Total monthly cost of ownership
Cost to Own a Home in Imperial, Nebraska
A $177,000 home here costs
$1,640per 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 $70,500 a year.
A standard mortgage calculator would have told you $965. The real number is $675 higher every month, 70% more than the payment most buyers budget for.
Compare Chase County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Imperial from a five-year rolling sample, and with about 2,182 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 Chase 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.
Imperial against Chase County and Nebraska
| Measure | Imperial | Chase County |
|---|---|---|
| Median home value | $176,700 | $178,700 |
| Median property tax | $2,623 | $2,156 |
| Effective tax rate | 1.484% | 1.206% |
| Median gross rent | $1,046 | $749 |
| Population | 2,182 | 3,639 |
The weather behind that power bill
Imperial sits in Chase County, which averages a high of 90.9°F in its hottest month and a low of 16.1°F in its coldest, with 17.47" of precipitation a year and 50% of it in a single three-month stretch. That climate drives 1,015 cooling and 5,961 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Chase County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Chase County
No other places of this size are published in Chase County.
Talk to someone who works this market
These are Imperial 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 Imperial every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Imperial I already own here and may sell
Common questions
How much does it cost to own a home in Imperial?
A $177,000 home in Imperial, Nebraska costs approximately $1,640 per month with 20% down at 7.24%. That is $965 principal and interest, $219 property tax, $111 homeowners insurance, $197 utilities and $148 set aside for maintenance.
What is the property tax rate in Imperial?
Imperial has an effective property tax rate of 1.484%, based on a median home value of $176,700 and median real estate taxes of $2,623. That is higher than the Chase County average of 1.206%.
What is the average home price in Imperial?
The median owner-occupied home value in Imperial, Nebraska is $176,700, against $178,700 across Chase County.
Is it cheaper to rent or buy in Imperial?
Median gross rent in Imperial is $1,046 a month, against $1,640 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 Imperial?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Imperial, Nebraska at today's rate takes a household income of roughly $70,500 a year. That covers the full $1,640 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Imperial, 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.