The typical owner-occupied home in Utica is worth about $188,700, 21% below the Nebraska median of $238,600 and 43% below the national median of $332,700. Owners pay a median $1,938 a year in property taxes, about 1.03% of their home's value, lower than the Nebraska rate of 1.49%. The median household earns $88,304 a year, so the median home costs 2.1 times the median income (3.1 times for Nebraska). 69% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Utica at a glance
| Utica | Nebraska | U.S. | |
|---|---|---|---|
| Median home value | $188,700 | $238,600 | $332,700 |
| Median property tax paid per year | $1,938 | $3,549 | $3,119 |
| Property tax as a share of value | 1.03% | 1.49% | 0.94% |
| Median household income | $88,304 | $76,475 | $80,734 |
| Homes lived in by their owners | 69% | 67% | 65% |
| Owner homes with a mortgage | 69% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,377 | $1,736 | $1,963 |
| Those costs as a share of the owners' income | 16.9% | 19.5% | 21.0% |
| Median rent | $967 | $1,072 | $1,413 |
| Rent as a share of renters' income | 20.3% | 27.9% | 30.6% |
| Median year homes were built | 1956 | 1975 | 1980 |
| Vacant homes | 2.6% | 7.6% | 10.1% |
| Population | 1,015 | 1,978,707 | 334,922,499 |
What a typical home costs per month in Utica
At this week's average 30-year rate of 7.11%, buying the median Utica home of $188,700 with 20% down costs about $1,256 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,570, 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 $53,833 for the 20%-down payment. That payment is 17% of the median Utica household income of $88,304; at that income and 20% down, the 28% guideline points to a home of about $310,000.
The median rent here is $967 a month, so owning the median home costs about $289 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $37,740 |
|---|---|
| Loan amount | $150,960 |
| Principal and interest | $1,016 |
| Property taxes (1.03% a year) | $162 |
| Homeowners insurance (our estimate, 0.5% a year) | $79 |
| PMI | $0 |
| Total per month | $1,256 |
Change the numbers in the calculator
| Down payment | $6,604 |
|---|---|
| Loan amount | $185,282 |
| Principal and interest | $1,246 |
| Property taxes (1.03% a year) | $162 |
| Homeowners insurance (our estimate, 0.5% a year) | $79 |
| FHA mortgage insurance | $83 |
| Total per month | $1,570 |
Change the numbers in the calculator
Questions about home buying in Utica
What is the median home value in Utica?
About $188,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Utica?
Homeowners pay a median $1,938 a year, which is about 1.03% 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 Utica?
For the median home with 20% down at 7.11%, the payment is about $1,256 a month. Keeping that under 28% of gross income takes about $53,833 a year.
More about Utica
- Mortgage Refinance in Utica
- Debt Relief in Utica
- Home Equity Loans in Utica
- 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