Papillion, Sarpy County, Nebraska Property Taxes

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

Median Papillion, NE effective property tax rate: 1.90%, significantly higher than the national median of 1.02%, but lower than the Nebraska state median of 1.75%.
Median Papillion, NE home value: $286,891
Median annual Papillion, NE tax bill: $5,275, $2,875 higher than the national median property tax bill of $2,400.

How are property taxes in Sarpy County calculated?

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

Last Updated March 1, 2025

Papillion, Sarpy County, Nebraska Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.9%

Estimate Property Tax Bill

$5,451

$5,058

Ownwell’s Papillion Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Papillion with just two data points. By entering your property's estimated assessed value, our calculator applies Papillion’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 Sarpy County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Papillion, Sarpy County, Nebraska

Local government entities determine property tax rates, which can significantly differ within a state. This variation arises because each county annually calculates its necessary budget for services and divides it by the total value of taxable property in its area, resulting in the property tax rate. While setting these rates and budgets involves votes and legislation, this is the basic yearly process. In Papillion, located in Sarpy County, Nebraska, the effective property tax rate is 1.90%, higher than the national median of 1.02%. This rate is consistent with the highest in the region, as noted in the 68133 zip code. In contrast, the lowest rate in the area, 1.89%, is found in the 68046 zip code, showing a slight variation within the county. Comparing Papillion's rate to the national median property tax bill of $2,400 reveals a substantial difference in tax burdens. Understanding these rates is crucial for property owners considering appeals or exemptions to potentially reduce their financial obligations.

Property Tax Rates Across Papillion, Sarpy County, Nebraska

Source: Ownwell

1.53%

1.80%

2.06%

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 Papillion Tax Rate

1.90%

Median Effective Sarpy County Tax Rate

1.93%

Median Effective Nebraska Tax Rate

1.75%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Papillion, Sarpy County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
68046	1.29%	1.78%	1.89%	2.15%	2.52%
68133	0.38%	1.74%	1.90%	2.06%	2.25%

Source: Ownwell

Property Tax Assessment Values Across Papillion, Sarpy County, Nebraska

When examining property taxes in Papillion, 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 Sarpy County Appraisal District 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 Sarpy County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Papillion.

For example, the median home price in Papillion is $286,891, with tax bills ranging significantly across the county. Zip code 68133 has the highest median home price at $305,306.

Property Tax Assessment Values Across Papillion, Sarpy County, Nebraska

Source: Ownwell

$177,698

$242,689

$307,679

Median Papillion Market Value

$286,891

Median Sarpy County Market Value

$239,278

Median Nebraska Market Value

$182,439

Median United States Market Value

$235,294

Property Tax Assessment Values Across Papillion, Sarpy County, Nebraska

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
68046	$37,859	$208,006	$276,795	$372,280	$465,783
68133	$14,871	$231,020	$305,306	$373,943	$440,370

Source: Ownwell

Property Tax Bills Across Papillion, Sarpy County, Nebraska

In Papillion, located in Sarpy County, NE, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The median home price in Papillion is $286,891, and the property tax rate is applied to this assessed value to determine the annual tax bill. Various factors, such as property size, location, and market conditions, can influence the assessed value, impacting the homeowner's tax liability. The median property tax bill in Papillion falls between $5,041 and $5,669, significantly higher than the national median of $2,400. This disparity highlights the importance for homeowners to ensure their property is assessed fairly.

Ownwell assists homeowners in Papillion by offering property tax appeal services, aiming to lower their tax bills. By analyzing assessment data and market trends, Ownwell identifies opportunities for tax reductions, potentially saving homeowners a substantial amount. With expertise in navigating the appeals process, Ownwell ensures that homeowners pay only their fair share, easing the financial burden of property taxes.

Property Tax Bills Across Papillion, Sarpy County, Nebraska

Source: Ownwell

$3,426

$4,744

$6,062

Median Papillion Tax Bill

$5,275

Median Sarpy County Tax Bill

$4,476

Median Nebraska Tax Bill

$3,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Papillion, Sarpy County, Nebraska

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
68046	$882	$3,714	$5,041	$7,450	$9,761
68133	$49	$3,985	$5,669	$7,105	$8,767

Source: Ownwell