Valley County, Nebraska
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Valley County Compares
Detailed Income Statistics
Income Advisory: Valley County
Income Verdict
Valley County has a median household income of $58,902 and per capita income of $38,033 — a gap of $20,869, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $616/month and a median household income of $58,902, rent consumes approximately 12.5% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $58,902, residents of Valley County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $38,033 is in line with national norms for individual earners.
Neighbor Context
Valley County earns approximately 11.9% below the Nebraska state median household income of $66,880.
Data Story
About Household Income in Valley County, Nebraska
Valley earnings lag national benchmark
Valley County's median household income of $58,902 trails the national median of $74,755 by $15,853, or 21%. This gap reflects the rural employment constraints typical of sparsely populated Sandhills regions.
Below Nebraska's state median
Valley's $58,902 falls short of Nebraska's median of $66,880 by $7,978, placing it in the lower-middle range of county performance. The shortfall suggests limited economic diversification beyond agriculture and ranching.
Similar to other western counties
Valley ($58,902) nearly matches Sheridan ($56,900) and outpaces Sioux ($54,076), reflecting typical Sandhills economic patterns. All three share dependence on agriculture with few alternative employment centers nearby.
Housing costs remarkably low
Valley's 12.6% rent-to-income ratio is among the best here, demonstrating exceptional housing affordability. The median home value of $122,200 remains moderate, giving households meaningful purchasing power and financial breathing room.
Leverage low cost of living
Valley County's advantage lies in its extraordinarily low cost of living relative to income—a powerful wealth-building tool. Use housing savings to fund emergency reserves, participate in employer retirement matching, and explore long-term investment strategies suited to rural economies.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Valley County
Your income is above the Valley County median
County median: $58,902 per year
vs. County Median
+0%
vs. State Average
-12%
vs. National Median
-21%
Income Adequacy
Your monthly income ($4,909) vs. median rent ($616/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.