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Sumner

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

Median Home$146,700
Median Rent$594/month
Population257
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare4% education
Home Value Growth⬆⬆⬆+24.6% over 2 years
Retirees35% of residentstop 3% nationally
Homeowners70% of occupied units
NotableHigh Incomes$98k/year · top 18% nationally
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Sumner
NE

Frequently Asked Questions

What are today's mortgage rates in Sumner?

As of today, the 30-year fixed mortgage rate for Sumner is approximately 6.782% (6.814% 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 Sumner?

The median home value in Sumner is $147k. The median monthly rent is $594. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sumner?

Home values in Sumner have increased 24.6% 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 Sumner?

Based on a typical all-in ownership cost of $861/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sumner is $98k/year.

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What industries drive the economy in Sumner?

The largest employment sectors in Sumner are healthcare (14%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.