Total monthly cost of ownership
Cost to Own a Home in Hebron, Nebraska
A $117,000 home here costs
$1,093per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $601. The real number is $491 higher every month — 82% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Hebron against Thayer County and Nebraska
| Measure | Hebron | Thayer County |
|---|---|---|
| Median home value | $117,400 | $106,200 |
| Median property tax | $1,567 | $1,207 |
| Effective tax rate | 1.335% | 1.137% |
| Median gross rent | $756 | $738 |
| Population | 1,641 | 4,938 |
The weather behind that power bill
Hebron sits in Thayer County, which averages a high of 88.6°F in its hottest month and a low of 14.5°F in its coldest, with 31.08" of precipitation a year and 46% of it in a single three-month stretch. That climate drives 1,150 cooling and 5,931 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Thayer County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Thayer County
No other places of this size are published in Thayer County.
Full Thayer County cost breakdown · Every county in Nebraska
Common questions
How much does it cost to own a home in Hebron?
A $117,000 home in Hebron, Nebraska costs approximately $1,093 per month with 20% down at 6.66%. That is $601 principal and interest, $130 property tax, $74 homeowners insurance, $190 utilities and $98 set aside for maintenance.
What is the property tax rate in Hebron?
Hebron has an effective property tax rate of 1.335%, based on a median home value of $117,400 and median real estate taxes of $1,567. That is higher than the Thayer County average of 1.137%.
What is the average home price in Hebron?
The median owner-occupied home value in Hebron, Nebraska is $117,400, against $106,200 across Thayer County.
Is it cheaper to rent or buy in Hebron?
Median gross rent in Hebron is $756 a month, against $1,093 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Hebron — 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.