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Ericson village, NE

ZIP 68637 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 68637

Median Home Value
$96,400
Median Rent
$470
Affordability Snapshot
$27,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$619/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 68637 in Ericson village, NE, a household would need roughly $27,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $619. That sits below the local median household income ($39,375), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 61% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
86.4%+32% vs US avg
x
Vacancy Rate
60.7%+489% vs US avg
x
Broadband Access
61.9%-29% vs US avg
x
4+ Bedrooms
4.7%-68% vs US avg
x
Built Pre-1939
11.7%-9% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
6.3%-87% vs US avg
x
Mortgage-Free
78.4%+105% vs US avg
x
$96,400
Home Value
$470
Rent
1974
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached76.0%
  • 1-unit attached0.0%
  • 2-9 units1.7%
  • 10+ units0.0%
  • Mobile home & other22.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$96,400
Median rent$470
Owner-occupied86.4%
Vacant60.7%
Price-to-income2.4x
Est. income to buy$27,000