68046 Property Tax Rate

Property owners in ZIP code 68046 (Papillion, Nebraska) pay a median of $6,019/year in property taxes on homes valued at $331,800. This translates to an effective tax rate of 1.81%, which is 38% above the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68046 is approximately $502, which factors into escrow payments on mortgages. This ZIP code is located within Sarpy County. This is $3,736 more than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 68046 has lower property taxes. ZIP codes with similar effective rates include 68450 (1.82%) and 68135 (1.82%).

In Papillion, property taxes represent approximately 5.3% of the median household income of $113,708, providing context for the relative tax burden on homeowners in this area.

Sarpy County applies Nebraska's statewide assessment system — properties are valued annually, and homeowners receive Notice of Proposed Valuation in spring without automatic exemptions. Homeowners age 65+ and disabled persons may qualify for the Homestead Exemption or Property Tax Reduction Credit; file with the Sarpy County Assessor by the county deadline (typically mid-summer). Contact the Sarpy County Assessor at (402) 593-2140 after your assessment notice arrives to apply for exemptions and exercise your right to appeal within 30 days.