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Buying a home in Wymore, Nebraska

The typical owner-occupied home in Wymore is worth about $64,200, 73% below the Nebraska median of $238,600 and 81% below the national median of $332,700. Owners pay a median $1,004 a year in property taxes, about 1.56% of their home's value, higher than the Nebraska rate of 1.49%. The median household earns $57,090 a year, so the median home costs 1.1 times the median income (3.1 times for Nebraska). 79% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.

Wymore at a glance

Wymore Nebraska U.S.
Median home value $64,200 $238,600 $332,700
Median property tax paid per year $1,004 $3,549 $3,119
Property tax as a share of value 1.56% 1.49% 0.94%
Median household income $57,090 $76,475 $80,734
Homes lived in by their owners 79% 67% 65%
Owner homes with a mortgage 51% 58% 61%
Median monthly costs, owners with a mortgage $944 $1,736 $1,963
Those costs as a share of the owners' income 13.8% 19.5% 21.0%
Median rent $675 $1,072 $1,413
Rent as a share of renters' income 19.0% 27.9% 30.6%
Median year homes were built 1947 1975 1980
Vacant homes 19.7% 7.6% 10.1%
Population 1,320 1,978,707 334,922,499

What a typical home costs per month in Wymore

At this week's average 30-year rate of 7.11%, buying the median Wymore home of $64,200 with 20% down costs about $456 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $563, 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 $19,530 for the 20%-down payment. That payment is 10% of the median Wymore household income of $57,090; at that income and 20% down, the 28% guideline points to a home of about $188,000.

The median rent here is $675 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$12,840
Loan amount$51,360
Principal and interest$346
Property taxes (1.56% a year)$83
Homeowners insurance (our estimate, 0.5% a year)$27
PMI$0
Total per month$456

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3.5% down, 30-year FHA loan
Down payment$2,247
Loan amount$63,037
Principal and interest$424
Property taxes (1.56% a year)$83
Homeowners insurance (our estimate, 0.5% a year)$27
FHA mortgage insurance$28
Total per month$563

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Questions about home buying in Wymore

What is the median home value in Wymore?

About $64,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Wymore?

Homeowners pay a median $1,004 a year, which is about 1.56% 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 Wymore?

For the median home with 20% down at 7.11%, the payment is about $456 a month. Keeping that under 28% of gross income takes about $19,530 a year.

More about Wymore

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