Boyd County, NE real estate

What the numbers say

Boyd County, NE real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Boyd County pay a median of $1,142 a year in property taxes on a median home value of $104,000, an effective rate of about 1.10%. The Nebraska average is 1.49%, which makes Boyd County the #22 lowest-tax of 93 counties in the state with published tax data.

Renters pay a median of $713 a month, and $731 for a two-bedroom. At today's prices a typical home costs about 12 times a year's rent, which generally favors buying.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $104,000 home here comes to about $706 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $30,000 a year (the median household here earns $67,045).