Property Tax in Nebraska (2026): Rates, Exemptions, and Real Numbers

Nebraska Property Tax Rates by County

Highest and lowest effective rates within Nebraska

Property Tax Calculator — Nebraska

Pre-loaded with Nebraska's 1.46% effective rate and $268,400 median price

Property Tax by City in Nebraska

Annual and monthly property tax by city, based on local median prices and the statewide effective rate

Nebraska Homestead Exemption

How Nebraska Assesses Property Values

Assessment cycle: Annual assessment by county assessors at 100% of actual market value.

Property Tax's Impact on Your True Monthly Cost

On a $268,400 home in Nebraska

Property tax represents 13% of the true monthly cost in Nebraska.

Mortgage Calculator Including Property Tax — Nebraska

See your full PITI (principal, interest, taxes, insurance) payment

How Nebraska's Property Tax Affects Affordability

$327/month in property tax reduces the home price you can afford. Use the affordability calculator to see the real impact.

Property Tax After Refinancing in Nebraska

Refinancing changes your P&I but not your property tax. If your home was reassessed at a higher value, your tax bill increases regardless of your rate.

Frequently Asked Questions

What is the property tax rate in Nebraska?

Nebraska's effective property tax rate is 1.46%, ranking #11 nationally. The median annual property tax bill is $3,921 ($327/month). Rates range from 0.72% in Arthur County to 1.72% in Sarpy County (Bellevue). Source: Tax Foundation Property Taxes by State 2024.

Does Nebraska have a homestead exemption?

Yes — Nebraska offers a homestead exemption for primary residences. Homestead Exemption: full or partial exemption for qualifying disabled veterans, their surviving spouses, and low-income elderly homeowners. No general homestead exemption for standard owner-occupants. Residential property assessed at 100% of actual market value.. Apply through your county assessor's office after purchasing your home.

How often is property reassessed in Nebraska?

Nebraska reassesses property on a annual assessment by county assessors at 100% of actual market value. basis. When your property is reassessed, your tax bill changes based on the new assessed value multiplied by the applicable rate. If you believe your assessment is too high, you can appeal — most counties allow 30-90 days after receiving your assessment notice.

How is property tax calculated in Nebraska?

Property tax = Assessed Value × Mill Rate (or effective rate). In Nebraska, the effective rate is 1.46% of market value. On a $268,400 home: $268,400 × 1.46% = $3,921/year. Assessments may use a fraction of market value — the effective rate accounts for this.

Can I appeal my property tax assessment in Nebraska?

Yes. If your assessed value is higher than comparable sales in your area, you can file an appeal with your county assessment board. Steps: (1) Get your assessment notice, (2) Research comparable recent sales, (3) File an appeal by the deadline (typically 30-90 days from assessment notice). Studies show 20-40% of appeals result in a reduction. The process is free and you represent yourself — no attorney required.

Are property taxes included in my mortgage payment in Nebraska?

Most lenders require an escrow account that collects $327/month ($3,921/year ÷ 12) along with your mortgage payment, then pays the county on your behalf. If your loan-to-value is below 80%, you may be able to opt out of escrow and pay taxes directly. Note: if your assessed value rises, your escrow payment adjusts and your total monthly cost increases.

What Nebraska counties have the highest and lowest property taxes?

Nebraska's highest effective rate is in Sarpy County (Bellevue) at 1.72%. The lowest is Arthur County at 0.72%. That's a 1.00% spread — on a $268,400 home, the difference is $2,684/year.