69348 Property Tax Rate

Property owners in ZIP code 69348 (Hemingford, Nebraska) pay a median of $1,836/year in property taxes on homes valued at $116,000. This translates to an effective tax rate of 1.58%, which is 20% above the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 69348 is approximately $153, which factors into escrow payments on mortgages. This ZIP code is located within Box Butte County. This is $447 less than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 69348 has lower property taxes. ZIP codes with similar effective rates include 68840 (1.58%) and 68966 (1.59%).

In Hemingford, property taxes represent approximately 2.7% of the median household income of $68,643, providing context for the relative tax burden on homeowners in this area.

Nebraska has no annual assessment cap; the Box Butte County Assessor reassesses all properties to market value each year, potentially increasing your tax bill. Apply for the Homestead Exemption with the Box Butte County Assessor if you are the primary owner-occupant—this exemption reduces your assessed value. Submit your exemption application within 30 days of closing to activate your tax relief immediately.