Cost of Living in Morrill County, Nebraska
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Morrill County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Morrill County ranks #708 of 3,144 counties for affordability (top 23%)
Data Story
About Cost of Living in Morrill County, Nebraska
Morrill County stretches renters' budgets above national norms
Morrill County's 14.9% rent-to-income ratio exceeds the national benchmark, indicating that residents here spend a larger-than-typical share of income on rent. The $744 monthly rent is moderate, but combined with a $59,773 median household income well below the national average of $74,755, housing costs create real budget pressure.
Morrill ranks among Nebraska's tighter affordability counties
At 14.9%, Morrill County's rent-to-income ratio edges above the state average of 14.2%, placing it in Nebraska's less-affordable tier. Lower household incomes amplify the burden that even moderate rents place on resident budgets.
Morrill's rents are reasonable but income is low
Morrill County's $744 rent is competitive with neighbors like Logan ($725) and Nance ($776), yet the county's $59,773 median income is among the lowest in the region. This income-cost mismatch pushes Morrill's affordability ratio above neighbors with similar rents but higher wages.
Low income makes moderate rents feel expensive
At $744 monthly, Morrill County rents consume 14.9% of the $59,773 median household income, while homeowners pay $739 in monthly costs. The tight fit between low wages and housing expenses leaves less financial wiggle room than in higher-income neighbors.
Morrill suits relocators with stable, higher incomes
Morrill County's low median home values ($112,000) attract budget-conscious homebuyers, but renters should note the 14.9% rent-to-income ratio requires careful income planning. Compare Morrill's affordability challenges to neighbors like McPherson and Loup before relocating on a tight budget.
Cost of Living Advisory: Morrill County
Affordability Verdict
Morrill County is affordable for renters, with a median gross rent of $744/month representing approximately 14.9% of median household income. The rent burden (GRAPI) stands at 27.0%.
Rent vs. Own
At $744/month rent versus $739/month in owner costs, owning is roughly $5/month cheaper — a 1% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,760/year. For owner costs at the 28% rule, the required income is roughly $31,671/year. With a median household income of $59,773, most households can comfortably afford rent here. Notably, 27.0% of renter households in Morrill County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Morrill County sits 8% more expensive than Knox County ($692/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Morrill County
Rent Burden
14.9%
of gross income
Max Housing (28% Rule)
$1,395
per month
Owner Cost Burden
14.8%
of gross income
You can likely afford the median home in Morrill County
Median home value is $112,000. Estimated monthly cost: $894 vs. your max of $1,395.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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 (2019-2023) — Informational only. Not financial or legal advice.
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