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Nemaha

Learn about the people, housing, costs and businesses in Nemaha, Iowa

Median Home$106,000
Median Rent$759/month
Population71
Leading IndustriesRetail · Construction · Agriculture & Mining24% retail
Home Value Growth+3.9% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners80% of occupied units
NotableAffordable Market$106k median home · lower cost than 90% of the country
Nemaha
IA

Frequently Asked Questions

What are today's mortgage rates in Nemaha?

As of today, the 30-year fixed mortgage rate for Nemaha is approximately 6.978% (7.020% 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 Nemaha?

The median home value in Nemaha is $106k. The median monthly rent is $759. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nemaha?

Home values in Nemaha have increased 3.9% 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 Nemaha?

Based on a typical all-in ownership cost of $749/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nemaha is $78k/year.

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What industries drive the economy in Nemaha?

The largest employment sectors in Nemaha are retail (24%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.