The typical owner-occupied home in De Witt is worth about $136,900, 43% below the Nebraska median of $238,600 and 59% below the national median of $332,700. Owners pay a median $1,294 a year in property taxes, about 0.95% of their home's value, lower than the Nebraska rate of 1.49%. The median household earns $80,526 a year, so the median home costs 1.7 times the median income (3.1 times for Nebraska). 89% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.
De Witt at a glance
| De Witt | Nebraska | U.S. | |
|---|---|---|---|
| Median home value | $136,900 | $238,600 | $332,700 |
| Median property tax paid per year | $1,294 | $3,549 | $3,119 |
| Property tax as a share of value | 0.95% | 1.49% | 0.94% |
| Median household income | $80,526 | $76,475 | $80,734 |
| Homes lived in by their owners | 89% | 67% | 65% |
| Owner homes with a mortgage | 48% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $967 | $1,736 | $1,963 |
| Those costs as a share of the owners' income | 14.7% | 19.5% | 21.0% |
| Median rent | $631 | $1,072 | $1,413 |
| Rent as a share of renters' income | 21.0% | 27.9% | 30.6% |
| Median year homes were built | 1964 | 1975 | 1980 |
| Vacant homes | 7.8% | 7.6% | 10.1% |
| Population | 437 | 1,978,707 | 334,922,499 |
What a typical home costs per month in De Witt
At this week's average 30-year rate of 7.11%, buying the median De Witt home of $136,900 with 20% down costs about $902 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,130, 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 $38,664 for the 20%-down payment. That payment is 13% of the median De Witt household income of $80,526; at that income and 20% down, the 28% guideline points to a home of about $285,000.
The median rent here is $631 a month, so owning the median home costs about $271 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $27,380 |
|---|---|
| Loan amount | $109,520 |
| Principal and interest | $737 |
| Property taxes (0.95% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $57 |
| PMI | $0 |
| Total per month | $902 |
Change the numbers in the calculator
| Down payment | $4,792 |
|---|---|
| Loan amount | $134,420 |
| Principal and interest | $904 |
| Property taxes (0.95% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $57 |
| FHA mortgage insurance | $61 |
| Total per month | $1,130 |
Change the numbers in the calculator
Questions about home buying in De Witt
What is the median home value in De Witt?
About $136,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in De Witt?
Homeowners pay a median $1,294 a year, which is about 0.95% 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 De Witt?
For the median home with 20% down at 7.11%, the payment is about $902 a month. Keeping that under 28% of gross income takes about $38,664 a year.
More about De Witt
- Mortgage Refinance in De Witt
- Debt Relief in De Witt
- Home Equity Loans in De Witt
- 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