Richardson County, Nebraska
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Richardson County Compares
Detailed Income Statistics
Income Advisory: Richardson County
Income Verdict
Richardson County has a median household income of $55,578 and per capita income of $35,481 — a gap of $20,097, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $692/month and a median household income of $55,578, rent consumes approximately 14.9% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $55,578, residents of Richardson County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $35,481 is in line with national norms for individual earners.
Neighbor Context
Richardson County earns approximately 16.9% below the Nebraska state median household income of $66,880.
Data Story
About Household Income in Richardson County, Nebraska
Richardson County income trails nation
Richardson County's median household income of $55,578 sits roughly $19,177 below the national median of $74,755. The county ranks in the lowest quartile nationally for household earnings.
Among Nebraska's lowest-earning counties
At $55,578, Richardson County's median household income ranks near the bottom of Nebraska's 93 counties, trailing the state average of $66,880 by over $11,000. Only a handful of Nebraska counties earn less.
Economically distressed relative to region
Richardson County's $55,578 median household income is the lowest among its southeast Nebraska neighbors, falling below Rock County ($57,500) and Red Willow County ($60,000). The county faces steeper economic headwinds than surrounding areas.
Affordable housing offsets low income
Richardson County's 14.9% rent-to-income ratio slightly exceeds the 12% comfort threshold, but the median home value of just $96,500 is the lowest in the region. For renters and first-time homebuyers, affordability is a relative advantage despite modest household earnings.
Stretch modest income into lasting wealth
Richardson County households earning $55,578 can leverage affordable housing costs to build equity and savings when income is carefully managed. Focus on employer retirement benefits, low-cost index investing, and strategic debt repayment to grow wealth despite economic constraints.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Richardson County
Your income is above the Richardson County median
County median: $55,578 per year
vs. County Median
+0%
vs. State Average
-17%
vs. National Median
-26%
Income Adequacy
Your monthly income ($4,632) vs. median rent ($692/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.