Total monthly cost of ownership
Cost to Own a Home in Beaver Lake, Nebraska
A $385,000 home here costs
$3,212per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $137,500 a year.
A standard mortgage calculator would have told you $2,099. The real number is $1,113 higher every month, 53% more than the payment most buyers budget for.
Compare Cass County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Beaver Lake from a five-year rolling sample, and with about 2,198 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Cass County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Beaver Lake against Cass County and Nebraska
| Measure | Beaver Lake | Cass County |
|---|---|---|
| Median home value | $384,500 | $247,200 |
| Median property tax | $4,221 | $3,545 |
| Effective tax rate | 1.098% | 1.434% |
| Median gross rent | — | $987 |
| Population | 2,198 | 26,963 |
The weather behind that power bill
Beaver Lake sits in Cass County, which averages a high of 85.9°F in its hottest month and a low of 13.7°F in its coldest, with 33.6" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 1,047 cooling and 6,037 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Cass County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cass County
Talk to someone who works this market
These are Beaver Lake averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Beaver Lake every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Beaver Lake I already own here and may sell
Common questions
How much does it cost to own a home in Beaver Lake?
A $385,000 home in Beaver Lake, Nebraska costs approximately $3,212 per month with 20% down at 7.24%. That is $2,099 principal and interest, $352 property tax, $242 homeowners insurance, $197 utilities and $321 set aside for maintenance.
What is the property tax rate in Beaver Lake?
Beaver Lake has an effective property tax rate of 1.098%, based on a median home value of $384,500 and median real estate taxes of $4,221. That is lower than the Cass County average of 1.434%.
What is the average home price in Beaver Lake?
The median owner-occupied home value in Beaver Lake, Nebraska is $384,500, against $247,200 across Cass County.
Is it cheaper to rent or buy in Beaver Lake?
Rent data is not published for Beaver Lake at this level of detail.
What salary do you need to buy a home in Beaver Lake?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Beaver Lake, Nebraska at today's rate takes a household income of roughly $137,500 a year. That covers the full $3,212 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Beaver Lake, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Nebraska.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.