68329 Property Tax Rate

Property owners in ZIP code 68329 (Cook, Nebraska) pay a median of $1,778/year in property taxes on homes valued at $126,900. This translates to an effective tax rate of 1.40%, which is 6% above the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68329 is approximately $148, which factors into escrow payments on mortgages. This ZIP code is located within Johnson County. This is $505 less than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 68329 has higher property taxes. ZIP codes with similar effective rates include 68731 (1.40%) and 68979 (1.40%).

In Cook, property taxes represent approximately 2.3% of the median household income of $76,429, providing context for the relative tax burden on homeowners in this area.

Nebraska reassesses all properties to current market value at sale; there is no state-level cap on assessment increases for new owners. Johnson County offers a Homestead Exemption for primary residences that reduces assessed value — file your claim with the Johnson County Assessor within 30 days of closing to secure the exemption. Request a formal assessment explanation from the Johnson County Assessor and note any local appeal deadlines, typically 30 days from the assessment notice date.