Oak, Nuckolls County, Nebraska Property Taxes
Property Taxes in Oak, Nebraska
Median Oak, Nebraska effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, and lower than the Nebraska state median of 1.39%.
Median Oak, Nebraska home value: $46,875
Median annual Oak, Nebraska tax bill: $555, $1,845 lower than the national median property tax bill of $2,400.
How are property taxes in Nuckolls calculated?
Property taxes in Oak, Nebraska 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 Oak's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Oak, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Oak, Nuckolls County, Nebraska Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.79%
Estimate Property Tax Bill
$370
$344
How Does the Oak Property Tax Calculator Work?
Use this Oak property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Oak's median effective tax rate of 0.79% — based on actual property records in Nuckolls County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Oak's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Oak: rates range from 0.79% in 68964 to 0.79% in 68964, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Oak.
About Oak Property Taxes
About Property Taxes in Oak, Nuckolls, Nebraska
Oak’s median effective property tax rate of 0.79% is lower than the Nebraska state median of 1.39% and lower than the national median of 1.02%. This rate reflects the Nuckolls County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Oak. Homeowners in the 68964 ZIP code carry a median effective rate of 0.79%, while those in 68964 pay 0.79%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Nuckolls County. Understanding which part of Oak you live in can make a meaningful difference to your annual tax bill.
Oak homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before June 30, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Oak, Nuckolls County, Nebraska
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Oak's effective property tax rate to other cities in Nebraska and the median property tax rates in Nebraska and the U.S.
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 Oak Tax Rate
0.79%
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 Nuckolls County Tax Rate
1.24%
Median Effective Nebraska Tax Rate
1.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Oak, Nuckolls County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68964 | 0.52% | 0.70% | 0.79% | 1.16% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Oak, Nuckolls County, Nebraska
When examining property taxes in Oak, 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 Nuckolls County assessor 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.
Assessment notices:
In Nuckolls County, assessment notices are sent in June each year. They'll typically reach your mailbox by the middle of June.
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 Oak.
For example, the median home price in Oak is $46,875, with tax bills ranging significantly across the county. 68964 has the highest median home price at $46,875.
Property Tax Assessment Values Across Oak, Nuckolls County, Nebraska
Source: Ownwell
$32,550
$241,433
$450,315
Median Oak Market Value
$46,875
Median Nuckolls County Market Value
$54,915
Median Nebraska Market Value
$199,100
Median United States Market Value
$235,294
Property Tax Assessment Values Across Oak, Nuckolls County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68964 | $3,109 | $16,325 | $46,875 | $258,790 | $738,897 |
Source: Ownwell
Property Tax Bills Across Oak, Nuckolls County, Nebraska
Property tax bills in Oak are based on the assessed value of a home and the local tax rate set for Nuckolls County. The assessed value is compared with the market value of the property, and that figure is used to calculate how much tax a homeowner owes. For a home with a median price of $46,875, the bill can vary widely depending on the property’s assessed value and any local levies that apply.
In Oak, property tax bills range from $143 at the 25th percentile to $2,137 at the 75th percentile, with the 90th percentile reaching $4,288. The median tax bill is $555, which is far below the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%. These taxes directly affect homeowners by increasing the annual cost of owning a home, especially when assessed values rise faster than expected.
Median Oak Tax Bill
$555
Median Nuckolls County Tax Bill
$648
Median Nebraska Tax Bill
$2,896
Median United States Tax Bill
$2,400
Property Tax Bills Across Oak, Nuckolls County, Nebraska
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 68964 | $18 | $143 | $555 | $2,137 | $4,288 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
Links | |
|---|---|
| Nuckolls Tax Assessor | |
| Website | nuckolls.gworks.com |