Central City, NE
Full City Profile · Nebraska · Merrick County County
3.2
/5.0
B
Good
3,039
Population
1,245/sq mi density
$62,012
Median Income
$34,675 per capita
$158,300
Home Value
$198,661 Zillow
$729
Median Rent
28.5% income on rent
50°F
Avg Temperature
308 sunny days/yr
209
Violent Crime/100K
209 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$62,012 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$158,300 home value, $729/mo rent
F
Safety
1.0 / 5.0
209 violent crimes/100K
C+
Education
2.6 / 5.0
19.7% bachelor's degree or higher
Housing Overview
Median Home Value
$158,300
44% below
US avg: $281,900
Median Rent
$729/mo
37% below
US avg: $1,163/mo
Homeownership Rate
67.4%
3% above US avg (65.4%)
Total Housing Units
1,285
Median year built: 1969
Home Value by Source
Census Median
$158,300
Zillow (ZHVI)
$198,661
Median Sale Price
$223,500
Median List Price
$439,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
67.4%
Owner-Occupied
32.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$706/mo
1 Bedroom
$791/mo
2 Bedroom
$1,001/mo
3 Bedroom
$1,274/mo
4 Bedroom
$1,409/mo
Census median rent:
$729/mo
Market Indicators (Redfin)
Median Days on Market
130 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
37.5%
of listings with price reduction
Price Per Sq Ft
$113
Active Inventory
8
homes for sale
Affordability & Housing Stock
Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
67.4%
Complete Housing Data
Home Values
| Census Median Value | $158,300 |
| Zillow Home Value (ZHVI) | $198,661 |
| Median Sale Price | $223,500 |
| Median List Price | $439,000 |
| Price Per Sq Ft | $113 |
Rent
| Census Median Rent | $729 |
| FMR Studio | $706 |
| FMR 1-Bedroom | $791 |
| FMR 2-Bedroom | $1,001 |
| FMR 3-Bedroom | $1,274 |
| FMR 4-Bedroom | $1,409 |
Market
| Days on Market | 130 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 37.5% |
| Homes Sold | 4 |
| Active Inventory | 8 |
| Price Per Sq Ft | $113 |
Ownership & Stock
| Owner-Occupied | 67.4% |
| Renter-Occupied | 32.6% |
| Homeownership Rate | 67.4% |
| Total Housing Units | 1,285 |
| Median Year Built | 1969 |
| Rent Burden | 28.5% |
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