69350 Property Tax Rate

Property owners in ZIP code 69350 (Hyannis, Nebraska) pay a median of $1,038/year in property taxes on homes valued at $112,500. This translates to an effective tax rate of 0.92%, which is 30% below the Nebraska state average of 1.32%.

The monthly property tax burden for a median-valued home in 69350 is approximately $87, which factors into escrow payments on mortgages. This ZIP code is located within Grant County. This is $1,245 less than the Nebraska average of $2,283/year.

Compared to similar ZIP codes in Nebraska, 69350 has higher property taxes. ZIP codes with similar effective rates include 68872 (0.92%) and 69220 (0.92%).

In Hyannis, property taxes represent approximately 2.0% of the median household income of $51,667, providing context for the relative tax burden on homeowners in this area.

Nebraska property is reassessed annually at fair market value with no statewide limit; the Grant County Assessor will determine your assessment at purchase and may adjust it yearly. Owner-occupants of primary residences should apply for the Homestead Exemption through the Grant County Assessor's office to reduce their taxable assessed value. File your exemption claim before the April 15 deadline to ensure you receive the benefit on your first tax bill.