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Grafton

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

Median Home$165,100
Median Rent$721/month
Population105
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality6% education
Home Value Growth+7.5% over 2 years
Retirees22% of residentsnear the national average
Homeowners79% of occupied units
NotableHighly Educated53% hold a bachelor's degree · top 1% nationally
NotableAffordable Market$165k median home · lower cost than 67% of the country
Grafton
NE

Frequently Asked Questions

What are today's mortgage rates in Grafton?

As of today, the 30-year fixed mortgage rate for Grafton is approximately 6.791% (6.823% 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 Grafton?

The median home value in Grafton is $165k. The median monthly rent is $721. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grafton?

Home values in Grafton have increased 7.5% over the past two years. This represents moderate growth. 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 Grafton?

Based on a typical all-in ownership cost of $776/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grafton is $80k/year.

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What industries drive the economy in Grafton?

The largest employment sectors in Grafton are healthcare (23%) and public administration (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.