Cost of Living in Gage County, Nebraska
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Gage County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Gage County, Nebraska
Gage rents track closely with nation
Gage County's 14.3% rent-to-income ratio nearly matches the national standard of 14.2%, signaling affordability in line with the rest of America. With a median household income of $64,426—about 14% below the national median—residents manage housing costs without extraordinary strain.
Gage achieves above-average Nebraska affordability
At 14.3%, Gage County's rent-to-income ratio slightly exceeds Nebraska's 14.2% state average, placing it among the state's more affordable counties. This near-parity with the state benchmark reflects balanced housing costs relative to local incomes.
Moderate rents in south-central Nebraska
Gage County's median rent of $770 sits just below the state average of $783 and undercuts neighbors like Furnas County ($805) and Grant County ($883). The more affordable rental market here makes Gage an attractive option within the region for renters seeking reasonable prices.
Housing costs split between renting and buying
Gage's median income of $64,426 supports monthly rents of $770 and homeownership costs of $843 for properties valued at $167,100. Renters spend about 14% of income on housing, while homeowners pay closer to 16%—a trade-off reflecting the county's higher median home value compared to surrounding areas.
Gage balances affordability with home values
Relocators seeking a balance between affordable rents and real estate appreciation will find Gage County compelling—median home values reach $167,100, the highest in this region. The modest 14.3% rent burden and reasonable ownership costs make it accessible for both renters and first-time buyers.
Affordability Calculator
See how your income compares to housing costs in Gage County
Rent Burden
14.3%
of gross income
Max Housing (28% Rule)
$1,503
per month
Owner Cost Burden
15.7%
of gross income
You can likely afford the median home in Gage County
Median home value is $167,100. Estimated monthly cost: $1,334 vs. your max of $1,503.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.