Cost of Living in Fairbury
Fairbury's cost of living centers on genuinely affordable housing and rent, offset by a real, disclosed elevated property tax rate and Nebraska's statewide insurance cost pressures.
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Learn moreGenuinely affordable housing, with a disclosed spread
A cited median home price of $179,900 runs about 1% below the national average, though this record discloses a separate, higher cited average listing price of $209,218 it does not resolve to one figure (base record).
Genuinely affordable rent, with a disclosed spread
Apartments.com cites a $598/month average rent (63% below its own cited national average), while HUD Housing Network separately cites a higher $876 average property rent -- a real, disclosed cross-source spread (base record).
A real, disclosed elevated property tax rate
Ownwell's cited 2.24% effective property tax rate runs above both the Nebraska statewide median (1.75%) and national median (1.02%), though the $1,250 median annual bill still runs below the national median ($2,400) (base record).
Nebraska's real 2026 income tax cut
Nebraska's 3-bracket income tax now tops out at 4.55% (2026, down from 5.20% in 2025), with a scheduled further cut to 3.99% by 2027 disclosed as revenue-trigger-contingent by one source, applying in Fairbury as statewide (base record).
Key takeaways
- Fairbury's median home price (~$179,900) and average rent (~$598/month) run genuinely affordable.
- A real, disclosed cross-source spread exists in both housing and rent figures this record does not force into one number.
- Fairbury's 2.24% effective property tax rate runs above both Nebraska statewide and national medians.
- Nebraska's 2026 top income tax rate (4.55%) applies in Fairbury as statewide, with a further cut scheduled for 2027.
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