68945 Property Tax Rate

Property owners in ZIP code 68945 (Heartwell, Nebraska) pay a median of $3,000/year in property taxes on homes valued at $312,500. This translates to an effective tax rate of 0.96%, which is 27% below the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68945 is approximately $250, which factors into escrow payments on mortgages. This ZIP code is located within Kearney County. This is $717 more than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 68945 has lower property taxes. ZIP codes with similar effective rates include 68854 (0.96%) and 68841 (0.96%).

In Heartwell, property taxes represent approximately 4.8% of the median household income of $63,036, providing context for the relative tax burden on homeowners in this area.

Nebraska assesses property at the county level, with reassessment occurring at sale; obtain your assessment details from the Kearney County Assessor to understand your tax basis. Seniors 65 and older and disabled homeowners are eligible for Nebraska's Homestead Exemption, which exempts assessed value and reduces property taxes significantly — file your application with the Kearney County Assessor promptly. Contact the Kearney County Assessor to request the Homestead Exemption form, verify your eligibility, and confirm the filing deadline to apply the exemption to your property.