The typical owner-occupied home in Riverton is worth about $31,000, 87% below the Nebraska median of $238,600 and 91% below the national median of $332,700. Owners pay a median $257 a year in property taxes, about 0.83% of their home's value, lower than the Nebraska rate of 1.49%. The median household earns $44,519 a year, so the median home costs 0.7 times the median income (3.1 times for Nebraska). 78% of occupied homes here are lived in by their owners, and 5% of those owners still have a mortgage.
Riverton at a glance
| Riverton | Nebraska | U.S. | |
|---|---|---|---|
| Median home value | $31,000 | $238,600 | $332,700 |
| Median property tax paid per year | $257 | $3,549 | $3,119 |
| Property tax as a share of value | 0.83% | 1.49% | 0.94% |
| Median household income | $44,519 | $76,475 | $80,734 |
| Homes lived in by their owners | 78% | 67% | 65% |
| Owner homes with a mortgage | 5% | 58% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,736 | $1,963 |
| Median rent | $910 | $1,072 | $1,413 |
| Rent as a share of renters' income | 18.5% | 27.9% | 30.6% |
| Median year homes were built | 1938 | 1975 | 1980 |
| Vacant homes | 7.5% | 7.6% | 10.1% |
| Population | 106 | 1,978,707 | 334,922,499 |
What a typical home costs per month in Riverton
At this week's average 30-year rate of 7.11%, buying the median Riverton home of $31,000 with 20% down costs about $201 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $253, 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 $8,622 for the 20%-down payment. That payment is 5% of the median Riverton household income of $44,519; at that income and 20% down, the 28% guideline points to a home of about $160,000.
The median rent here is $910 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $6,200 |
|---|---|
| Loan amount | $24,800 |
| Principal and interest | $167 |
| Property taxes (0.83% a year) | $21 |
| Homeowners insurance (our estimate, 0.5% a year) | $13 |
| PMI | $0 |
| Total per month | $201 |
Change the numbers in the calculator
| Down payment | $1,085 |
|---|---|
| Loan amount | $30,439 |
| Principal and interest | $205 |
| Property taxes (0.83% a year) | $21 |
| Homeowners insurance (our estimate, 0.5% a year) | $13 |
| FHA mortgage insurance | $14 |
| Total per month | $253 |
Change the numbers in the calculator
Questions about home buying in Riverton
What is the median home value in Riverton?
About $31,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Riverton?
Homeowners pay a median $257 a year, which is about 0.83% 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 Riverton?
For the median home with 20% down at 7.11%, the payment is about $201 a month. Keeping that under 28% of gross income takes about $8,622 a year.
More about Riverton
- Mortgage Refinance in Riverton
- Debt Relief in Riverton
- Home Equity Loans in Riverton
- 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