Cost of Living in Perkins County, Nebraska
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Perkins County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Perkins County ranks #545 of 3,144 counties for affordability (top 17%)
Data Story
About Cost of Living in Perkins County, Nebraska
Perkins edges close to Nebraska's state burden
Perkins County renters spend 13.9% of their income on housing, just slightly below Nebraska's 14.2% state average. The median household income of $67,500 trails the national average of $74,755, placing this county slightly behind national earning benchmarks.
Near-average affordability in Nebraska context
Perkins County ranks near the middle of Nebraska counties for rental affordability, with a 13.9% rent-to-income ratio hovering just under the state average. Its $783 median rent exactly matches the state average, reflecting typical Nebraska housing market conditions.
State-median rent with moderate home values
Perkins' $783 monthly rent is precisely the Nebraska state average and more affordable than Otoe ($905), Pierce ($850), and Platte ($867). Home values of $149,200 fall in the middle range for this region.
Balanced housing costs relative to income
Perkins households earn $67,500 annually and spend $783 on rent or $840 on mortgages, representing 13.9% and 14.9% of income respectively. This split shows renters enjoy slightly better affordability than homeowners in this county.
Perkins offers typical Nebraska housing market
If you want a straightforward Nebraska experience with state-average housing costs and moderate home values, Perkins delivers predictable affordability. The county's middle-ground positioning makes it a solid choice for those seeking balance without extremes.
Cost of Living Advisory: Perkins County
Affordability Verdict
Perkins County is affordable for renters, with a median gross rent of $783/month representing approximately 13.9% of median household income. The rent burden (GRAPI) stands at 22.0%.
Rent vs. Own
The median rent in Perkins County is $783/month, while owner costs run $840/month. Renting saves approximately $57/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $31,320/year. For owner costs at the 28% rule, the required income is roughly $36,000/year. With a median household income of $67,500, most households can comfortably afford rent here. Notably, 22.0% of renter households in Perkins County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Wayne County where rent averages $732/month, Perkins County is approximately 7% more expensive.
Affordability Calculator
See how your income compares to housing costs in Perkins County
Rent Burden
13.9%
of gross income
Max Housing (28% Rule)
$1,575
per month
Owner Cost Burden
14.9%
of gross income
You can likely afford the median home in Perkins County
Median home value is $149,200. Estimated monthly cost: $1,191 vs. your max of $1,575.
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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