68654 Property Tax Rate

Property owners in ZIP code 68654 (Polk, Nebraska) pay a median of $1,023/year in property taxes on homes valued at $95,600. This translates to an effective tax rate of 1.07%, which is 19% below the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68654 is approximately $85, which factors into escrow payments on mortgages. This ZIP code is located within Polk County. This is $1,260 less than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 68654 has higher property taxes. ZIP codes with similar effective rates include 68335 (1.07%) and 68058 (1.07%).

In Polk, property taxes represent approximately 1.6% of the median household income of $63,125, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 68654, 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 Polk County's tax assessor directly.