Morrill County, Nebraska
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Morrill County Compares
Detailed Income Statistics
Income Advisory: Morrill County
Income Verdict
Morrill County has a median household income of $59,773 and per capita income of $33,101 — a gap of $26,672, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $744/month and a median household income of $59,773, rent consumes approximately 14.9% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $59,773, residents of Morrill County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $33,101 is in line with national norms for individual earners.
Neighbor Context
Morrill County earns approximately 10.6% below the Nebraska state median household income of $66,880.
Data Story
About Household Income in Morrill County, Nebraska
Morrill County significantly below U.S. median
Morrill County's median household income of $59,773 trails the national median of $74,755 by roughly $14,980. This substantial gap reflects economic pressures facing rural western Nebraska, where wage growth remains limited.
Lowest in state averages among these eight
At $59,773, Morrill County ranks as the lowest-income county in this group, falling $7,107 below Nebraska's state average of $66,880. The county faces economic headwinds requiring strategic local development efforts.
Struggling compared to regional peers
Morrill County's $59,773 income ranks lowest in the cluster, $11,877 behind Logan County and nearly $6,000 below Nance and Madison counties. Only Loup and McPherson counties earn less, and the gap widens each year regionally.
Housing costs strain limited budgets
Morrill County's 14.9% rent-to-income ratio is the second-highest in this group, squeezing household discretionary spending. Combined with the county's lowest median income, this pressure underscores the need for careful budget management.
Strategic planning critical for Morrill families
Lower income and higher housing cost ratios mean Morrill County households must prioritize financial discipline to build wealth. Consider meeting with a nonprofit credit counselor or financial advisor to develop a realistic savings and investment roadmap suited to local conditions.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Morrill County
Your income is above the Morrill County median
County median: $59,773 per year
vs. County Median
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vs. State Average
-11%
vs. National Median
-20%
Income Adequacy
Your monthly income ($4,981) vs. median rent ($744/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.