Cost of Living in Red Willow County, Nebraska

$778/mo
Median Monthly Rent
$143,500
Median Home Value
1% below state averageUnaffordable

At a Glance

Median Monthly Rent
$778/mo
1% below state average
Median Home Value
$143,500
49% below national
Rent-to-Income Ratio
30.0%
% 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 Red Willow County Compares

Median monthly rent comparison

Red Willow County$778/mo
Nebraska Average$783/mo
National Median$1,163/mo

Detailed Housing Stats

$778/mo
Median Gross Rent
$143,500
Median Home Value
$758/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Red Willow County, Nebraska

Red Willow's rent burden tops national norm

Red Willow County residents spend 15.6% of their income on rent, outpacing the national average of roughly 14%. While the county's median household income of $60,000 lags the national median of $74,755, housing costs here consume a slightly larger share of household budgets than typical.

Mid-pack affordability among Nebraska peers

Red Willow's rent-to-income ratio of 15.6% ranks above Nebraska's state average of 14.2%, placing it in the less affordable half of the state's counties. The $778 median monthly rent falls just under the state average of $783, yet income levels pull the affordability ratio upward.

Pricier rents than Rock County counterpart

Red Willow's $778 monthly rent is notably higher than neighboring Rock County's $608, though both counties share similar income levels around $57,500–$60,000. When stacked against Rock County's 12.7% rent-to-income ratio, Red Willow's 15.6% reveals a meaningful affordability gap between nearby communities.

Rent and ownership costs split the burden

Red Willow households allocate roughly $778 monthly to rent or $758 to ownership, both well-balanced against a $60,000 median annual income. Combined housing expenses—whether rental or mortgage-based—consume approximately 15–16% of household earnings, leaving modest room for other expenses.

Consider Red Willow for measured affordability

If you're weighing Nebraska moves, Red Willow offers stable employment and modestly priced homes at $143,500 median value, though renters may find better rates in neighboring Rock County. Compare your income needs carefully: while ownership costs are competitive, the rental market trends slightly higher than state norms.

Affordability Calculator

See how your income compares to housing costs in Red Willow County

$

Rent Burden

15.6%

of gross income

Max Housing (28% Rule)

$1,400

per month

Owner Cost Burden

15.2%

of gross income

You can likely afford the median home in Red Willow County

Median home value is $143,500. Estimated monthly cost: $1,146 vs. your max of $1,400.

Rent Affordability Guide

Your rent-to-income ratio15.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Red Willow County, Nebraska?
Red Willow County, Nebraska has a median monthly rent of $778/mo and a median home value of $143,500. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Red Willow County?
The median gross rent in Red Willow County is $778/mo. This is 1% below state average for Nebraska.
Is Red Willow County affordable?
Red Willow County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Red Willow County's rent compare to the state average?
Red Willow County's median rent of $778/mo is 1% below state average of $783/mo for Nebraska.
What is the median home value in Red Willow County?
The median home value in Red Willow County, Nebraska is $143,500. This is 49% 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.