Total monthly cost of ownership
Cost to Own a Home in Stanton, Nebraska
A $161,000 home here costs
$1,477per 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 $63,500 a year.
A standard mortgage calculator would have told you $878. The real number is $599 higher every month, 68% more than the payment most buyers budget for.
Compare Stanton County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Stanton from a five-year rolling sample, and with about 1,824 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 Stanton 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.
Stanton against Stanton County and Nebraska
| Measure | Stanton | Stanton County |
|---|---|---|
| Median home value | $161,300 | $184,300 |
| Median property tax | $1,997 | $2,409 |
| Effective tax rate | 1.238% | 1.307% |
| Median gross rent | $784 | $817 |
| Population | 1,824 | 5,835 |
The weather behind that power bill
Stanton sits in Stanton County, which averages a high of 86.4°F in its hottest month and a low of 11.8°F in its coldest, with 27.01" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 907 cooling and 6,623 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Stanton County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Stanton County
Full Stanton County cost breakdown · Every county in Nebraska
Talk to someone who works this market
These are Stanton 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 Stanton every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Stanton I already own here and may sell
Common questions
How much does it cost to own a home in Stanton?
A $161,000 home in Stanton, Nebraska costs approximately $1,477 per month with 20% down at 7.24%. That is $878 principal and interest, $166 property tax, $101 homeowners insurance, $197 utilities and $134 set aside for maintenance.
What is the property tax rate in Stanton?
Stanton has an effective property tax rate of 1.238%, based on a median home value of $161,300 and median real estate taxes of $1,997. That is lower than the Stanton County average of 1.307%.
What is the average home price in Stanton?
The median owner-occupied home value in Stanton, Nebraska is $161,300, against $184,300 across Stanton County.
Is it cheaper to rent or buy in Stanton?
Median gross rent in Stanton is $784 a month, against $1,477 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 Stanton?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Stanton, Nebraska at today's rate takes a household income of roughly $63,500 a year. That covers the full $1,477 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Stanton, 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.