The typical owner-occupied home in Waterbury is worth about $89,200, 63% below the Nebraska median of $238,600 and 73% below the national median of $332,700. Owners pay a median $2,083 a year in property taxes, about 2.34% of their home's value, higher than the Nebraska rate of 1.49%. The median household earns $127,750 a year, so the median home costs 0.7 times the median income (3.1 times for Nebraska). 100% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Waterbury at a glance
| Waterbury | Nebraska | U.S. | |
|---|---|---|---|
| Median home value | $89,200 | $238,600 | $332,700 |
| Median property tax paid per year | $2,083 | $3,549 | $3,119 |
| Property tax as a share of value | 2.34% | 1.49% | 0.94% |
| Median household income | $127,750 | $76,475 | $80,734 |
| Homes lived in by their owners | 100% | 67% | 65% |
| Owner homes with a mortgage | 62% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $2,100 | $1,736 | $1,963 |
| Those costs as a share of the owners' income | 21.0% | 19.5% | 21.0% |
| Median rent | – | $1,072 | $1,413 |
| Median year homes were built | 1963 | 1975 | 1980 |
| Vacant homes | 27.8% | 7.6% | 10.1% |
| Population | 95 | 1,978,707 | 334,922,499 |
What a typical home costs per month in Waterbury
At this week's average 30-year rate of 7.11%, buying the median Waterbury home of $89,200 with 20% down costs about $691 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $840, 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 $29,621 for the 20%-down payment. That payment is 6% of the median Waterbury household income of $127,750; at that income and 20% down, the 28% guideline points to a home of about $385,000.
| Down payment | $17,840 |
|---|---|
| Loan amount | $71,360 |
| Principal and interest | $480 |
| Property taxes (2.34% a year) | $174 |
| Homeowners insurance (our estimate, 0.5% a year) | $37 |
| PMI | $0 |
| Total per month | $691 |
Change the numbers in the calculator
| Down payment | $3,122 |
|---|---|
| Loan amount | $87,584 |
| Principal and interest | $589 |
| Property taxes (2.34% a year) | $174 |
| Homeowners insurance (our estimate, 0.5% a year) | $37 |
| FHA mortgage insurance | $39 |
| Total per month | $840 |
Change the numbers in the calculator
Questions about home buying in Waterbury
What is the median home value in Waterbury?
About $89,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Waterbury?
Homeowners pay a median $2,083 a year, which is about 2.34% 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 Waterbury?
For the median home with 20% down at 7.11%, the payment is about $691 a month. Keeping that under 28% of gross income takes about $29,621 a year.
More about Waterbury
- Mortgage Refinance in Waterbury
- Debt Relief in Waterbury
- Home Equity Loans in Waterbury
- 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