68114 Property Tax Rate

Property owners in ZIP code 68114 (Omaha, Nebraska) pay a median of $4,878/year in property taxes on homes valued at $273,100. This translates to an effective tax rate of 1.79%, which is 36% above the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68114 is approximately $407, which factors into escrow payments on mortgages. This ZIP code is located within Douglas County. This is $2,595 more than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 68114 has higher property taxes. ZIP codes with similar effective rates include 68108 (1.79%) and 68118 (1.78%).

In Omaha, property taxes represent approximately 6.6% of the median household income of $73,361, providing context for the relative tax burden on homeowners in this area.

Douglas County (Omaha) uses Nebraska's assessment model with no statewide homestead exemption — property reassesses annually, and you will receive a Notice of Proposed Valuation in the spring. Seniors (65+) and disabled homeowners qualify for the Homestead Exemption and Property Tax Reduction Credit; file applications with the Douglas County Assessor by the county's deadline (typically June or July). Call the Douglas County Assessor at (402) 444-7000 immediately after receiving your assessment notice to file for relief and confirm your 30-day appeal window.