The Omaha Property Tax Estimator projects the annual property tax on a home in Omaha, Nebraska using the area’s relatively high effective rate of about 1.91% of assessed value. Nebraska is consistently among the states with the highest property tax burdens, so even a modest home can carry a meaningful bill. This tool helps homeowners, buyers, and people relocating to the Omaha metro understand the cash they will owe each year and per month.
How it works
Nebraska assesses residential property at 100% of market value, so your assessed value is the starting point. The county’s consolidated levy — the sum of city, Douglas County, school district, and other levies — produces an effective rate near 1.91%. The estimate is:
taxable value = assessed value - homestead exemption
annual tax = taxable value x effective rate
monthly escrow = annual tax / 12
If you qualify for the Nebraska homestead exemption, the exempt amount is subtracted from assessed value before the rate is applied, which lowers the bill.
Example and notes
A home assessed at $300,000 with no exemption at a 1.91% rate owes about
300,000 x 0.0191 = $5,730 per year, or roughly $478 per month in escrow. If a $40,000
homestead exemption applies, the taxable value drops to $260,000 and the annual tax falls to
about $4,966. Override the rate with your exact consolidated levy for a sharper number, and
remember that special assessments (paving, sewer, sidewalks) are not included here.