Looking to buy in Colfax County, Nebraska?
There are 155 USDA backed residential loans in Colfax county with an average loan balance of $79,510. Over 90% of the loans helped first time home buyers. Borrowers were an average age of 37 years old. The typical appraised home value was around $87,870. On average the rural home size purchased with this loan was approximately 1,330 SqFt. Colfax 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 Colfax County is roughly 1,086 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Colfax County is 8. 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 Colfax County, NE
* cities most likely to have USDA loan eligible properties for sale.
*Clarkson • Heun • *Howells • *Leigh • Olean • *Richland • *Rogers • *Schuyler
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 Colfax County.
Colfax County, located in the great state of Nebraska, was established on March 15, 1869. Named after Schuyler Colfax, a U.S. Vice President under Ulysses S. Grant, this county is situated in the eastern part of the state within the larger region often referred to as the Great Plains.
The county originally served as a key transportation hub, particularly during the westward expansion. With the development of the Union Pacific Railroad and the completion of the transcontinental railroad in 1869, the county became essential for the distribution of goods and services to settlers expanding westward.
The county seat, Schuyler, was named in honor of Schuyler Colfax and was officially established in 1870. Agriculture and livestock have been the dominant industries for most of the county's history, supporting the local economy.
Notably, one of Colfax County's most famous residents was Solomon D. Butcher, a photographer known for his unparalleled documentation of the pioneer experience in the late 1800s. His photographs captured the early days of settlers building sod houses and forming communities.
A fun fact about Colfax County is that the county hosts an annual Czech Festival in the city of Clarkson. This event highlights the area's rich Czech heritage, which began when immigrants from Bohemia (present-day Czech Republic) settled here in the late 19th century, contributing to the county's unique cultural landscape. The festival showcases traditional Czech food, music, and folk dance, celebrating community heritage and maintaining a vibrant connection to its roots.