The typical owner-occupied home in Crab Orchard is worth about $43,000, 82% below the Nebraska median of $238,600 and 87% below the national median of $332,700. Owners pay a median $475 a year in property taxes, about 1.10% of their home's value, lower than the Nebraska rate of 1.49%. The median household earns $62,500 a year, so the median home costs 0.7 times the median income (3.1 times for Nebraska). 88% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.
Crab Orchard at a glance
| Crab Orchard | Nebraska | U.S. | |
|---|---|---|---|
| Median home value | $43,000 | $238,600 | $332,700 |
| Median property tax paid per year | $475 | $3,549 | $3,119 |
| Property tax as a share of value | 1.10% | 1.49% | 0.94% |
| Median household income | $62,500 | $76,475 | $80,734 |
| Homes lived in by their owners | 88% | 67% | 65% |
| Owner homes with a mortgage | 71% | 58% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,736 | $1,963 |
| Median rent | – | $1,072 | $1,413 |
| Median year homes were built | 1938 | 1975 | 1980 |
| Vacant homes | 61.9% | 7.6% | 10.1% |
| Population | 20 | 1,978,707 | 334,922,499 |
What a typical home costs per month in Crab Orchard
At this week's average 30-year rate of 7.11%, buying the median Crab Orchard home of $43,000 with 20% down costs about $289 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $360, 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 $12,375 for the 20%-down payment. That payment is 6% of the median Crab Orchard household income of $62,500; at that income and 20% down, the 28% guideline points to a home of about $217,000.
| Down payment | $8,600 |
|---|---|
| Loan amount | $34,400 |
| Principal and interest | $231 |
| Property taxes (1.10% a year) | $39 |
| Homeowners insurance (our estimate, 0.5% a year) | $18 |
| PMI | $0 |
| Total per month | $289 |
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| Down payment | $1,505 |
|---|---|
| Loan amount | $42,221 |
| Principal and interest | $284 |
| Property taxes (1.10% a year) | $39 |
| Homeowners insurance (our estimate, 0.5% a year) | $18 |
| FHA mortgage insurance | $19 |
| Total per month | $360 |
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Questions about home buying in Crab Orchard
What is the median home value in Crab Orchard?
About $43,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Crab Orchard?
Homeowners pay a median $475 a year, which is about 1.10% 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 Crab Orchard?
For the median home with 20% down at 7.11%, the payment is about $289 a month. Keeping that under 28% of gross income takes about $12,375 a year.
More about Crab Orchard
- Mortgage Refinance in Crab Orchard
- Debt Relief in Crab Orchard
- Home Equity Loans in Crab Orchard
- 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