68729 Property Tax Rate

Property owners in ZIP code 68729 (Creighton, Nebraska) pay a median of $1,321/year in property taxes on homes valued at $131,100. This translates to an effective tax rate of 1.01%, which is 23% below the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68729 is approximately $110, which factors into escrow payments on mortgages. This ZIP code is located within Knox County. This is $962 less than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 68729 has higher property taxes. ZIP codes with similar effective rates include 68726 (1.01%) and 68314 (1.01%).

In Creighton, property taxes represent approximately 2.0% of the median household income of $64,583, providing context for the relative tax burden on homeowners in this area.

Nebraska reassesses all properties at market value at the time of purchase; there is no statewide cap on assessment increases for new owners. Knox County offers a Homestead Exemption for eligible primary-residence owners that reduces assessed valuation — apply directly with the Knox County Assessor to secure this benefit. Contact the Knox County Assessor within 30 days of purchase to file for the exemption and obtain your assessment notice.