Taxes in Seward

Seward's tax picture combines a genuinely favorable city property tax rate with Nebraska's real, statewide graduated income tax structure.

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A genuinely favorable city property tax rate

Seward's own city effective property tax rate ran approximately 1.14% per Ownwell -- below both Seward County's rate (~1.59%) and the Nebraska statewide median cited alongside it (~1.39%), though still above the national median (~1.02%).

Nebraska's real, phasing-down income tax

Nebraska's 2026 individual income tax tops out at a real 4.55% top rate -- down from 5.20% in 2025 under a legislated multi-year phase-down (LB 754, 2023) continuing toward a scheduled 3.99% flat rate in 2027.

Real Social Security and military retirement exemptions

Nebraska fully exempts Social Security benefits (since tax year 2024) and military retirement income, though other retirement income (pensions, IRA/401(k) distributions) remains fully taxable.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.