Total monthly cost of ownership
Cost to Own a Home in Tekamah, Nebraska
A $114,000 home here costs
$1,131per 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 $48,500 a year.
A standard mortgage calculator would have told you $622. The real number is $510 higher every month, 82% more than the payment most buyers budget for.
Compare Burt County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Tekamah from a five-year rolling sample, and with about 1,691 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 Burt 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.
Tekamah against Burt County and Nebraska
| Measure | Tekamah | Burt County |
|---|---|---|
| Median home value | $113,900 | $125,400 |
| Median property tax | $1,745 | $1,824 |
| Effective tax rate | 1.532% | 1.455% |
| Median gross rent | $677 | $688 |
| Population | 1,691 | 6,730 |
The weather behind that power bill
Tekamah sits in Burt County, which averages a high of 86.7°F in its hottest month and a low of 12.3°F in its coldest, with 28.26" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 1,014 cooling and 6,408 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Burt County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Burt County
Talk to someone who works this market
These are Tekamah 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 Tekamah every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Tekamah I already own here and may sell
Common questions
How much does it cost to own a home in Tekamah?
A $114,000 home in Tekamah, Nebraska costs approximately $1,131 per month with 20% down at 7.24%. That is $622 principal and interest, $146 property tax, $72 homeowners insurance, $197 utilities and $95 set aside for maintenance.
What is the property tax rate in Tekamah?
Tekamah has an effective property tax rate of 1.532%, based on a median home value of $113,900 and median real estate taxes of $1,745. That is higher than the Burt County average of 1.455%.
What is the average home price in Tekamah?
The median owner-occupied home value in Tekamah, Nebraska is $113,900, against $125,400 across Burt County.
Is it cheaper to rent or buy in Tekamah?
Median gross rent in Tekamah is $677 a month, against $1,131 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 Tekamah?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Tekamah, Nebraska at today's rate takes a household income of roughly $48,500 a year. That covers the full $1,131 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Tekamah, 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.