Lincoln, NE — income, home value, property tax, and sales tax.
In ZIP code 68505, on the eastern edge of Lincoln, homes carry a median value of $232,000, and the county's 1.53% effective property tax rate works out to roughly $3,550 a year on such a home. Households here earn a median of $75,980, so that tax bill equals about 4.7% of annual income — a meaningful sum, though softened by per-capita income of $36,627 and a combined sales tax rate of 7.25%. Buyers weighing this area should factor the yearly levy into their mortgage math, since the rate applies countywide regardless of the price paid.
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