68018 Property Tax Rate

Property owners in ZIP code 68018 (Colon, Nebraska) pay a median of $2,538/year in property taxes on homes valued at $190,000. This translates to an effective tax rate of 1.34%, which is near the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68018 is approximately $212, which factors into escrow payments on mortgages. This ZIP code is located within Saunders County. This is $255 more than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 68018 has higher property taxes. ZIP codes with similar effective rates include 69347 (1.33%) and 69346 (1.34%).

In Colon, property taxes represent approximately 2.3% of the median household income of $112,679, providing context for the relative tax burden on homeowners in this area.

Nebraska reassesses property on a statewide valuation system without a homestead exemption — Saunders County assessments are reviewed annually, and you will receive a Notice of Proposed Valuation in spring. Seniors (65+) and persons with disabilities may apply for the Property Tax Reduction Credit or Homestead Exemption; submit applications to the Saunders County Assessor by the county filing deadline. Call the Saunders County Assessor at (402) 462-5475 after receiving your assessment notice to file for relief programs and verify your appeal window (30 days).