Cost of Living in Hooker County, Nebraska

$581/mo
Median Monthly Rent
$85,400
Median Home Value
26% below state averageUnaffordable

At a Glance

Median Monthly Rent
$581/mo
26% below state average
Median Home Value
$85,400
70% below national
Rent-to-Income Ratio
15.0%
% 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 Hooker County Compares

Median monthly rent comparison

Hooker County$581/mo
Nebraska Average$783/mo
National Median$1,163/mo

Detailed Housing Stats

$581/mo
Median Gross Rent
$85,400
Median Home Value
$488/mo
Monthly Owner Cost
15.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Hooker County, Nebraska

Hooker County stretches tight budgets

Hooker County renters spend 15.2% of their income on housing—notably above the national household income baseline and close to the least affordable markets. With the lowest median income in this county group at $45,854, even modest rents create real financial strain.

Above Nebraska's state average affordability

At 15.2%, Hooker County's rent-to-income ratio exceeds Nebraska's state average of 14.2%, putting it among the state's less affordable counties for renters. The median rent of $581 is low, but the combination of very low median income makes housing costs proportionally higher.

Cheapest rent, but limited income

While Hooker County offers the lowest median rent ($581) in this county group, its 15.2% affordability ratio is worse than most neighbors because median income ($45,854) is significantly lower. Hayes County ($419 rent) and Harlan County ($708 rent) offer better affordability ratios despite higher absolute rental costs.

Income constraints drive affordability struggle

A typical Hooker County renter earning $45,854 annually pays $581 per month—15.2% of their income, leaving limited resources for other needs. Homeowners face median costs of $488 monthly for properties worth $85,400, creating tight homeownership situations for most residents.

Hooker County requires income stability

Hooker County offers the lowest rents here, but income levels mean housing still consumes a larger budget share than neighbors like Hayes or Harlan. Consider Hooker only if you have secure income or remote work; comparing profiles shows other counties provide better affordability cushions.

Affordability Calculator

See how your income compares to housing costs in Hooker County

$

Rent Burden

15.2%

of gross income

Max Housing (28% Rule)

$1,070

per month

Owner Cost Burden

12.8%

of gross income

You can likely afford the median home in Hooker County

Median home value is $85,400. Estimated monthly cost: $682 vs. your max of $1,070.

Rent Affordability Guide

Your rent-to-income ratio15.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Hooker County, Nebraska?
Hooker County, Nebraska has a median monthly rent of $581/mo and a median home value of $85,400. The affordability rating is Unaffordable, with rent making up approximately 15.0% of median household income.
What is the median rent in Hooker County?
The median gross rent in Hooker County is $581/mo. This is 26% below state average for Nebraska.
Is Hooker County affordable?
Hooker County is rated Unaffordable based on rent-to-income ratio of 15.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Hooker County's rent compare to the state average?
Hooker County's median rent of $581/mo is 26% below state average of $783/mo for Nebraska.
What is the median home value in Hooker County?
The median home value in Hooker County, Nebraska is $85,400. This is 70% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.