Sherman County, NE real estate

What the numbers say

Sherman County, NE real estate at a glance

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

Homeowners in Sherman County pay a median of $1,764 a year in property taxes on a median home value of $152,000, an effective rate of about 1.16%. The Nebraska average is 1.49%, which makes Sherman County the #31 lowest-tax of 93 counties in the state with published tax data.

Renters pay a median of $818 a month, and $697 for a two-bedroom. At today's prices a typical home costs about 15 times a year's rent.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $152,000 home here comes to about $1,039 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $45,000 a year (the median household here earns $63,578).