CostBy County

Cost of Living in Thayer County, Nebraska

$766/mo
Median Monthly Rent
$122,800
Median Home Value

At a Glance

Median Monthly Rent
$766/mo
4% below state average
Median Home Value
$122,800
63% below national
Census GRAPI
17.6%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

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 Thayer County Compares

Median monthly rent comparison

Thayer County$766/mo
Nebraska Average$797/mo
National Median$1,413/mo

Detailed Housing Stats

$766/mo
Median Gross Rent
$122,800
Median Home Value
$637/mo
Monthly Owner Cost
17.6%
Census GRAPI

National Ranking

Affordability Rank

Thayer County ranks #586 of 3,142 counties for affordability (top 19%)

Most AffordableLeast Affordable

Sourced county brief

Thayer County Median Monthly Owner Costs Recorded at $637

Median selected monthly owner costs in Thayer County are $637, which is below the Nebraska unweighted county mean of $860. The official median gross rent as a percentage of household income (GRAPI) is 17.6%. This canonical rentToIncomePct is 5.6 percentage points lower than the state unweighted county mean official GRAPI of 23.2%. The median gross rent in the county was estimated at $766 per month, compared to the Nebraska unweighted county mean of $797. The median home value is $122,800, while the state unweighted county mean is $164,635. Median renter-household income was recorded at $47,946. These data points originate from the U.S. Census Bureau ACS 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Thayer County

Affordability Verdict

ACS B25071 estimates median gross rent at 17.6% of renter household income in Thayer 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 $766 per month; median selected monthly owner costs are $637. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $30,640 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. Thayer County's $766 median is 3.9% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Thayer County

$

Rent Burden

13.9%

of gross income

Max Housing (28% Rule)

$1,545

per month

Owner Cost Burden

11.5%

of gross income

You can likely afford the median home in Thayer County

Median home value is $122,800. Estimated monthly cost: $980 vs. your max of $1,545.

Rent Affordability Guide

Your entered rent as a share of entered income13.9%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $66,213Needed: $30,640
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $66,213Needed: $27,300
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $66,213Needed: $28,579

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

What is the cost of living in Thayer County, Nebraska?
Thayer County, Nebraska has a median monthly rent of $766/mo and a median home value of $122,800. The affordability rating is Affordable, with median gross rent equal to approximately 17.6% of renter household income.
What is the median rent in Thayer County?
The median gross rent in Thayer County is $766/mo. This is 4% below state average for Nebraska.
Is Thayer County affordable?
Thayer County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 17.6%. Median gross rent is under 30% of renter household income.
How does Thayer County's rent compare to the state average?
Thayer County's median rent of $766/mo is 4% below state average of $797/mo for Nebraska.
What is the median home value in Thayer County?
The median home value in Thayer County, Nebraska is $122,800. This is 63% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: 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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