69155 Property Tax Rate

Property owners in ZIP code 69155 (Paxton, Nebraska) pay a median of $1,471/year in property taxes on homes valued at $148,300. This translates to an effective tax rate of 0.99%, which is 25% below the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 69155 is approximately $123, which factors into escrow payments on mortgages. This ZIP code is located within Keith County. This is $812 less than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 69155 has higher property taxes. ZIP codes with similar effective rates include 68319 (0.99%) and 68642 (0.99%).

In Paxton, property taxes represent approximately 1.9% of the median household income of $76,000, providing context for the relative tax burden on homeowners in this area.

Nebraska reassesses properties annually at fair market value with no statewide limit; the Keith County Assessor will set your assessment at purchase and adjust it yearly based on market conditions. File for the Homestead Exemption with the Keith County Assessor if your property is your primary residence—this exemption reduces your taxable assessed value and can provide meaningful annual savings. Contact the assessor's office before or immediately after closing to obtain and submit your exemption application.