Total monthly cost of ownership
Cost to Own a Home in Pierce, Nebraska
A $158,000 home here costs
$1,412per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $812. The real number is $600 higher every month — 74% 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.
Pierce against Pierce County and Nebraska
| Measure | Pierce | Pierce County |
|---|---|---|
| Median home value | $157,600 | $182,700 |
| Median property tax | $2,134 | $2,115 |
| Effective tax rate | 1.354% | 1.158% |
| Median gross rent | $883 | $850 |
| Population | 1,986 | 7,312 |
The weather behind that power bill
Pierce sits in Pierce County, which averages a high of 86.3°F in its hottest month and a low of 9.9°F in its coldest, with 27.53" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 850 cooling and 6,983 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Pierce County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pierce County
Full Pierce County cost breakdown · Every county in Nebraska
Common questions
How much does it cost to own a home in Pierce?
A $158,000 home in Pierce, Nebraska costs approximately $1,412 per month with 20% down at 6.66%. That is $812 principal and interest, $178 property tax, $99 homeowners insurance, $190 utilities and $132 set aside for maintenance.
What is the property tax rate in Pierce?
Pierce has an effective property tax rate of 1.354%, based on a median home value of $157,600 and median real estate taxes of $2,134. That is higher than the Pierce County average of 1.158%.
What is the average home price in Pierce?
The median owner-occupied home value in Pierce, Nebraska is $157,600, against $182,700 across Pierce County.
Is it cheaper to rent or buy in Pierce?
Median gross rent in Pierce is $883 a month, against $1,412 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 Pierce — 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.