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Merna

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

Median Home$174,300
Median Rent$768/month
Population347
Leading IndustriesFinance & Insurance · Information & Media9% finance & insurance
Home Value Growth+4.4% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners79% of occupied units
NotableTransit82/100 · excellent transit access
Merna
NE

Frequently Asked Questions

What are today's mortgage rates in Merna?

As of today, the 30-year fixed mortgage rate for Merna is approximately 6.900% (6.936% 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 Merna?

The median home value in Merna is $174k. The median monthly rent is $768. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Merna?

Home values in Merna have increased 4.4% 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 Merna?

Based on a typical all-in ownership cost of $820/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Merna is $66k/year.

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What industries drive the economy in Merna?

The largest employment sectors in Merna are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.