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Ericson

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

Median Home$146,500
Median Rent$509/month
Population97
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade15% construction
Retirees27% of residentsabove average nationally
Homeowners78% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableTransit80/100 · excellent transit access
Ericson
NE

Frequently Asked Questions

What are today's mortgage rates in Ericson?

As of today, the 30-year fixed mortgage rate for Ericson 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.

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What is the median home price in Ericson?

The median home value in Ericson is $147k. The median monthly rent is $509. 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 Ericson?

Based on a typical all-in ownership cost of $563/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ericson is $70k/year.

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What industries drive the economy in Ericson?

The largest employment sectors in Ericson are public administration (20%) and agriculture and mining (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.