68741 Property Tax Rate

Property owners in ZIP code 68741 (Hubbard, Nebraska) pay a median of $2,417/year in property taxes on homes valued at $209,100. This translates to an effective tax rate of 1.16%, which is 12% below the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68741 is approximately $201, which factors into escrow payments on mortgages. This ZIP code is located within Dakota County.

Compared to similar ZIP codes in Nebraska, 68741 has lower property taxes. ZIP codes with similar effective rates include 68065 (1.16%) and 68852 (1.16%).

In Hubbard, property taxes represent approximately 3.1% of the median household income of $76,875, providing context for the relative tax burden on homeowners in this area.

Dakota County assesses all property annually under Nebraska law without a universal homestead exemption — you will receive a Notice of Proposed Valuation in spring and have the right to appeal. Senior (65+) and disabled homeowners may qualify for the Homestead Exemption or Property Tax Reduction Credit; file applications with the Dakota County Assessor before the county's deadline. Contact the Dakota County Assessor at (402) 987-2130 when your assessment notice arrives to apply for relief programs and exercise your 30-day appeal right.