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Hershey

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

Median Home$213,000
Median Rent$598/month
Population645
Leading IndustriesInformation & Media · Finance & Insurance · Construction27% information & media
Home Value Growth+6.4% over 2 years
Retirees22% of residentsnear the national average
Homeowners75% of occupied units
NotableTransit81/100 · excellent transit access
Hershey
NE

Frequently Asked Questions

What are today's mortgage rates in Hershey?

As of today, the 30-year fixed mortgage rate for Hershey 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 Hershey?

The median home value in Hershey is $213k. The median monthly rent is $598. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hershey?

Home values in Hershey have increased 6.4% 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 Hershey?

Based on a typical all-in ownership cost of $844/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hershey is $72k/year.

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What industries drive the economy in Hershey?

The largest employment sectors in Hershey are information and media (27%) and public administration (27%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.