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Platte Center

Learn about the people, housing, costs and businesses in Platte Center, Nebraska

Median Home$273,200
Median Rent$1,188/month
Population387
Leading IndustriesRetail · Public Administration16% retail
Home Value Growth⬆⬆⬆+43.9% over 2 years
Young Adults28% of residentsnear the national average
Homeowners87% of occupied units
NotableHigh Incomes$98k/year · top 18% nationally
Platte Center
NE

Frequently Asked Questions

What are today's mortgage rates in Platte Center?

As of today, the 30-year fixed mortgage rate for Platte Center is approximately 6.957% (6.998% 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 Platte Center?

The median home value in Platte Center is $273k. The median monthly rent is $1,188. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Platte Center?

Home values in Platte Center have increased 43.9% 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 Platte Center?

Based on a typical all-in ownership cost of $1,232/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Platte Center is $98k/year.

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What industries drive the economy in Platte Center?

The largest employment sectors in Platte Center are public administration (26%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.