Total monthly cost of ownership
Cost to Own a Home in Tecumseh, Nebraska
A $104,000 home here costs
$1,004per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $535. The real number is $469 higher every month — 88% 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.
Tecumseh against Johnson County and Nebraska
| Measure | Tecumseh | Johnson County |
|---|---|---|
| Median home value | $104,300 | $131,500 |
| Median property tax | $1,527 | $1,993 |
| Effective tax rate | 1.464% | 1.516% |
| Median gross rent | $842 | $777 |
| Population | 1,844 | 5,263 |
The weather behind that power bill
Tecumseh sits in Johnson County, which averages a high of 87.9°F in its hottest month and a low of 12.7°F in its coldest, with 32.27" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 1,102 cooling and 6,053 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Johnson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Johnson County
No other places of this size are published in Johnson County.
Full Johnson County cost breakdown · Every county in Nebraska
Common questions
How much does it cost to own a home in Tecumseh?
A $104,000 home in Tecumseh, Nebraska costs approximately $1,004 per month with 20% down at 6.66%. That is $535 principal and interest, $127 property tax, $65 homeowners insurance, $190 utilities and $87 set aside for maintenance.
What is the property tax rate in Tecumseh?
Tecumseh has an effective property tax rate of 1.464%, based on a median home value of $104,300 and median real estate taxes of $1,527. That is lower than the Johnson County average of 1.516%.
What is the average home price in Tecumseh?
The median owner-occupied home value in Tecumseh, Nebraska is $104,300, against $131,500 across Johnson County.
Is it cheaper to rent or buy in Tecumseh?
Median gross rent in Tecumseh is $842 a month, against $1,004 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 Tecumseh — 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.