Housing decision brief
Nemaha County, NE Housing Market
Nemaha County screens as a below-state purchase price, below-state rent, a higher tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
33rd lowest home value out of 93 Nebraska counties with data | 34th lowest rent out of 93
Median home value
$125,100
Purchase-price signal from Census ACS.
Median rent
$727/mo
Gross rent, including utilities where reported.
Monthly owner cost
$849/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
2.1x
Median home value divided by local household income.
Rent burden
26.0%
Below 30% usually screens as less pressured.
Rent vs own
$122/mo
Median rent screens below owner cost.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Lower purchase price
$125,100 median home value is 14% below Nebraska county median
Lower rent
$727/mo is 6% below Nebraska county median
Rent burden below pressure line
26.00% of renter income goes to rent, below the 30% burden threshold.
Low disaster-risk signal
Risk score is 86.6 out of 100, a stronger cross-check for long-term ownership costs.
What to Check
Lower income base
$60,132 median income is 8% below Nebraska county median
Tax rate needs attention
1.41% effective property-tax rate is 12% above Nebraska county median
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- Buyers comparing homes to local incomes
- Long-term owners who care about disaster-risk exposure
- Remote earners or cash buyers looking below the state price line
Poor Fit For
- Households dependent on a deep local wage market
- Buyers focused only on purchase price and ignoring annual property tax
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Nemaha County is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $125,100 | $146,300 | $281,900 | 14% favorable14% below Nebraska county median |
Median gross rent Lower usually helps affordability. | $727 | $772 | $1,163 | 6% favorable6% below Nebraska county median |
Monthly owner cost Lower usually helps affordability. | $849 | $791 | $1,672 | 7% pressure7% above Nebraska county median |
Median household income | $60,132 | $65,438 | $74,755 | 8% pressure8% below Nebraska county median |
Effective property-tax rate Lower usually helps affordability. | 1.41% | 1.26% | 1.02% | 12% pressure12% above Nebraska county median |
Rent burden Lower usually helps affordability. | 26.00% | 23.00% | N/A | 13% pressure26.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$31,052
Median income minus rent threshold.
Owner cushion
+$23,746
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
Nemaha County offers affordable rental housing at a median of $727/month , about 14.5% of the typical household income here.
Rent vs own
The median rent in Nemaha County is $727/month, while owner costs run $849/month. Renting saves approximately $122/month.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,080/year. For owner costs at the 28% rule, the required income is roughly $36,386/year. With a median household income of $60,132, most households can comfortably afford rent here. Notably, 26.0% of renter households in Nemaha County are cost-burdened, spending more than 30% of income on housing.
Regional context
Compared to Red Willow County where rent averages $778/month, Nemaha County is approximately 7% less expensive.
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Burt County, NE | $125,400 | $688/mo | Same-state comparison near $125,400 home value and $688/mo rent. |
| Johnson County, NE | $131,500 | $777/mo | Same-state comparison near $131,500 home value and $777/mo rent. |
| McPherson County, NE | $124,200 | $653/mo | Same-state comparison near $124,200 home value and $653/mo rent. |
| Morrill County, NE | $112,000 | $744/mo | Same-state comparison near $112,000 home value and $744/mo rent. |
| Loup County, NE | $120,700 | $650/mo | Same-state comparison near $120,700 home value and $650/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Nemaha County
Is Nemaha County affordable for buying a home?
Is renting or owning cheaper in Nemaha County?
How much income do you need for housing in Nemaha County?
What should I double-check before moving to Nemaha County?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.