Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Palmyra District OR-1

Learn about the people, housing, costs and businesses in Palmyra District OR-1, Nebraska

Median Home$285,847
Median Rent$1,050/month
Population3,748
Leading IndustriesWholesale Trade · Public Administration · Education10% wholesale trade
Home Value Growth⬆⬆+15.9% over 2 years
Family-Friendly28% of residentstop 4% nationally
Homeowners90% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
NotableHigh Incomes$98k/year · top 17% nationally
Palmyra District OR-1
NE

Explore Palmyra District OR-1

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Palmyra District OR-1?

As of today, the 30-year fixed mortgage rate for Palmyra District OR-1 is approximately 6.912% (6.949% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Palmyra District OR-1
What is the median home price in Palmyra District OR-1?

The median home value in Palmyra District OR-1 is $286k. The median monthly rent is $1,050. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Palmyra District OR-1?

Home values in Palmyra District OR-1 have increased 15.9% 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 Palmyra District OR-1?

Based on a typical all-in ownership cost of $1,366/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Palmyra District OR-1 is $98k/year.

Calculate your buying power
What industries drive the economy in Palmyra District OR-1?

The largest employment sectors in Palmyra District OR-1 are public administration (26%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.