68342 Property Tax Rate

Property owners in ZIP code 68342 (Diller, Nebraska) pay a median of $1,620/year in property taxes on homes valued at $126,000. This translates to an effective tax rate of 1.29%, which is near the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68342 is approximately $135, which factors into escrow payments on mortgages. This ZIP code is located within Jefferson County. This is $663 less than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 68342 has lower property taxes. ZIP codes with similar effective rates include 68732 (1.29%) and 68045 (1.29%).

In Diller, property taxes represent approximately 2.0% of the median household income of $80,625, providing context for the relative tax burden on homeowners in this area.

Nebraska has no annual assessment cap; your property will be reassessed to current market value when you purchase, potentially raising your tax bill substantially. Jefferson County provides a Homestead Exemption for owner-occupied primary residences — submit your exemption application to the Jefferson County Assessor within the required timeframe to reduce your assessed value. Obtain a copy of your assessment from the Jefferson County Assessor and file a written appeal within 30 days if you believe the valuation is incorrect.