Wheeler County, NE real estate

What the numbers say

Wheeler County, NE real estate at a glance

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

Homeowners in Wheeler County pay a median of $1,164 a year in property taxes on a median home value of $146,500, an effective rate of about 0.79%. The Nebraska average is 1.49%, which makes Wheeler County the #3 lowest-tax of 93 counties in the state with published tax data.

Renters pay a median of $509 a month, and $517 for a two-bedroom. At today's prices a typical home costs about 24 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $147,000 home here comes to about $957 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $41,000 a year (the median household here earns $70,250).