CostBy County

Cost of Living in Colfax County, Nebraska

$980/mo
Median Monthly Rent
$144,700
Median Home Value

At a Glance

Median Monthly Rent
$980/mo
23% above state average
Median Home Value
$144,700
57% below national
Census GRAPI
17.2%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

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

Colfax County$980/mo
Nebraska Average$797/mo
National Median$1,413/mo

Detailed Housing Stats

$980/mo
Median Gross Rent
$144,700
Median Home Value
$742/mo
Monthly Owner Cost
17.2%
Census GRAPI

National Ranking

Affordability Rank

Colfax County ranks #1,639 of 3,142 counties for affordability (bottom 48%)

Most AffordableLeast Affordable

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.

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

Your entered rent as a share of entered income14.2%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $82,530Needed: $39,200
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $82,530Needed: $31,800
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $82,530Needed: $33,676

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

What is the cost of living in Colfax County, Nebraska?
Colfax County, Nebraska has a median monthly rent of $980/mo and a median home value of $144,700. The affordability rating is Affordable, with median gross rent equal to approximately 17.2% of renter household income.
What is the median rent in Colfax County?
The median gross rent in Colfax County is $980/mo. This is 23% above state average for Nebraska.
Is Colfax County affordable?
Colfax County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 17.2%. Median gross rent is under 30% of renter household income.
How does Colfax County's rent compare to the state average?
Colfax County's median rent of $980/mo is 23% above state average of $797/mo for Nebraska.
What is the median home value in Colfax County?
The median home value in Colfax County, Nebraska is $144,700. This is 57% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: 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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