Lincoln, NE Property Tax Rates
Compare property tax rates across 21 ZIP codes in Lincoln, Nebraska.
Avg Tax Rate
1.55%
Avg Annual Tax
$4,750
Avg Home Value
$309,081
ZIP Codes
21
Property Tax Overview: Lincoln, NE
Lincoln has 21 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 1.55%, which is 18% above the Nebraska average of 1.32%. Annual property taxes range from $6,169 (ZIP 68517) to $8,066 (ZIP 68520).
For a home at Lincoln's median value of $309,081, property taxes add approximately $400/month to housing costs. Lincoln home values are above the Nebraska median of $174,909, meaning the monthly tax impact is correspondingly higher.
Property tax rates within Lincoln vary by 0.52 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.
ZIP Codes in Lincoln, NE
| ZIP Code | Effective Rate | Median Tax | Median Home Value |
|---|---|---|---|
| 68517 | 1.24% | $6,169 | $495,700 |
| 68532 | 1.39% | $7,694 | $553,700 |
| 68527 | 1.45% | $6,991 | $482,600 |
| 68523 | 1.45% | $7,274 | $502,000 |
| 68505 | 1.47% | $3,187 | $216,600 |
| 68528 | 1.49% | $3,637 | $243,700 |
| 68502 | 1.51% | $3,321 | $220,500 |
| 68507 | 1.51% | $3,242 | $215,000 |
| 68524 | 1.54% | $3,310 | $214,500 |
| 68503 | 1.56% | $2,472 | $158,900 |
| 68506 | 1.56% | $3,815 | $245,200 |
| 68510 | 1.57% | $3,477 | $221,200 |
| 68521 | 1.62% | $3,824 | $235,600 |
| 68504 | 1.62% | $2,745 | $169,000 |
| 68512 | 1.63% | $4,811 | $295,900 |
| 68522 | 1.63% | $3,672 | $225,400 |
| 68516 | 1.63% | $5,404 | $331,600 |
| 68508 | 1.64% | $1,986 | $121,400 |
| 68526 | 1.65% | $7,019 | $424,900 |
| 68531 | 1.66% | $7,644 | $460,900 |
| 68520 | 1.77% | $8,066 | $456,400 |
Lincoln vs Nebraska Average
Effective Tax Rate
18% above state average
Annual Property Tax
Median Home Value
Frequently Asked Questions
What is the average property tax rate in Lincoln, NE?
The average effective property tax rate in Lincoln, Nebraska is 1.55%, based on 21 ZIP codes.
How much is property tax in Lincoln, NE?
The average median annual property tax in Lincoln is $4,750 per year, with a median home value of $309,081.
Which ZIP code in Lincoln has the lowest property tax rate?
ZIP code 68517 has the lowest effective tax rate in Lincoln at 1.24%, with a median annual tax of $6,169.
How many ZIP codes are in Lincoln, NE?
Lincoln, Nebraska has 21 ZIP codes with property tax data available.
Which ZIP code in Lincoln has the highest property tax rate?
ZIP code 68520 has the highest effective tax rate in Lincoln at 1.77%, with a median annual tax of $8,066.
How do Lincoln property taxes compare to the Nebraska average?
Lincoln's average effective rate of 1.55% is 18% above the Nebraska state average of 1.32%.
What factors affect property tax rates between ZIP codes in Lincoln?
Property tax rate differences within Lincoln are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.
Tips for Lincoln Homeowners
- •Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
- •Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
- •Know your assessment cycle: Nebraska reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
- •Compare ZIP codes before buying: Even within Lincoln, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.
Looking for county-level property tax data? View Lancaster County on TaxByCounty.com
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.