69151 Property Tax Rate

Property owners in ZIP code 69151 (Maxwell, Nebraska) pay a median of $2,400/year in property taxes on homes valued at $212,300. This translates to an effective tax rate of 1.13%, which is 14% below the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 69151 is approximately $200, which factors into escrow payments on mortgages. This ZIP code is located within Lincoln County.

Compared to similar ZIP codes in Nebraska, 69151 has higher property taxes. ZIP codes with similar effective rates include 68948 (1.13%) and 68718 (1.13%).

In Maxwell, property taxes represent approximately 2.8% of the median household income of $85,833, providing context for the relative tax burden on homeowners in this area.

Nebraska does not cap residential property tax assessment increases; your property will be reassessed at current market value annually by the Lincoln County Assessor, potentially increasing your tax bill significantly after purchase. Contact the Lincoln County Assessor's office to inquire about the Homestead Exemption (available to owner-occupants in some Nebraska counties) and verify eligibility for any applicable relief programs. File any exemption applications immediately after closing, as deadline dates vary by county and missing them may cost you a full year of tax savings.