Cost of Living in Nance County, Nebraska
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
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 Nance County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Nance County ranks #996 of 3,142 counties for affordability (top 32%)
Sourced county brief
Nance County Median Gross Rent Surpasses State Unweighted County Mean
The median gross rent in Nance County, Nebraska, was estimated at $807 per month, which is $10 above the Nebraska unweighted county mean of $797. The official median gross rent as a percentage of household income (GRAPI) is 23.1%. This metric is 0.1 percentage points lower than the state unweighted county mean official GRAPI of 23.2%. The median renter-household income is $42,313. Among homeowners, the median selected monthly owner cost is $731, while the state unweighted county mean is $860. The median value of owner-occupied housing units is $132,000, which is lower than the state unweighted county mean home value of $164,635. These statistics are derived from the 2020-2024 ACS 5-Year Estimates. See ACS table B25064 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Nance County
Affordability Verdict
ACS B25071 estimates median gross rent at 23.1% of renter household income in Nance 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 $807 per month; median selected monthly owner costs are $731. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $32,280 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. Nance County's $807 median is 1.3% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Nance County
Rent Burden
14.9%
of gross income
Max Housing (28% Rule)
$1,521
per month
Owner Cost Burden
13.5%
of gross income
You can likely afford the median home in Nance County
Median home value is $132,000. Estimated monthly cost: $1,054 vs. your max of $1,521.
Rent Affordability Guide
Income Needed Calculator
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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 (2020-2024). Data is informational only and is not personalized financial advice.
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