🏦 Mortgage Calculators Nebraska

How Much House Can I Afford in Nebraska?

Find out how much house you can afford in Nebraska with 1.73% property tax. Uses 28/36 rule with Nebraska-specific data.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Nebraska Quick Facts

5.8% Income Tax Rate

1.73% Property Tax Rate

$66,644 Median Income

90.8 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Calculates home affordability in Nebraska using the 28/36 rule. Maximum 28% of gross monthly income for housing (PITI). Includes Nebraska's effective property tax rate of 1.73% and average home insurance of $3,050/year. Median home price in Nebraska: $240,000.

Key State Information

Nebraska housing market: Median home price $240,000 | Property tax rate 1.73% | Avg home insurance $3,050/yr | Median household income $66,644. Home prices are moderate relative to income.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Census Bureau, Zillow, Tax Foundation

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much house can I afford on the median income in Nebraska?

With Nebraska's median household income of $66,644 and a 10% down payment, you can typically afford a home priced around $233,254-$299,898 depending on debts and interest rates. The median home in Nebraska costs $240,000.

What is the property tax rate in Nebraska?

Nebraska's effective property tax rate is 1.73%. On a $240,000 home, that's approximately $4,152/year or $346/month.