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Banner County Housing Market

Nebraska · 93 counties · Ranked #1439 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$166,300

vs national$166,300 vs $281,900 national

Median Gross Rent

$975/mo

vs national$975 vs $1,163 national

Effective Tax Rate

1.51%

vs national+1.51% vs 1.02% national

Median Household Income

$71,250

vs national$71,250 vs $74,755 national

Affordability Ratio

2.3x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

26.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,516

Tax as % of Home Value

1.51%

Monthly Owner Cost

$793

Renter Income

$44,750

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Banner County?

The median home value in Banner County is $166,300. This is below the national median of $281,900.

How much is rent in Banner County?

The median gross rent in Banner County is $975 per month.

What is the property tax rate in Banner County?

The effective property tax rate in Banner County is 1.51%. The median annual property tax bill is $2,516.

Is Banner County affordable?

With a home-value-to-income ratio of 2.3x, Banner County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.