68973 Property Tax Rate

Property owners in ZIP code 68973 (Roseland, Nebraska) pay a median of $1,848/year in property taxes on homes valued at $164,700. This translates to an effective tax rate of 1.12%, which is 15% below the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 68973 is approximately $154, which factors into escrow payments on mortgages. This ZIP code is located within Adams County. This is $435 less than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 68973 has higher property taxes. ZIP codes with similar effective rates include 68932 (1.12%) and 68767 (1.12%).

In Roseland, property taxes represent approximately 2.7% of the median household income of $69,432, providing context for the relative tax burden on homeowners in this area.

Nebraska assesses property at the county level, with reassessment triggered at sale or significant improvements; request your assessment and tax calculation details from the Adams County Assessor. Persons 65 and older or those with total disability may claim the Homestead Exemption, reducing taxable assessed value — apply with the Adams County Assessor's office to lower your annual property tax burden. Contact the Adams County Assessor immediately after closing to request an exemption application and confirm all eligibility requirements and filing deadlines.