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Cornlea

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

Median Home$259,800
Median Rent$844/month
Population29
Leading IndustriesInformation & Media · Finance & Insurance · Transportation10% information & media
Home Value Growth-2.5% over 2 years
Young Adults25% of residents
Homeowners83% of occupied units
NotableHigh Incomes$91k/year · top 24% nationally
Cornlea
NE

Frequently Asked Questions

What are today's mortgage rates in Cornlea?

As of today, the 30-year fixed mortgage rate for Cornlea is approximately 6.967% (7.009% 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 Cornlea?

The median home value in Cornlea is $260k. The median monthly rent is $844. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cornlea?

Home values in Cornlea have decreased 2.5% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

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

Based on a typical all-in ownership cost of $968/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cornlea is $91k/year.

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What industries drive the economy in Cornlea?

The largest employment sectors in Cornlea are public administration (20%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.