Cost of Living in Hall County, Nebraska

$911/mo
Median Monthly Rent
$207,900
Median Home Value

At a Glance

Median Monthly Rent
$911/mo
16% above state average
Median Home Value
$207,900
26% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

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

Affordability Rating
Unaffordable
Rent over 50% of income

How Hall County Compares

Median monthly rent comparison

Hall County$911/mo
Nebraska Average$783/mo
National Median$1,163/mo

Detailed Housing Stats

$911/mo
Median Gross Rent
$207,900
Median Home Value
$1,076/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Hall County ranks #2,845 of 3,144 counties for affordability (bottom 10%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Hall County, Nebraska

Hall County rents strain household resources

Hall County's 16.2% rent-to-income ratio is the second-highest in this group and substantially exceeds the national average of 14.2%, placing significant pressure on renters. The median income of $67,549 falls 9.6% below the national median, making the rental burden feel particularly acute.

Hall County exceeds state rent burden

With a 16.2% rent-to-income ratio, Hall County substantially exceeds Nebraska's state average of 14.2%, indicating one of the state's less affordable rental markets. High rental costs relative to local incomes create noticeable budget strain for renters.

High rents, high homeownership costs

Hall County's median rent of $911 is the highest in this eight-county group, and its homeownership cost of $1,076 monthly far exceeds every neighbor, reflecting median home value of $207,900. This county combines the region's steepest costs on both the renting and buying sides.

Hall County's costs consume 16% of income

At $67,549, the median household income covers $911 monthly rent—16.2% of gross earnings—and $1,076 in homeownership costs for the region's highest-valued homes at $207,900. Both renters and buyers face the region's steepest burden relative to income.

Hall offers growth but demands higher income

Hall County's higher median home value ($207,900) and urban amenities suggest a more developed economy, but both rents and ownership costs are the region's highest. Consider Hall only if your income is portable or you're relocating for employment that justifies the 16% housing burden.

Cost of Living Advisory: Hall County

Affordability Verdict

Hall County is affordable for renters, with a median gross rent of $911/month representing approximately 16.2% of median household income. The rent burden (GRAPI) stands at 27.0%.

Rent vs. Own

Renters in Hall County pay $911/month on average, compared to $1,076/month for homeowners. This market favors renters by about 15%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $36,440/year. For owner costs at the 28% rule, the required income is roughly $46,114/year. With a median household income of $67,549, most households can comfortably afford rent here. Notably, 27.0% of renter households in Hall County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Adams County where rent averages $853/month, Hall County is approximately 7% more expensive.

Affordability Calculator

See how your income compares to housing costs in Hall County

$

Rent Burden

16.2%

of gross income

Max Housing (28% Rule)

$1,576

per month

Owner Cost Burden

19.1%

of gross income

The median home in Hall County may be a stretch

Median home value is $207,900. Estimated monthly cost: $1,660 vs. your max of $1,576.

Rent Affordability Guide

Your rent-to-income ratio16.2%
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: $67,549Needed: $36,440
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,549Needed: $46,114
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,549Needed: $48,384

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 Hall County, Nebraska?
Hall County, Nebraska has a median monthly rent of $911/mo and a median home value of $207,900. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Hall County?
The median gross rent in Hall County is $911/mo. This is 16% above state average for Nebraska.
Is Hall County affordable?
Hall County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Hall County's rent compare to the state average?
Hall County's median rent of $911/mo is 16% above state average of $783/mo for Nebraska.
What is the median home value in Hall County?
The median home value in Hall County, Nebraska is $207,900. This is 26% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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