Total monthly cost of ownership
Cost to Own a Home in Kimball, Nebraska
A $106,000 home here costs
$1,045per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $545. The real number is $500 higher every month — 92% 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.
Kimball against Kimball County and Nebraska
| Measure | Kimball | Kimball County |
|---|---|---|
| Median home value | $105,700 | $109,900 |
| Median property tax | $1,856 | $1,905 |
| Effective tax rate | 1.756% | 1.733% |
| Median gross rent | $847 | $853 |
| Population | 2,153 | 3,348 |
The weather behind that power bill
Kimball sits in Kimball County, which averages a high of 86.2°F in its hottest month and a low of 12.8°F in its coldest, with 15.83" of precipitation a year and 46% of it in a single three-month stretch. That climate drives 453 cooling and 7,108 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Kimball County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Kimball County
No other places of this size are published in Kimball County.
Full Kimball County cost breakdown · Every county in Nebraska
Common questions
How much does it cost to own a home in Kimball?
A $106,000 home in Kimball, Nebraska costs approximately $1,045 per month with 20% down at 6.66%. That is $545 principal and interest, $155 property tax, $67 homeowners insurance, $190 utilities and $88 set aside for maintenance.
What is the property tax rate in Kimball?
Kimball has an effective property tax rate of 1.756%, based on a median home value of $105,700 and median real estate taxes of $1,856. That is higher than the Kimball County average of 1.733%.
What is the average home price in Kimball?
The median owner-occupied home value in Kimball, Nebraska is $105,700, against $109,900 across Kimball County.
Is it cheaper to rent or buy in Kimball?
Median gross rent in Kimball is $847 a month, against $1,045 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 Kimball — 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.