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Meadow Grove

Learn about the people, housing, costs and businesses in Meadow Grove, Nebraska

Median Home$205,500
Median Rent$1,020/month
Population272
Leading IndustriesTransportation · Information & Media · Construction5% transportation
Home Value Growth⬆⬆+18.6% over 2 years
Family-Friendly29% of residentswell above average
Homeowners82% of occupied units
Meadow Grove
NE

Frequently Asked Questions

What are today's mortgage rates in Meadow Grove?

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

The median home value in Meadow Grove is $206k. The median monthly rent is $1,020. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Meadow Grove?

Home values in Meadow Grove have increased 18.6% 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 Meadow Grove?

Based on a typical all-in ownership cost of $962/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Meadow Grove is $84k/year.

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What industries drive the economy in Meadow Grove?

The largest employment sectors in Meadow Grove are public administration (25%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.