Looking to buy in Butler County, Nebraska?
There are 75 USDA backed residential loans in Butler county with an average loan balance of $78,119. Over 88% of the loans helped first time home buyers. Borrowers were an average age of 35 years old. The typical appraised home value was around $81,423. On average the rural home size purchased with this loan was approximately 1,373 SqFt. Butler county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.
The size of Butler County is roughly 1,513 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Butler County is 6. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Butler County, NE
* cities most likely to have USDA loan eligible properties for sale.
*Abie • *Bellwood • *Brainard • *Bruno • *David City • *Dwight • Edholm • *Garrison • *Linwood • Loma • Millerton • Nimburg • *Octavia • *Rising City • *Surprise • *Ulysses
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Butler County.
Butler County is located in the southeastern region of the great state of Nebraska. It was established on January 26, 1856, but was not officially organized until February 12, 1868. The county was named in honor of David C. Butler, who served as the first governor of Nebraska from 1867 to 1871.
In the early years, the primary settlers in Butler County were of Czech, German, and Irish heritage. The Homestead Act of 1862 played a significant role in attracting settlers to the area by offering 160 acres of land to those willing to develop it. Agriculture has always been the backbone of the county's economic base, with corn, soybeans, and livestock being major contributors.
The county seat, David City, was founded in 1873 and was named after the county's namesake, David C. Butler. Other settlements in the county include Bellwood, Rising City, Octavia, Brainard, and Dwight.
One fun fact about Butler County is that it is home to the longest, straightest railroad line in North America. The Alvo Subdivision of the Burlington Northern Santa Fe Railway (BNSF) runs 72.1 miles straight, without a curve, from David City to Lincoln, Nebraska. This unique feature signifies the importance of transportation and agriculture in the region's history.