Cost of Living in Nemaha County, Nebraska

$727/mo
Median Monthly Rent
$125,100
Median Home Value
7% below state averageUnaffordable

At a Glance

Median Monthly Rent
$727/mo
7% below state average
Median Home Value
$125,100
56% below national
Rent-to-Income Ratio
26.0%
% 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 Nemaha County Compares

Median monthly rent comparison

Nemaha County$727/mo
Nebraska Average$783/mo
National Median$1,163/mo

Detailed Housing Stats

$727/mo
Median Gross Rent
$125,100
Median Home Value
$849/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Nemaha County, Nebraska

Nemaha County rents put pressure on household budgets

Nemaha County's 14.5% rent-to-income ratio sits above the national benchmark, signaling that residents here dedicate a larger-than-typical share of income to housing costs. The $727 monthly rent is moderate, but a $60,132 median household income well below the national average of $74,755 creates real affordability strain.

Nemaha edges above Nebraska's affordability average

At 14.5%, Nemaha County's rent-to-income ratio exceeds the state average of 14.2%, placing it slightly outside Nebraska's affordability sweet spot. Lower household incomes relative to housing costs mean residents experience more budget pressure than in most state counties.

Nemaha's rents are reasonable but income is tight

Nemaha County's $727 rent tracks with Logan ($725) and Morrill ($744), yet the county's $60,132 median income ranks among the region's lowest. This income-cost dynamic pushes Nemaha's affordability ratio above neighbors with similar rents but stronger paychecks.

Low income amplifies the burden of modest rents

Renters spend $727 monthly while homeowners pay $849, both consuming meaningful slices of the $60,132 median household income. At 14.5% of income going to rent, Nemaha County residents face tighter household budgets than most Nebraska neighbors.

Nemaha rewards relocators with stable income sources

Nemaha County's $125,100 median home values and $727 rents appeal to budget-conscious buyers, but renters should plan for the 14.5% rent burden. Compare Nemaha's affordability metrics to lower-cost neighbors like McPherson and Loup to ensure your income can sustain comfortable housing here.

Affordability Calculator

See how your income compares to housing costs in Nemaha County

$

Rent Burden

14.5%

of gross income

Max Housing (28% Rule)

$1,403

per month

Owner Cost Burden

16.9%

of gross income

You can likely afford the median home in Nemaha County

Median home value is $125,100. Estimated monthly cost: $999 vs. your max of $1,403.

Rent Affordability Guide

Your rent-to-income ratio14.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Nemaha County, Nebraska?
Nemaha County, Nebraska has a median monthly rent of $727/mo and a median home value of $125,100. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Nemaha County?
The median gross rent in Nemaha County is $727/mo. This is 7% below state average for Nebraska.
Is Nemaha County affordable?
Nemaha County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Nemaha County's rent compare to the state average?
Nemaha County's median rent of $727/mo is 7% below state average of $783/mo for Nebraska.
What is the median home value in Nemaha County?
The median home value in Nemaha County, Nebraska is $125,100. This is 56% 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.