The typical owner-occupied home in Lynch is worth about $54,100, 77% below the Nebraska median of $238,600 and 84% below the national median of $332,700. Owners pay a median $583 a year in property taxes, about 1.08% of their home's value, lower than the Nebraska rate of 1.49%. The median household earns $38,214 a year, so the median home costs 1.4 times the median income (3.1 times for Nebraska). 96% of occupied homes here are lived in by their owners, and 14% of those owners still have a mortgage.
Lynch at a glance
| Lynch | Nebraska | U.S. | |
|---|---|---|---|
| Median home value | $54,100 | $238,600 | $332,700 |
| Median property tax paid per year | $583 | $3,549 | $3,119 |
| Property tax as a share of value | 1.08% | 1.49% | 0.94% |
| Median household income | $38,214 | $76,475 | $80,734 |
| Homes lived in by their owners | 96% | 67% | 65% |
| Owner homes with a mortgage | 14% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,357 | $1,736 | $1,963 |
| Those costs as a share of the owners' income | 41.7% | 19.5% | 21.0% |
| Median rent | – | $1,072 | $1,413 |
| Median year homes were built | 1955 | 1975 | 1980 |
| Vacant homes | 54.3% | 7.6% | 10.1% |
| Population | 137 | 1,978,707 | 334,922,499 |
What a typical home costs per month in Lynch
At this week's average 30-year rate of 7.11%, buying the median Lynch home of $54,100 with 20% down costs about $362 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $452, 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 $15,531 for the 20%-down payment. That payment is 11% of the median Lynch household income of $38,214; at that income and 20% down, the 28% guideline points to a home of about $133,000.
| Down payment | $10,820 |
|---|---|
| Loan amount | $43,280 |
| Principal and interest | $291 |
| Property taxes (1.08% a year) | $49 |
| Homeowners insurance (our estimate, 0.5% a year) | $23 |
| PMI | $0 |
| Total per month | $362 |
Change the numbers in the calculator
| Down payment | $1,894 |
|---|---|
| Loan amount | $53,120 |
| Principal and interest | $357 |
| Property taxes (1.08% a year) | $49 |
| Homeowners insurance (our estimate, 0.5% a year) | $23 |
| FHA mortgage insurance | $24 |
| Total per month | $452 |
Change the numbers in the calculator
Questions about home buying in Lynch
What is the median home value in Lynch?
About $54,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Lynch?
Homeowners pay a median $583 a year, which is about 1.08% 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 Lynch?
For the median home with 20% down at 7.11%, the payment is about $362 a month. Keeping that under 28% of gross income takes about $15,531 a year.
More about Lynch
- Mortgage Refinance in Lynch
- Debt Relief in Lynch
- Home Equity Loans in Lynch
- 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