Total monthly cost of ownership
Cost to Own a Home in Fort Calhoun, Nebraska
A $272,000 home here costs
$2,452per 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 $105,000 a year.
A standard mortgage calculator would have told you $1,483. The real number is $969 higher every month, 65% more than the payment most buyers budget for.
Compare Washington County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Fort Calhoun from a five-year rolling sample, and with about 1,246 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 Washington 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.
Fort Calhoun against Washington County and Nebraska
| Measure | Fort Calhoun | Washington County |
|---|---|---|
| Median home value | $271,600 | $278,300 |
| Median property tax | $4,475 | $4,106 |
| Effective tax rate | 1.648% | 1.475% |
| Median gross rent | $1,073 | $958 |
| Population | 1,246 | 20,989 |
The weather behind that power bill
Fort Calhoun sits in Washington County, which averages a high of 86.7°F in its hottest month and a low of 12.3°F in its coldest, with 28.26" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 1,014 cooling and 6,408 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Washington County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Washington County
Full Washington County cost breakdown · Every county in Nebraska
Talk to someone who works this market
These are Fort Calhoun 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 Fort Calhoun every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Fort Calhoun I already own here and may sell
Common questions
How much does it cost to own a home in Fort Calhoun?
A $272,000 home in Fort Calhoun, Nebraska costs approximately $2,452 per month with 20% down at 7.24%. That is $1,483 principal and interest, $374 property tax, $171 homeowners insurance, $197 utilities and $227 set aside for maintenance.
What is the property tax rate in Fort Calhoun?
Fort Calhoun has an effective property tax rate of 1.648%, based on a median home value of $271,600 and median real estate taxes of $4,475. That is higher than the Washington County average of 1.475%.
What is the average home price in Fort Calhoun?
The median owner-occupied home value in Fort Calhoun, Nebraska is $271,600, against $278,300 across Washington County.
Is it cheaper to rent or buy in Fort Calhoun?
Median gross rent in Fort Calhoun is $1,073 a month, against $2,452 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Fort Calhoun?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Fort Calhoun, Nebraska at today's rate takes a household income of roughly $105,000 a year. That covers the full $2,452 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Fort Calhoun, 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.