68652 Property Tax Rate

Property owners in ZIP code 68652 (Petersburg, Nebraska) pay a median of $1,534/year in property taxes on homes valued at $123,100. This translates to an effective tax rate of 1.25%, which is 5% below the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68652 is approximately $128, which factors into escrow payments on mortgages. This ZIP code is located within Boone County. This is $749 less than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 68652 has lower property taxes. ZIP codes with similar effective rates include 68660 (1.25%) and 68301 (1.25%).

In Petersburg, property taxes represent approximately 2.3% of the median household income of $66,250, providing context for the relative tax burden on homeowners in this area.

Nebraska reassesses all properties to current market value upon sale with no statewide cap on increases. Boone County provides a Homestead Exemption for owner-occupied primary residences — file your claim with the Boone County Assessor within the required timeframe to lower your assessed value and tax liability. Request your assessment documentation from the Boone County Assessor and confirm the appeal deadline, typically 30 days from the assessment notice.