Elkhorn, Douglas County, Nebraska Property Taxes

Name: Property Tax Bills Across Elkhorn, Douglas County, Nebraska
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Elkhorn, NE effective property tax rate: 2.16%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Elkhorn, NE home value: $353,900
Median annual Elkhorn, NE tax bill: $7,754, $5,354 higher than the national median property tax bill of $2,400.

How are property taxes in Douglas County calculated?

Property taxes in Elkhorn, NE are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Elkhorn’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Elkhorn, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Elkhorn, Douglas County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.16%

Estimate Property Tax Bill

$7,644

$7,094

Ownwell’s Elkhorn Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Elkhorn with just two data points. By entering your property's estimated assessed value, our calculator applies Elkhorn’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Douglas County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Elkhorn, Douglas County, Nebraska

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Elkhorn’s effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S. Elkhorn, located in Douglas County, bears a significant property tax rate of 2.16%, which is notably higher than the national median property tax rate of 1.02%. This translates to a higher property tax bill compared to the national median of $2,400. Understanding these rates and how they are determined can be crucial for property owners looking to manage their expenses effectively. By appealing or seeking exemptions, property owners in Elkhorn could potentially reduce their tax burden, aligning it more closely with the national average.

Property Tax Rates Across Elkhorn, Douglas County, Nebraska

Source: Ownwell

1.41%

2.20%

2.99%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Elkhorn Tax Rate

2.16%

Median Effective Douglas County Tax Rate

1.96%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Elkhorn, Douglas County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68022	1.57%	1.91%	2.16%	2.34%	2.76%

Source: Ownwell

Property Tax Assessment Values Across Elkhorn, Douglas County, Nebraska

When examining property taxes in Elkhorn, Nebraska, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Douglas County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Douglas County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Elkhorn.

For example, the median home price in Elkhorn is $353,900, with tax bills ranging significantly across the county. Zip code 68022 has the highest median home price at $353,900.

Property Tax Assessment Values Across Elkhorn, Douglas County, Nebraska

Source: Ownwell

$26,200

$379,695

$733,190

Median Elkhorn Market Value

$353,900

Median Douglas County Market Value

$206,800

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Elkhorn, Douglas County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68022	$29,100	$200,350	$353,900	$487,200	$641,640

Source: Ownwell

Property Tax Bills Across Elkhorn, Douglas County, Nebraska

In Elkhorn, located in Douglas County, NE, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the home's market value, which is influenced by factors such as property size, location, and improvements. Homeowners in Elkhorn face a median property tax bill of approximately $7,754, significantly higher than the national median of $2,400. This can place a substantial financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%. For those in the 25th percentile, tax bills are around $4,628, while those in the 90th percentile may see bills as high as $14,275. Ownwell provides a solution by offering property tax appeal and exemption services, helping homeowners potentially reduce their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist homeowners in Elkhorn to ensure they are not overpaying and help them achieve potential savings on their property taxes.

Property Tax Bills Across Elkhorn, Douglas County, Nebraska

Source: Ownwell

$957

$6,880

$12,802

Median Elkhorn Tax Bill

$7,754

Median Douglas County Tax Bill

$3,997

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Elkhorn, Douglas County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68022	$1,169	$4,628	$7,754	$11,059	$14,275

Source: Ownwell