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King Lake

Learn about the people, housing, costs and businesses in King Lake, Nebraska

Median Home$455,300
Median Rent$988/month
Population122
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare3% education
Home Value Growth⬆⬆⬆+26.6% over 2 years
Retirees33% of residentstop 4% nationally
Homeowners76% of occupied units
NotableHighly Educated28% hold a bachelor's degree · top 12% nationally
NotableVeteran Community10% of residents · top 14% nationally
King Lake
NE

Frequently Asked Questions

What are today's mortgage rates in King Lake?

As of today, the 30-year fixed mortgage rate for King Lake is approximately 6.829% (6.863% 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 King Lake?

The median home value in King Lake is $455k. The median monthly rent is $988. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in King Lake?

Home values in King Lake have increased 26.6% 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 King Lake?

Based on a typical all-in ownership cost of $1,420/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in King Lake is $102k/year.

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What industries drive the economy in King Lake?

The largest employment sectors in King Lake are public administration (15%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.