68157 Property Tax Rate

Property owners in ZIP code 68157 (Omaha, Nebraska) pay a median of $3,690/year in property taxes on homes valued at $223,100. This translates to an effective tax rate of 1.65%, which is 26% above the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68157 is approximately $308, which factors into escrow payments on mortgages. This ZIP code is located within Sarpy County. This is $1,407 more than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 68157 has higher property taxes. ZIP codes with similar effective rates include 68526 (1.65%) and 68328 (1.65%).

In Omaha, property taxes represent approximately 3.8% of the median household income of $96,126, 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.