68332 Property Tax Rate

Property owners in ZIP code 68332 (Crab Orchard, Nebraska) pay a median of $1,321/year in property taxes on homes valued at $258,300. This translates to an effective tax rate of 0.51%, which is 61% below the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68332 is approximately $110, which factors into escrow payments on mortgages. This ZIP code is located within Johnson County. This is $962 less than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 68332 has higher property taxes. ZIP codes with similar effective rates include 68444 (0.52%) and 68954 (0.50%).

In Crab Orchard, property taxes represent approximately 1.4% of the median household income of $93,000, 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.