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Buying a home in Hickman, Nebraska

The typical owner-occupied home in Hickman is worth about $311,700, 31% above the Nebraska median of $238,600 and 6% below the national median of $332,700. Owners pay a median $4,688 a year in property taxes, about 1.50% of their home's value, close to the Nebraska rate of 1.49%. The median household earns $104,375 a year, so the median home costs 3.0 times the median income (3.1 times for Nebraska). 88% of occupied homes here are lived in by their owners, and 81% of those owners still have a mortgage.

Hickman at a glance

Hickman Nebraska U.S.
Median home value $311,700 $238,600 $332,700
Median property tax paid per year $4,688 $3,549 $3,119
Property tax as a share of value 1.50% 1.49% 0.94%
Median household income $104,375 $76,475 $80,734
Homes lived in by their owners 88% 67% 65%
Owner homes with a mortgage 81% 58% 61%
Median monthly costs, owners with a mortgage $1,935 $1,736 $1,963
Those costs as a share of the owners' income 19.9% 19.5% 21.0%
Median rent – $1,072 $1,413
Rent as a share of renters' income 30.4% 27.9% 30.6%
Median year homes were built 2003 1975 1980
Vacant homes 2.8% 7.6% 10.1%
Population 3,004 1,978,707 334,922,499

What a typical home costs per month in Hickman

At this week's average 30-year rate of 7.11%, buying the median Hickman home of $311,700 with 20% down costs about $2,197 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,716, 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 $94,155 for the 20%-down payment. That payment is 25% of the median Hickman household income of $104,375; at that income and 20% down, the 28% guideline points to a home of about $346,000.

20% down, 30-year conventional loan
Down payment$62,340
Loan amount$249,360
Principal and interest$1,677
Property taxes (1.50% a year)$390
Homeowners insurance (our estimate, 0.5% a year)$130
PMI$0
Total per month$2,197

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3.5% down, 30-year FHA loan
Down payment$10,910
Loan amount$306,054
Principal and interest$2,059
Property taxes (1.50% a year)$390
Homeowners insurance (our estimate, 0.5% a year)$130
FHA mortgage insurance$138
Total per month$2,716

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Questions about home buying in Hickman

What is the median home value in Hickman?

About $311,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Hickman?

Homeowners pay a median $4,688 a year, which is about 1.50% 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 Hickman?

For the median home with 20% down at 7.11%, the payment is about $2,197 a month. Keeping that under 28% of gross income takes about $94,155 a year.

More about Hickman

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