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Benkelman

Learn about the people, housing, costs and businesses in Benkelman, Nebraska

Median Home$143,400
Median Rent$656/month
Population862
Leading IndustriesConstruction · Agriculture & Mining · Transportation12% construction
Retirees21% of residentsnear the national average
Homeowners74% of occupied units
NotableAffordable Market$143k median home · lower cost than 77% of the country
Benkelman
NE

Frequently Asked Questions

What are today's mortgage rates in Benkelman?

As of today, the 30-year fixed mortgage rate for Benkelman is approximately 6.915% (6.952% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Benkelman?

The median home value in Benkelman is $143k. The median monthly rent is $656. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Benkelman?

Based on a typical all-in ownership cost of $606/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Benkelman is $59k/year.

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What industries drive the economy in Benkelman?

The largest employment sectors in Benkelman are public administration (21%) and agriculture and mining (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.