Phelps County, Nebraska

Income Data

-1% vs. Nebraska average
$65,988
Median Household Income
$39,646
Per Capita Income

At a Glance

Median Household Income
$65,988
-1% vs. state avg
Per Capita Income
$39,646
+0% vs. national
Income-to-Housing Ratio
38.1%
income as % of home value
Rank in Nebraska
#45 / 93
by median household income

How Phelps County Compares

Phelps County$65,988
Nebraska Average$66,880
National Median$74,755

Detailed Income Statistics

$65,988
Median Household Income
$39,646
Per Capita Income
$173,300
Median Home Value
38.1%
Income-to-Housing Ratio

Data Story

About Household Income in Phelps County, Nebraska

Phelps Trails National Income Mark

Phelps County's median household income of $65,988 falls about $8,767 below the national median of $74,755, representing an 11.7% shortfall. The county sits slightly below the national middle class, though not dramatically so.

Just Below Nebraska's State Average

At $65,988, Phelps County's median household income falls nearly $900 short of Nebraska's state average of $66,880. The county ranks near the middle of Nebraska's 93 counties, reflecting typical income conditions for the state.

Lower Middle in Regional Standings

Phelps County's $65,988 income trails neighbors like Platte County ($72,335) and Nuckolls County ($70,201), while slightly outpacing Perkins County ($67,500). The county represents a lower-middle tier of earning power within its region.

Higher Home Values Press Budgets

Despite a reasonable rent-to-income ratio of 13.2%, Phelps County's median home value of $173,300 is high relative to the $65,988 median income. Homebuyers here commit a substantial portion of income to housing, limiting discretionary savings.

Thoughtful Decisions Drive Long-Term Growth

Phelps County households should carefully evaluate home purchases against long-term financial goals, as housing costs significantly impact wealth-building capacity. Prioritizing down payments, avoiding excessive debt, and taking advantage of employer retirement plans creates a foundation for steady wealth accumulation.

Frequently Asked Questions

What is the median household income in Phelps County, Nebraska?
The median household income in Phelps County, Nebraska is $65,988, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Phelps County?
The per capita income in Phelps County is $39,646, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $65,988.
How does Phelps County compare to the Nebraska average?
Phelps County's median household income of $65,988 is lower than the Nebraska state average of $66,880. The per capita income is $39,646, compared to the state average of $36,101.
What is the per capita income in Phelps County, Nebraska?
The per capita income in Phelps County, Nebraska is $39,646, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Phelps County a low-income area in Nebraska?
Phelps County's median household income of $65,988 is below the Nebraska average of $66,880. The per capita income of $39,646 is also comparable to the state average of $36,101. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Phelps County rank for income in Nebraska?
Phelps County ranks #45 out of 93 counties in Nebraska by median household income (1 = highest). With a median household income of $65,988 and per capita income of $39,646, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Phelps County

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County median: $65,988 per year

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vs. State Average

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vs. National Median

-12%

vs. Phelps County MedianAbout equal
vs. Nebraska Average1% below
vs. National Median12% below

Income Adequacy

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Your monthly income ($5,499) vs. median rent ($724/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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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.