Quick facts: Humphrey, NE

Quick Facts

94.7
Cost of Living
below US average
844
Population
11.85
Crime Rate per 1000
below US average
$67,750
Median Income
below US average
$60,000
Median House Price
above US average
$1313
Average Rent
below US average
7%
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 $67,750.

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Income Needed to Buy

βœ“ Affordable
$19k/year
Based on $60,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($67,750) exceeds requirement
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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 ($67,750) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Humphrey, NE

Humphrey, Nebraska, is a small village located in the eastern part of Platte County. With a population of approximately 1,000 residents, it embodies the charm of rural Midwestern life. Established in the late 19th century, the village boasts a rich agricultural heritage, primarily driven by farming and ranching. Notable for its strong sense of community, Humphrey hosts several local events and festivals throughout the year, reinforcing connections among residents. The village's landscape features scenic views typical of Nebraska's rolling plains, and outdoor activities such as hiking, fishing, and wildlife watching are popular among locals. Education plays a vital role in the community, with Humphrey being served by the Humphrey Public School system, which offers quality education for its youth. The area also has access to various amenities, including local shops, eateries, and parks, providing a tight-knit environment for its residents. Overall, Humphrey reflects the essence of small-town Americana, offering a peaceful lifestyle while fostering a supportive community spirit.

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