Cost of Living & Housing in Kimball
Kimball's cost of living centers on housing that runs below Nebraska's statewide figures, alongside a property tax rate that runs above the national median but below Nebraska's own statewide figures.
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Learn moreAffordable housing, with a real, disclosed volatility to confirm
Kimball's own recent median home sale price ran approximately $193,000, down about 16.9% year-over-year -- a real, disclosed swing typical of a small market where few sales move the median substantially, still below Nebraska's own statewide figures of roughly $283,000-$324,000 (base record).
A 2.01% effective property tax rate, running below Nebraska's own statewide figures
Kimball's own 2.01% effective property tax rate (Ownwell) produces a $1,470 median annual tax bill -- above the national median rate but below Nebraska's own statewide figures depending on which anchor is used (base record).
Nebraska's phasing-down income tax and full Social Security exemption
Nebraska's real, current 2026 top marginal income tax rate is 4.55%, set to drop further to 3.99% in 2027, with a full exemption for Social Security income (since tax year 2024) and a 100% military-retirement-income exemption, relevant given Kimball's missile-field presence (base record).
Confirm current rent and employer data directly
A reliable, city-specific median rent figure and a comprehensive, current, ranked named-employer list for Kimball were not found with confidence this pass -- confirm both directly with the Kimball County Chamber of Commerce (base record).
Key takeaways
- Kimball's median home sale price ran approximately $193,000, below Nebraska's statewide figures, though down about 16.9% year-over-year in a small, volatile market.
- Kimball's own 2.01% effective property tax rate runs below Nebraska's statewide figures, producing a comparatively modest $1,470 median annual bill.
- Nebraska's phasing-down income tax (4.55% top rate for 2026, dropping to 3.99% in 2027) and full Social Security/military-retirement exemptions apply in Kimball as they do statewide.
- A confirmed, current rent figure and comprehensive employer list were not found with confidence this pass -- confirm both directly.
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