Tax Bracket Calculator for Omaha, NE
Updated 2026 · Local data pre-filled
With a median household income of $68,200, most Omaha residents fall in the 22% federal bracket. Add your state and local taxes on top for your total effective rate. Understanding your bracket helps you make smarter decisions about Roth vs Traditional IRA contributions, charitable giving, and deductions.
✓ Calculator below is pre-filled with Omaha local data
How Omaha Compares to the National Average
Understanding how Omaha stacks up helps you calibrate your financial planning.
| Metric | Omaha, NE | US Average | Difference |
|---|---|---|---|
| Median Home Price | $260,000 | $420,800 | -38.2% |
| Median Monthly Rent | $941 | $1,713 | -45.1% |
| Median Household Income | $68,200 | $74,580 | -8.6% |
| Property Tax Rate | 1.60% | 1.10% | +45.5% |
| Cost of Living Index | 91 | 100 | -9.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024–2025). Green = favorable for residents; red = less favorable.
Omaha Financial Snapshot
- Population (Metro)
- 970,000
- Unemployment
- 2.8%
- Avg Commute
- 21 min
- Median Age
- 34.6
- Price-to-Rent Ratio
- 23.0x
- Annual Property Tax
- $4,160
Tax Bracket Calculator in Other Nebraska Cities
Frequently Asked Questions — Omaha
What is the median home price in Omaha, NE?
The median home price in Omaha is $260,000 as of 2025–2026. This is below the national median of $420,800.
What is the average rent in Omaha?
Median monthly rent in Omaha is $941. That works out to $11,292/year, or 17% of the median household income — within the commonly recommended 30% of income guideline.
Is Omaha affordable?
Omaha's cost of living index is 91 vs. the national average of 100. With a median household income of $68,200/year and a median home price of $260,000, the price-to-income ratio is 3.8x. Omaha remains relatively affordable compared to many US metros.
What is the property tax rate in Omaha?
The effective property tax rate in Omaha is 1.60% of assessed value. On the median home of $260,000, that's roughly $4,160/year ($347/month).