The typical owner-occupied home in Humphrey is worth about $231,300, 3% below the Nebraska median of $238,600 and 30% below the national median of $332,700. Owners pay a median $2,265 a year in property taxes, about 0.98% of their home's value, lower than the Nebraska rate of 1.49%. The median household earns $73,977 a year, so the median home costs 3.1 times the median income (3.1 times for Nebraska). 90% of occupied homes here are lived in by their owners, and 47% of those owners still have a mortgage.
Humphrey at a glance
| Humphrey | Nebraska | U.S. | |
|---|---|---|---|
| Median home value | $231,300 | $238,600 | $332,700 |
| Median property tax paid per year | $2,265 | $3,549 | $3,119 |
| Property tax as a share of value | 0.98% | 1.49% | 0.94% |
| Median household income | $73,977 | $76,475 | $80,734 |
| Homes lived in by their owners | 90% | 67% | 65% |
| Owner homes with a mortgage | 47% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,596 | $1,736 | $1,963 |
| Those costs as a share of the owners' income | 18.0% | 19.5% | 21.0% |
| Median rent | $721 | $1,072 | $1,413 |
| Rent as a share of renters' income | 18.6% | 27.9% | 30.6% |
| Median year homes were built | 1961 | 1975 | 1980 |
| Vacant homes | 5.4% | 7.6% | 10.1% |
| Population | 713 | 1,978,707 | 334,922,499 |
What a typical home costs per month in Humphrey
At this week's average 30-year rate of 7.11%, buying the median Humphrey home of $231,300 with 20% down costs about $1,530 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,915, 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 $65,574 for the 20%-down payment. That payment is 25% of the median Humphrey household income of $73,977; at that income and 20% down, the 28% guideline points to a home of about $261,000.
The median rent here is $721 a month, so owning the median home costs about $809 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $46,260 |
|---|---|
| Loan amount | $185,040 |
| Principal and interest | $1,245 |
| Property taxes (0.98% a year) | $189 |
| Homeowners insurance (our estimate, 0.5% a year) | $96 |
| PMI | $0 |
| Total per month | $1,530 |
Change the numbers in the calculator
| Down payment | $8,096 |
|---|---|
| Loan amount | $227,111 |
| Principal and interest | $1,528 |
| Property taxes (0.98% a year) | $189 |
| Homeowners insurance (our estimate, 0.5% a year) | $96 |
| FHA mortgage insurance | $102 |
| Total per month | $1,915 |
Change the numbers in the calculator
Questions about home buying in Humphrey
What is the median home value in Humphrey?
About $231,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Humphrey?
Homeowners pay a median $2,265 a year, which is about 0.98% 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 Humphrey?
For the median home with 20% down at 7.11%, the payment is about $1,530 a month. Keeping that under 28% of gross income takes about $65,574 a year.
More about Humphrey
- Mortgage Refinance in Humphrey
- Debt Relief in Humphrey
- Home Equity Loans in Humphrey
- 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