69121 Property Tax Rate

Property owners in ZIP code 69121 (Arthur, Nebraska) pay a median of $1,395/year in property taxes on homes valued at $194,400. This translates to an effective tax rate of 0.72%, which is 46% below the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 69121 is approximately $116, which factors into escrow payments on mortgages. This ZIP code is located within Arthur County. This is $888 less than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 69121 has lower property taxes. ZIP codes with similar effective rates include 69150 (0.74%) and 68622 (0.75%).

In Arthur, property taxes represent approximately 2.2% of the median household income of $64,250, providing context for the relative tax burden on homeowners in this area.

Nebraska property is reassessed annually at market value with no statewide cap; the Arthur County Assessor will determine your assessed value at purchase, and it may increase each year. Request information about the Homestead Exemption from the Arthur County Assessor's office when you close on your home, as this exemption is available to primary residence owners in eligible counties. Submit your exemption application promptly after purchase to avoid losing a year of potential tax relief.