68961 Property Tax Rate

Property owners in ZIP code 68961 (Nelson, Nebraska) pay a median of $853/year in property taxes on homes valued at $78,900. This translates to an effective tax rate of 1.08%, which is 18% below the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68961 is approximately $71, which factors into escrow payments on mortgages. This ZIP code is located within Nuckolls County. This is $1,430 less than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 68961 has higher property taxes. ZIP codes with similar effective rates include 69046 (1.08%) and 68350 (1.08%).

In Nelson, property taxes represent approximately 1.5% of the median household income of $58,611, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 68961, 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 Nuckolls County's tax assessor directly.