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Buying a home in Rockville, Nebraska

The typical owner-occupied home in Rockville is worth about $39,200, 84% below the Nebraska median of $238,600 and 88% below the national median of $332,700. Owners pay a median $690 a year in property taxes, about 1.76% of their home's value, higher than the Nebraska rate of 1.49%. The median household earns $35,833 a year, so the median home costs 1.1 times the median income (3.1 times for Nebraska). 94% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.

Rockville at a glance

Rockville Nebraska U.S.
Median home value $39,200 $238,600 $332,700
Median property tax paid per year $690 $3,549 $3,119
Property tax as a share of value 1.76% 1.49% 0.94%
Median household income $35,833 $76,475 $80,734
Homes lived in by their owners 94% 67% 65%
Owner homes with a mortgage 55% 58% 61%
Median monthly costs, owners with a mortgage $1,016 $1,736 $1,963
Those costs as a share of the owners' income 20.0% 19.5% 21.0%
Median rent – $1,072 $1,413
Median year homes were built 1938 1975 1980
Vacant homes 12.7% 7.6% 10.1%
Population 169 1,978,707 334,922,499

What a typical home costs per month in Rockville

At this week's average 30-year rate of 7.11%, buying the median Rockville home of $39,200 with 20% down costs about $285 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $350, 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 $12,205 for the 20%-down payment. That payment is 10% of the median Rockville household income of $35,833; at that income and 20% down, the 28% guideline points to a home of about $115,000.

20% down, 30-year conventional loan
Down payment$7,840
Loan amount$31,360
Principal and interest$211
Property taxes (1.76% a year)$57
Homeowners insurance (our estimate, 0.5% a year)$16
PMI$0
Total per month$285

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3.5% down, 30-year FHA loan
Down payment$1,372
Loan amount$38,490
Principal and interest$259
Property taxes (1.76% a year)$57
Homeowners insurance (our estimate, 0.5% a year)$16
FHA mortgage insurance$17
Total per month$350

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Questions about home buying in Rockville

What is the median home value in Rockville?

About $39,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Rockville?

Homeowners pay a median $690 a year, which is about 1.76% 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 Rockville?

For the median home with 20% down at 7.11%, the payment is about $285 a month. Keeping that under 28% of gross income takes about $12,205 a year.

More about Rockville

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