New homes in Nebraska.

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Omaha: One of America's Most Overlooked Cities

Omaha is home to Berkshire Hathaway (and Warren Buffett), Union Pacific Railroad, Mutual of Omaha, and more Fortune 500 headquarters per capita than almost any other U.S. metro. World-class corporate employment at home prices that seem almost implausibly low by national standards.

Property Taxes Are Above Average

Nebraska's effective property tax rate of approximately 1.61% is above the national average. On a $265,000 home annual taxes run roughly $4,267. Nebraska has been reforming its property tax structure but buyers should model annual taxes carefully alongside the mortgage payment.

Sarpy County: Omaha's Growth Engine

Papillion, La Vista, Gretna, and Elkhorn in Sarpy County are among the fastest-growing suburban communities in the Midwest. Excellent schools, new construction, and easy Omaha job access make Sarpy County the most in-demand suburban market in the state.

Offutt AFB: Bellevue Military Market

Offutt Air Force Base in Bellevue is one of the most strategically important military installations in the country. The surrounding community provides consistent rental demand and stable long-term housing fundamentals tied to military employment.

No State Sales Tax on Food

Nebraska exempts food purchased for home consumption from state sales tax. This provides meaningful daily savings for families and contributes to Nebraska's competitive overall cost of living even accounting for higher property taxes.

University of Nebraska: Lincoln's Economic Anchor

The University of Nebraska in Lincoln is the state's largest employer and cultural anchor. The Huskers football program generates enormous economic activity. Lincoln's real estate market benefits from consistent student and faculty demand and a diverse state government employment base.

Cost of Living

Nebraska offers very affordable living with housing costs well below the national average. Omaha and Lincoln are budget-friendly by any standard. The agricultural heartland offers remarkable value for buyers willing to accept a rural lifestyle.