making location-specific calculations essential for accurate tax planning.