68632 Property Tax Rate

Property owners in ZIP code 68632 (David City, Nebraska) pay a median of $2,032/year in property taxes on homes valued at $177,400. 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 68632 is approximately $169, which factors into escrow payments on mortgages. This ZIP code is located within Butler County. This is $251 less than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 68632 has higher property taxes. ZIP codes with similar effective rates include 68832 (1.15%) and 68786 (1.14%).

In David City, property taxes represent approximately 2.7% of the median household income of $74,375, 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.