Omaha, Sarpy County, Nebraska Property Taxes

Ownwell’s Omaha Property Tax Bill Calculator assists homeowners, real estate investors, and prospective buyers in estimating their annual property taxes in Omaha with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Omaha to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities, making financial planning easier. For those interested in neighborhood-specific trends, more localized information is available below. Your property’s assessed value is determined by the county for property tax calculations and includes any applicable exemptions.

Property Tax Assessment Values Across Omaha, Sarpy County, Nebraska

Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Omaha, Nebraska. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Sarpy County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Omaha, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, the median home price in Omaha is $245,641, with tax bills ranging from $3,612 at the 25th percentile to $9,147 at the 90th percentile. The highest median tax bill is $9,598 in the 68137 zip code, while the lowest is $388 in the 68107 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.

Property Tax Assessment Values Across Omaha, Sarpy County, Nebraska

Source: Ownwell

$177,698

$242,689

$307,679

Average Omaha Assessed Value

$245,641

Average Sarpy County Assessed Value

$239,278

Average Nebraska Assessed Value

$182,439

Average United States Assessed Value

$244,900