Quick facts: Ohiowa, NE

Quick Facts

94.7
Cost of Living
below US average
121
Population
41.32
Crime Rate per 1000
above US average
$49,000
Median Income
below US average
$139,000
Median House Price
above US average
$1313
Average Rent
below US average
Poverty rate Data is updating, will be available soon
3.0%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $49,000.

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Income Needed to Buy

βœ“ Affordable
$44k/year
Based on $139,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($49,000) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$56k/year
Based on $1313/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $56k vs median $49,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Ohiowa, NE

Ohiowa is a small village located in Fillmore County, Nebraska, known for its close-knit community and rural charm. With a population of around 150 residents, it exemplifies small-town living in the heart of the Great Plains. The village features a serene atmosphere, surrounded by picturesque landscapes, farmland, and the natural beauty of the Nebraska countryside. The economy in Ohiowa primarily revolves around agriculture, with many residents involved in farming and related activities. This vibrant agricultural backdrop contributes to the town’s identity and local culture. While Ohiowa may not have a bustling downtown or extensive commercial amenities, it is located within a short drive of larger towns for shopping and services. Residents enjoy a tight community feel, and local events often bring people together. Ohiowa’s rural setting offers opportunities for outdoor activities such as hiking, bird watching, and photography, especially in the nearby parks and fields. The village prides itself on its friendly atmosphere, making it a welcoming place for newcomers. Overall, Ohiowa, NE, embodies the essence of small-town life, emphasizing community, simplicity, and a deep connection to the land.

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