68341 Property Tax Rate

Property owners in ZIP code 68341 (De Witt, Nebraska) pay a median of $1,645/year in property taxes on homes valued at $153,800. This translates to an effective tax rate of 1.07%, which is 19% below the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68341 is approximately $137, which factors into escrow payments on mortgages. This ZIP code is located within Gage County. This is $638 less than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 68341 has lower property taxes. ZIP codes with similar effective rates include 68058 (1.07%) and 68335 (1.07%).

In De Witt, property taxes represent approximately 1.8% of the median household income of $90,347, providing context for the relative tax burden on homeowners in this area.

Nebraska has no statewide property tax cap; your home will be reassessed at current market value after purchase, potentially increasing your tax bill significantly. Gage County offers a Homestead Exemption for owner-occupied primary residences — contact the Gage County Assessor's office to file and confirm your exemption status before the first tax bill. Request a copy of your property valuation from the Gage County Assessor and review it within 30 days of receipt to identify any assessment errors.