The typical owner-occupied home in Oakdale is worth about $46,700, 80% below the Nebraska median of $238,600 and 86% below the national median of $332,700. Owners pay a median $757 a year in property taxes, about 1.62% of their home's value, higher than the Nebraska rate of 1.49%. The median household earns $71,250 a year, so the median home costs 0.7 times the median income (3.1 times for Nebraska). 88% of occupied homes here are lived in by their owners, and 38% of those owners still have a mortgage.
Oakdale at a glance
| Oakdale | Nebraska | U.S. | |
|---|---|---|---|
| Median home value | $46,700 | $238,600 | $332,700 |
| Median property tax paid per year | $757 | $3,549 | $3,119 |
| Property tax as a share of value | 1.62% | 1.49% | 0.94% |
| Median household income | $71,250 | $76,475 | $80,734 |
| Homes lived in by their owners | 88% | 67% | 65% |
| Owner homes with a mortgage | 38% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $842 | $1,736 | $1,963 |
| Those costs as a share of the owners' income | 14.1% | 19.5% | 21.0% |
| Median rent | $563 | $1,072 | $1,413 |
| Rent as a share of renters' income | 26.3% | 27.9% | 30.6% |
| Median year homes were built | 1938 | 1975 | 1980 |
| Vacant homes | 21.4% | 7.6% | 10.1% |
| Population | 355 | 1,978,707 | 334,922,499 |
What a typical home costs per month in Oakdale
At this week's average 30-year rate of 7.11%, buying the median Oakdale home of $46,700 with 20% down costs about $334 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $412, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $14,307 for the 20%-down payment. That payment is 6% of the median Oakdale household income of $71,250; at that income and 20% down, the 28% guideline points to a home of about $233,000.
The median rent here is $563 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $9,340 |
|---|---|
| Loan amount | $37,360 |
| Principal and interest | $251 |
| Property taxes (1.62% a year) | $63 |
| Homeowners insurance (our estimate, 0.5% a year) | $19 |
| PMI | $0 |
| Total per month | $334 |
Change the numbers in the calculator
| Down payment | $1,634 |
|---|---|
| Loan amount | $45,854 |
| Principal and interest | $308 |
| Property taxes (1.62% a year) | $63 |
| Homeowners insurance (our estimate, 0.5% a year) | $19 |
| FHA mortgage insurance | $21 |
| Total per month | $412 |
Change the numbers in the calculator
Questions about home buying in Oakdale
What is the median home value in Oakdale?
About $46,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Oakdale?
Homeowners pay a median $757 a year, which is about 1.62% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Oakdale?
For the median home with 20% down at 7.11%, the payment is about $334 a month. Keeping that under 28% of gross income takes about $14,307 a year.
More about Oakdale
- Mortgage Refinance in Oakdale
- Debt Relief in Oakdale
- Home Equity Loans in Oakdale
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data