Quick facts: Douglas, NE

Quick Facts

94.7
Cost of Living
below US average
171
Population
29.24
Crime Rate per 1000
above US average
$65,000
Median Income
below US average
$420,000
Median House Price
above US average
$1313
Average Rent
below US average
Poverty rate Data is updating, will be available soon
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 $65,000.

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Income Needed to Buy

βœ— Stretch
$132k/year
Based on $420,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $132k vs median $65,000
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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 ($65,000) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Douglas, NE

Douglas is a small village located in Douglas County, Nebraska. With a population of just over 1,000 residents, it offers a cozy, tight-knit community atmosphere. Nestled in the eastern part of the state, Douglas is surrounded by scenic countryside and agricultural landscapes, providing a tranquil setting for its inhabitants. The village is known for its friendly residents and low crime rate, making it an attractive place for families and individuals seeking a quiet lifestyle. Local amenities include essential shops, parks, and recreational facilities that cater to the needs of the community. Residents often engage in outdoor activities such as hiking, fishing, and farming, aligning with the area's rural charm. Douglas also hosts various community events throughout the year, celebrating local culture and fostering community spirit. The nearby city of Omaha, only a short drive away, offers a broader range of services, entertainment, and cultural experiences, making it an ideal complement to life in Douglas. Overall, this village embodies the essence of small-town living while being conveniently close to urban amenities.

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