Tax Year 2023 Homestead Exemption
If you are looking for a way to ease your property tax burden, the Homestead Tax Exemption may be good news to you.
What is a Homestead Tax Exemption? This is an annual exemption that excludes all or a portion of the value of a person’s home and up to one acre of land that the home is built on from property taxes.
In Nebraska, a homestead exemption is available to the following groups of persons:
- Persons age 65+
- Have an income below $48,601 for an individual or $57,701 in combined income for a couple
- Qualified disabled individuals
- Qualified disabled veterans and their widow(er)s.
- Own and live in your home. Home valuation is a factor in criteria for exemption. Assessed value of your home must be less than 2 times the county average. For example, in 2022 Dawson County's average assessed value was $118,812; therefore homes value at or under $237,624 were eligible in 2022. Click to see residential average values by county.
Exemptions are calculated on a sliding scale based on income and home value. Call your county assessor's office or Department of Revenue at 888-475-5101 for values in your county and to visit about your specific situation.