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Lebanon

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

Median Home$161,500
Median Rent$788/month
Population47
Leading IndustriesAgriculture & Mining · Construction · Transportation39% agriculture & mining
Home Value Growth+7.7% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners90% of occupied units
NotableAffordable Market$162k median home · lower cost than 69% of the country
Lebanon
NE

Frequently Asked Questions

What are today's mortgage rates in Lebanon?

As of today, the 30-year fixed mortgage rate for Lebanon is approximately 6.880% (6.915% 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 Lebanon?

The median home value in Lebanon is $162k. The median monthly rent is $788. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lebanon?

Home values in Lebanon have increased 7.7% 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 Lebanon?

Based on a typical all-in ownership cost of $707/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lebanon is $83k/year.

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What industries drive the economy in Lebanon?

The largest employment sectors in Lebanon are agriculture and mining (39%) and construction (39%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.