69162 Property Tax Rate

Property owners in ZIP code 69162 (Sidney, Nebraska) pay a median of $2,557/year in property taxes on homes valued at $140,400. This translates to an effective tax rate of 1.82%, which is 38% above the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 69162 is approximately $213, which factors into escrow payments on mortgages. This ZIP code is located within Cheyenne County. This is $274 more than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 69162 has higher property taxes. ZIP codes with similar effective rates include 68135 (1.82%) and 69145 (1.82%).

In Sidney, property taxes represent approximately 4.6% of the median household income of $55,147, providing context for the relative tax burden on homeowners in this area.

Nebraska assessments are reset annually to fair market value with no growth limit; the Cheyenne County Assessor will assess your property at purchase price and may increase it each subsequent year. Contact the Cheyenne County Assessor immediately after closing to apply for the Homestead Exemption if your home is your primary residence. Submit your exemption paperwork before the county's deadline (typically April 15) to ensure you receive the tax reduction on your first bill.