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Looking to buy in Madison County, Nebraska?
There are 482 USDA backed residential loans in Madison county with an average loan balance of $88,107. Over 90% of the loans helped first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $92,057. On average the rural home size purchased with this loan was approximately 1,233 SqFt. Madison 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 Madison County is roughly 1,488 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Madison 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 Madison County, NE
* cities most likely to have USDA loan eligible properties for sale.
*Battle Creek • Emerick • Enola • *Madison • *Meadow Grove • *Newman Grove • *Norfolk • *Tilden • Warnerville
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 Madison County.
Madison County is a county located in the northeastern part of the state of Nebraska, United States. It was founded in 1856 and named after President James Madison.
The county's early economy was based on agriculture and livestock farming, and it later became a center of manufacturing and transportation in the 19th and early 20th centuries.
One fun fact about Madison County is that it is home to the Norfolk Arts Center, which is located in the city of Norfolk and features a wide range of artistic exhibits and events. The center includes galleries, classrooms, and a performance space, and hosts concerts, theater productions, and other cultural activities throughout the year. It is also home to the "Sculpture Walk," which is a collection of outdoor sculptures that are placed throughout the city for residents and visitors to enjoy.