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Elmwood-Murdock

Learn about the people, housing, costs and businesses in Elmwood-Murdock, Nebraska

Median Home$270,026
Median Rent$1,043/month
Population2,251
Leading IndustriesInformation & Media · Manufacturing · Finance & Insurance9% information & media
Home Value Growth⬆⬆⬆+28.1% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners87% of occupied units
NotableHighly Educated27% hold a bachelor's degree · top 10% nationally
NotableHigh Incomes$92k/year · top 22% nationally
Elmwood-Murdock
NE

Frequently Asked Questions

What are today's mortgage rates in Elmwood-Murdock?

As of today, the 30-year fixed mortgage rate for Elmwood-Murdock is approximately 7.033% (7.074% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Elmwood-Murdock
What is the median home price in Elmwood-Murdock?

The median home value in Elmwood-Murdock is $270k. The median monthly rent is $1,043. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elmwood-Murdock?

Home values in Elmwood-Murdock have increased 28.1% over the past two years. This indicates a strong appreciation trend. 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 Elmwood-Murdock?

Based on a typical all-in ownership cost of $1,307/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Elmwood-Murdock is $92k/year.

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What industries drive the economy in Elmwood-Murdock?

The largest employment sectors in Elmwood-Murdock are public administration (19%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.