Cost of Living in Polk County, Nebraska
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Polk County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Polk County, Nebraska
Polk leads the region in renter affordability
Polk County renters spend just 11.6% of their income on housing, significantly better than Nebraska's 14.2% state average and well below national norms. With a median household income of $71,771 close to the national average of $74,755, Polk offers strong earning power and excellent affordability.
Best rental affordability in eight-county region
Polk County ranks among Nebraska's most affordable counties for renters at 11.6% rent-to-income, second only to Nuckolls in this comparison. Its $692 median rent is $91 cheaper than the state average of $783.
Affordable rent with solid home values
Polk's $692 median rent ranks second-lowest in this region, beaten only by Nuckolls and Pawnee at $616. Home values of $177,800 offer a middle ground, providing reasonable buying options for those ready to purchase.
Renters and owners both find balance
Polk households earn $71,771 annually and spend $692 on rent (11.6% of income) or $727 on mortgages (12.2% of income). Both renter and homeowner burdens rank among the best in the region, making Polk attractive for multiple housing strategies.
Polk delivers affordability with strong earnings
Polk County offers the best overall balance in this region: renter affordability that ranks second-best, homeowner costs that are manageable, and median income near the national average. It's an excellent choice for anyone seeking genuine affordability without sacrificing economic opportunity.
Affordability Calculator
See how your income compares to housing costs in Polk County
Rent Burden
11.6%
of gross income
Max Housing (28% Rule)
$1,675
per month
Owner Cost Burden
12.2%
of gross income
You can likely afford the median home in Polk County
Median home value is $177,800. Estimated monthly cost: $1,419 vs. your max of $1,675.
Rent Affordability Guide
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.