68624 Property Tax Rate

Property owners in ZIP code 68624 (Bellwood, Nebraska) pay a median of $2,253/year in property taxes on homes valued at $150,800. This translates to an effective tax rate of 1.49%, which is 13% above the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68624 is approximately $188, which factors into escrow payments on mortgages. This ZIP code is located within Butler County.

Compared to similar ZIP codes in Nebraska, 68624 has lower property taxes. ZIP codes with similar effective rates include 69122 (1.50%) and 68528 (1.49%).

In Bellwood, property taxes represent approximately 3.0% of the median household income of $73,958, providing context for the relative tax burden on homeowners in this area.

Nebraska does not have a state-level homestead exemption, but Butler County follows the statewide property tax system — contact the Butler County Assessor's office to verify if agricultural use or other county-specific exemptions apply to your property. Senior citizens (age 65+) and disabled persons may qualify for the Homestead Exemption or Property Tax Credit; file applications with the Butler County Assessor by your county's deadline (typically mid-year). Visit the Butler County Assessor's office or call (402) 685-6300 to confirm exemption eligibility and file before assessment notices are mailed.