Cost of Living in Colfax County, Nebraska
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Colfax County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Colfax County ranks #1,639 of 3,142 counties for affordability (bottom 48%)
Sourced county brief
Colfax County Median Rent Burden Is 17.2 Percent
In Colfax County, Nebraska, the official Gross Rent as a Percentage of Household Income (GRAPI) was estimated at 17.2% in the 2020-2024 American Community Survey. This official B25071 figure is 6.0 percentage points below the Nebraska unweighted county mean of 23.2%. The median gross rent for the county was $980 per month, which is above the state's unweighted county mean of $797. For owner-occupied units, the median selected monthly owner cost was $742, whereas the unweighted county mean across Nebraska was $860. The median home value in Colfax County was reported at $144,700, which differs from the Nebraska unweighted county mean of $164,635 by $19,935. Median renter-household income for this period was $57,882. This snapshot utilizes ACS 5-year estimates to provide housing cost data for the county without accounting for specific market conditions or external benchmarks. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Colfax County
Affordability Verdict
ACS B25071 estimates median gross rent at 17.2% of renter household income in Colfax County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $980 per month; median selected monthly owner costs are $742. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $39,200 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Nebraska unweighted mean of county median rents is $797 per month. Colfax County's $980 median is 23.0% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Colfax County
Rent Burden
14.2%
of gross income
Max Housing (28% Rule)
$1,926
per month
Owner Cost Burden
10.8%
of gross income
You can likely afford the median home in Colfax County
Median home value is $144,700. Estimated monthly cost: $1,155 vs. your max of $1,926.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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