68365 Property Tax Rate
Grafton, Nebraska · Part of Fillmore County
Effective Tax Rate
1.15%
38.5% below state avgMedian Annual Tax
$1,403
$117/mo escrow
Estimate Your Tax
Annual Tax
$1,403
Monthly
$117
Eff. Rate
1.15%
Buyer decision brief
What ZIP 68365 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$117/mo
Based on median annual tax paid
State context
0.17 percentage points below the Nebraska average
Nebraska average: 1.32%
Data confidence
Moderate confidenceThe Census margin of error is $253, about 18% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Fillmore County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 68365 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Moderate ACS confidence
$253 tax MOE, 18% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County context only
Fillmore County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 68365
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $121,900, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 1.15%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on Nebraska and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $117 per month before insurance, HOA dues, or special assessments.
Assessor verification
Fillmore County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 68365 Compares
Median Annual Property Tax
ZIP 68365
1.15%
Effective rate
Nebraska Avg
1.32%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Nebraska
Lower than 70% of ZIP codes in Nebraska(30th percentile, 522 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 68365
Property owners in ZIP code 68365 (Grafton, Nebraska) pay a median of $1,403/year in property taxes on homes valued at $121,900. This translates to an effective tax rate of 1.15%, which is 13% below the Nebraska state average of 1.32%.
The monthly property tax burden for a median-valued home in 68365 is approximately $117, which factors into escrow payments on mortgages. This ZIP code is located within Fillmore County. This is $880 less than the Nebraska average of $2,283/year.
Compared to similar ZIP codes in Nebraska, 68365 has higher property taxes. ZIP codes with similar effective rates include 68826 (1.15%) and 68371 (1.15%).
In Grafton, property taxes represent approximately 1.8% of the median household income of $76,500, providing context for the relative tax burden on homeowners in this area.
If you're considering purchasing a home in 68365, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Fillmore County's tax assessor directly.
Frequently Asked Questions
What is the property tax rate in ZIP code 68365?
How much are property taxes in Grafton, NE (68365)?
How does ZIP 68365 compare to the Nebraska average?
What is the median home value in ZIP 68365?
What county is ZIP code 68365 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$253. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 68365 is part of Fillmore County, Nebraska. View the full county profile for broader context and more data.
View Fillmore County on TaxByCounty →Why compare these ZIPs?
Better comparison set for ZIP 68365
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
68444
Strang, NE
0.64 percentage points lower than ZIP 68365.
Rate
0.52%
Tax
$1,417
Quality
67
68416
Ohiowa, NE
0.47 percentage points lower than ZIP 68365.
Rate
0.68%
Tax
$738
Quality
67
68436
Shickley, NE
0.16 percentage points lower than ZIP 68365.
Rate
0.99%
Tax
$1,573
Quality
77
68361
Geneva, NE
0.07 percentage points lower than ZIP 68365.
Rate
1.08%
Tax
$1,742
Quality
77
68532
Lincoln, NE
$431,800 higher median home value than ZIP 68365.
Rate
1.39%
Tax
$7,694
Quality
94
68523
Lincoln, NE
$380,100 higher median home value than ZIP 68365.
Rate
1.45%
Tax
$7,274
Quality
94
68517
Lincoln, NE
$373,800 higher median home value than ZIP 68365.
Rate
1.24%
Tax
$6,169
Quality
89
68461
Walton, NE
$364,200 higher median home value than ZIP 68365.
Rate
1.48%
Tax
$7,182
Quality
74
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.