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Weeping Water

Learn about the people, housing, costs and businesses in Weeping Water, Nebraska

Median Home$235,770
Median Rent$1,042/month
Population1,893
Leading IndustriesInformation & Media · Finance & Insurance · Manufacturing11% information & media
Home Value Growth+9.6% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners88% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
NotableHigh Incomes$88k/year · top 27% nationally
Weeping Water
NE

Frequently Asked Questions

What are today's mortgage rates in Weeping Water?

As of today, the 30-year fixed mortgage rate for Weeping Water is approximately 7.033% (7.074% 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 Weeping Water?

The median home value in Weeping Water is $236k. The median monthly rent is $1,042. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Weeping Water?

Home values in Weeping Water have increased 9.6% 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 Weeping Water?

Based on a typical all-in ownership cost of $1,263/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Weeping Water is $88k/year.

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What industries drive the economy in Weeping Water?

The largest employment sectors in Weeping Water are public administration (24%) and information and media (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.