Nebraska Income Tax
Nebraska has a progressive income tax with rates ranging from 2.46-5.84%. Lower income earners pay the lower rate, with the top rate applying to the highest bracket.
Nebraska Sales Tax
The state sales tax rate in Nebraska is 5.5%. With an average local sales tax of 1.44%, the combined average sales tax rate is 6.94%.
Nebraska Property Tax
The effective property tax rate in Nebraska is 1.61%. With a median home value of $224,500, the median annual property tax bill is $3,616 ($301/month).
Property taxes in Nebraska are significantly higher than the national average, which is an important factor for homebuyers.
Corporate & Business Taxes
The corporate tax rate in Nebraska is 5.58-7.25%.
Other Taxes in Nebraska
| Tax Type | Rate / Amount |
|---|---|
| Gas Excise Tax | $0.25/gallon |
| Cigarette Tax | $0.64/pack |
| Estate Tax | No |
| Inheritance Tax | Yes |
Key Facts
High property taxes. One of six states with inheritance tax. Income tax rates being reduced.
Compare to Other States
See how salaries compare on our average salary in Nebraska page. Thinking about starting a business? Check our LLC guide for Nebraska. See the current minimum wage in Nebraska.
Financial Calculators
Plan your finances in Nebraska with our free tools:
- Paycheck Calculator — estimate take-home pay after taxes
- Salary Calculator — convert hourly to annual pay
- Mortgage Calculator — estimate monthly home payments
- Home Affordability Calculator — see how property taxes affect what you can afford