Phillips, Nebraska.
Typical home $348,748 (+6.1% in a year).
to buy the typical home at today's mortgage rate — +$973 (+113%) since Jan 2020.
- 1 year
- Up $20,158 +6%
- $328,590$348,748 since Sep 2025
- 5 years
- Up $80,135 +30%
- $268,613$348,748 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Phillips$1,830
- Nebraska$1,461
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Phillips, NE rose 6.1% over the past year — faster than the nation's +1.2%.
Living in Phillips, Hamilton County, Nebraska
Phillips is a village of 320 people in Hamilton County. Half its households earn more than $86,607 a year and half less, against $83,994 across Hamilton County. Unemployment in Hamilton County was 1.9% in August 2026, and the county had 0.2% fewer jobs in 2025 than the year before. The most people in Hamilton County work in schools and health care, then farming.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Phillips is a very small village in Hamilton County, Nebraska, with a population among the smallest of towns on the plains. Households here earn somewhat more than the county's typical household, and homes are valued well above what many would expect for a village this size. Winters are cold, with January the coldest month and a good deal of snow, while summers are warm and July is the hottest stretch of the year.
Work. Residents work mostly in schools, hospitals and social care, with farming, shops, and banks, insurance and property also giving people a living. Unemployment across Hamilton County is low and a little lower than a year ago, though the county has slightly fewer jobs than it did the year before. Some of the largest workplaces across Hamilton County are Mars Petcare, Memorial Community Health and Aurora Public Schools. Few adults here hold a four-year degree, and very few work from home.
Things to do. The Stuhr Museum is a museum a short drive away. Farther afield, the Loup River is a river a longer drive away, and Morning Star Lake is a lake a longer drive away. The Plainsman Museum is another museum a longer drive away.
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- 8%of adults have a degree
- 28 mintypical commute
- 4%work from home
What people in Hamilton County work in
Employed residents by industry, from the Census survey. Hamilton County had 3,974 jobs in 2025, 0.2% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 36° and lows near 16°; warmest in July, with highs near 88° and lows near 66°. About 28 inches of snow and 27 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Grand Island Airport weather station, 7 miles away (NOAA).
Largest workplaces in Hamilton County
- Mars PetcareDog and cat food, manufacturing236
- Memorial Community HealthCritical access hospital194FTE
- Aurora Public SchoolsSchool district192FTE
- Chief IndustriesBuildings, mobile, commercial use, manufacturing161
- Aurora Cooperative - Corporate OfficeGrain elevators merchant wholesalers grain137
- XPOFreight transportation80
- KAAPA Partners AuroraDenatured alcohol manufacturing54
- Giltner Public SchoolsSchool district45FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 10 workplaces with 20 or more staff, 829 people in all across the county; Phillips has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windVery high
- HailVery high
- DroughtRelatively high
- Winter weatherRelatively high
- Ice stormsRelatively high
- TornadoesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Phillips’ census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Hamilton County.
Phillips home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Phillips$348,748
- Nebraska$278,299
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Phillips5
Zip codes with a Phillips address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Phillips — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.