Quick facts: Firth, NE

Quick Facts

94.7
Cost of Living
below US average
654
Population
1.53
Crime Rate per 1000
below US average
$86,042
Median Income
above US average
$624,900
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 $86,042.

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Income Needed to Buy

βœ— Stretch
$196k/year
Based on $624,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $196k vs median $86,042
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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 ($86,042) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Firth, NE

Firth is a small village located in Cass County, Nebraska, with a population of approximately 300 residents. Nestled just off Highway 2, it is a close-knit community characterized by its friendly atmosphere and rural charm. Firth was established in the late 19th century and is known for its agricultural roots, with surrounding farmlands contributing to its quaint and serene environment. The village offers basic amenities, including local shops and parks, making it an ideal spot for those seeking a slower-paced lifestyle. Its proximity to Lincoln, just about 15 miles to the west, allows residents to enjoy the conveniences of a larger city while maintaining the tranquility of small-town living. Firth is also home to the local Firth Community Center, which hosts various events and activities for residents, fostering a strong sense of community. With its picturesque surroundings and welcoming spirit, Firth, NE, embodies the essence of rural Nebraska living.

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