Looking to buy in Hall County, Nebraska?
There are 48 USDA backed residential loans in Hall county with an average loan balance of $101,298. Over 85% of the loans helped first time home buyers. Borrowers were an average age of 35 years old. The typical appraised home value was around $101,451. On average the rural home size purchased with this loan was approximately 1,334 SqFt. Hall 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 Hall County is roughly 1,429 square kilometers. USDA defined regions of rural loan ineligibility in Hall cover 276 square kilometers of the county. Approximately 19.3% of Hall County is ineligible for traditional USDA home loans. The influence score for Hall County is 7. 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 Hall County, NE
* cities most likely to have USDA loan eligible properties for sale.
Abbott • *Alda • *Cairo • Cameron • *Doniphan • Grand Island • Ovina • Rosedale • *Wood River
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 Hall County.
Hall County is located in the state of Nebraska and was officially established in 1858. The county is named after Reverend Augustus Hall, a Chief Justice of the Nebraska Territory Supreme Court. Its county seat is the city of Grand Island, which has grown into one of the largest cities in Nebraska. The area was originally settled by various Native American tribes and later explored by European settlers in the 19th century.
One of the most significant historical events in Hall County occurred in the 1860s with the construction of the Union Pacific Railroad. This railroad helped drive the settlement and development of cities like Grand Island and Wood River, and was part of the wider First Transcontinental Railroad in the United States. In addition to the railroad, Hall County's abundant farmland attracted many farmers and immigrants, including a significant population of German-Russian families in the late 19th and early 20th centuries.
Agriculture and agribusiness have been the backbone of Hall County's economy over the years, with corn and livestock being the primary agricultural products. The county has also experienced growth in other industries, such as manufacturing, education, and health services.
One fun fact about Hall County is that it is home to the Nebraska State Fair. The fair, which began in 1868, moved to Grand Island from Lincoln in 2010. The event typically takes place in late August to early September and attracts visitors from all over the state to celebrate Nebraska's rich agricultural heritage and enjoy live entertainment, food, and various exhibits.