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Oakland Craig

Learn about the people, housing, costs and businesses in Oakland Craig, Nebraska

Median Home$163,582
Median Rent$744/month
Population2,197
Leading IndustriesWholesale Trade · Construction · Finance & Insurance13% wholesale trade
Home Value Growth+6.1% over 2 years
Retirees22% of residentsslightly above average
Homeowners73% of occupied units
NotableAffordable Market$164k median home · lower cost than 78% of the country
NotableHighly Educated22% hold a bachelor's degree · top 24% nationally
Oakland Craig
NE

Frequently Asked Questions

What are today's mortgage rates in Oakland Craig?

As of today, the 30-year fixed mortgage rate for Oakland Craig is approximately 7.018% (7.062% 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 Oakland Craig?

The median home value in Oakland Craig is $164k. The median monthly rent is $744. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Oakland Craig?

Home values in Oakland Craig have increased 6.1% 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 Oakland Craig?

Based on a typical all-in ownership cost of $904/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Oakland Craig is $69k/year.

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What industries drive the economy in Oakland Craig?

The largest employment sectors in Oakland Craig are public administration (20%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.