Quick facts: Bee, NE

Quick Facts

94.7
Cost of Living
below US average
169
Population
59.17
Crime Rate per 1000
above US average
$63,750
Median Income
below US average
$1,250,000
Median House Price
above US average
$1313
Average Rent
below US average
5%
Poverty Rate
below US average
2.5%
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 $63,750.

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Income Needed to Buy

βœ— Stretch
$392k/year
Based on $1,250,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $392k vs median $63,750
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Income Needed to Rent

βœ“ Affordable
$56k/year
Based on $1313/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($63,750) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bee, NE

Bee is a small village located in the state of Nebraska, specifically in Butler County. With a population of around 200 residents, it offers a tight-knit community atmosphere. The village is known for its rural charm, surrounded by agricultural land, which is a significant part of the local economy. Bee features a peaceful environment, making it ideal for those seeking a slower pace of life away from bustling urban areas. The village is characterized by its friendly neighbors, local events, and a close connection to nature. While it may not offer extensive amenities, residents enjoy the simplicity and tranquility of small-town living. In terms of services, Bee has basic establishments and is within a short drive to larger towns in Butler County, such as David City, where more amenities, shopping, and dining options can be found. The area is also well-suited for outdoor activities, with opportunities for hiking, fishing, and enjoying the scenic Nebraska landscapes. Overall, Bee, NE, captures the essence of rural Nebraska living, making it a quaint spot for those looking to escape the hustle and bustle of city life.

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