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Buying a home in Tekamah, Nebraska

The typical owner-occupied home in Tekamah is worth about $129,900, 46% below the Nebraska median of $238,600 and 61% below the national median of $332,700. Owners pay a median $1,909 a year in property taxes, about 1.47% of their home's value, close to the Nebraska rate of 1.49%. The median household earns $57,074 a year, so the median home costs 2.3 times the median income (3.1 times for Nebraska). 72% of occupied homes here are lived in by their owners, and 52% of those owners still have a mortgage.

Tekamah at a glance

Tekamah Nebraska U.S.
Median home value $129,900 $238,600 $332,700
Median property tax paid per year $1,909 $3,549 $3,119
Property tax as a share of value 1.47% 1.49% 0.94%
Median household income $57,074 $76,475 $80,734
Homes lived in by their owners 72% 67% 65%
Owner homes with a mortgage 52% 58% 61%
Median monthly costs, owners with a mortgage $1,277 $1,736 $1,963
Those costs as a share of the owners' income 17.5% 19.5% 21.0%
Median rent $638 $1,072 $1,413
Rent as a share of renters' income 21.4% 27.9% 30.6%
Median year homes were built 1962 1975 1980
Vacant homes 6.4% 7.6% 10.1%
Population 1,690 1,978,707 334,922,499

What a typical home costs per month in Tekamah

At this week's average 30-year rate of 7.11%, buying the median Tekamah home of $129,900 with 20% down costs about $912 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,129, 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 $39,100 for the 20%-down payment. That payment is 19% of the median Tekamah household income of $57,074; at that income and 20% down, the 28% guideline points to a home of about $190,000.

The median rent here is $638 a month, so owning the median home costs about $274 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$25,980
Loan amount$103,920
Principal and interest$699
Property taxes (1.47% a year)$159
Homeowners insurance (our estimate, 0.5% a year)$54
PMI$0
Total per month$912

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3.5% down, 30-year FHA loan
Down payment$4,546
Loan amount$127,547
Principal and interest$858
Property taxes (1.47% a year)$159
Homeowners insurance (our estimate, 0.5% a year)$54
FHA mortgage insurance$57
Total per month$1,129

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Questions about home buying in Tekamah

What is the median home value in Tekamah?

About $129,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Tekamah?

Homeowners pay a median $1,909 a year, which is about 1.47% 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 Tekamah?

For the median home with 20% down at 7.11%, the payment is about $912 a month. Keeping that under 28% of gross income takes about $39,100 a year.

More about Tekamah

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