Quick facts: Giltner, NE

Quick Facts

94.7
Cost of Living
below US average
408
Population
49.02
Crime Rate per 1000
above US average
$71,250
Median Income
below US average
$350,000
Median House Price
above US average
$1313
Average Rent
below US average
8%
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 $71,250.

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Income Needed to Buy

βœ— Stretch
$110k/year
Based on $350,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $110k vs median $71,250
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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 ($71,250) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Giltner, NE

Giltner is a small village located in Hamilton County, Nebraska. With a population of just under 400 residents, it embodies the charm of rural America. Established in the late 19th century, Giltner is known for its tight-knit community and friendly atmosphere. The village is situated approximately 25 miles west of Grand Island, making it a peaceful retreat while still providing access to larger city amenities. The landscape is characterized by picturesque flatlands and agricultural fields, which play a significant role in the local economy. The surrounding area features beautiful Nebraska sunsets and open skies, ideal for outdoor activities like hiking and biking. Giltner hosts community events that foster a sense of belonging, such as local fairs and seasonal celebrations. Education in Giltner is provided by the Giltner Public Schools, which offer a range of programs and extracurricular activities for students. The village also promotes small businesses that cater to both residents and visitors. Overall, Giltner is a quaint and welcoming place that highlights the simplicity and beauty of rural life in Nebraska.

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