How high is Nebraska's property tax?

Nebraska has one of the higher effective property tax rates in the country, averaging around 1.5% of home value. Rates vary widely by county and school district, so your local consolidated levy drives the exact figure.

How is assessed value determined?

Nebraska assesses residential real property at approximately 100% of its actual (market) value. Agricultural land is assessed at a lower percentage. The county assessor sets the assessed value used for taxation.

A mill levy is the property tax rate, often quoted as dollars per 100 dollars of value or as a percentage. It is the sum of levies from your county, city, school district, and other taxing entities serving your property.

What is the Nebraska homestead exemption?

The homestead exemption reduces the taxable value of a primary residence for qualifying seniors (65+), certain disabled individuals, and disabled veterans, subject to income limits. The exempt amount lowers the assessed value before tax is applied.

How accurate is this estimate?

It is a planning estimate. Your actual bill depends on your exact county and district consolidated rate, your assessor's valuation, and any exemptions or credits. Check your county treasurer for the precise figure.

Nebraska Property Tax Estimator

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Nebraska is known for relatively high property taxes, with effective rates averaging around 1.5% of a home’s value — well above the national norm. Because residential property is assessed at close to full market value, the consolidated levy set by your county, city, and school district has a direct impact on your bill. This estimator applies that levy to your home’s value, accounts for any homestead exemption, and shows the annual tax you can expect.

How it works

Nebraska property tax is the consolidated tax rate applied to assessed value:

Assessed Value = Market Value (residential assessed at ~100%)
Taxable Value = Assessed Value - Homestead Exemption
Annual Tax = Taxable Value x Consolidated Tax Rate

Assessed value. Residential property is assessed at roughly 100% of market value, so your home value and assessed value are usually close.
Consolidated rate (mill levy). This combines county, city, school district, and other levies. It varies by location; the statewide average is near 1.5%.
Homestead exemption. Qualifying seniors, disabled individuals, and disabled veterans can exempt part of their home’s value, lowering the taxable base before the rate is applied.

Tips and example

A $300,000 home at a 1.5% consolidated rate produces an annual tax of about $4,500. If a $40,000 homestead exemption applies, the taxable value drops to $260,000 and the tax falls to roughly $3,900.

Your exact rate depends on your school district and city — urban districts often levy more than rural ones. Look up your county’s consolidated tax rate on your assessment statement and enter it for the most accurate result. If you qualify for the homestead exemption, apply through your county assessor; it is not automatic.