Elm Creek, NE
Full City Profile · Nebraska · Phelps County County
Elm Creek, NE
At a Glance
How Elm Creek Compares to the U.S. Average
Each bar shows Elm Creek's value as a percentage of the national average (100% = U.S. avg)
Is Elm Creek a Good Place to Live?
Economy & Jobs
Elm Creek residents earn a median household income of $75,625 , which is 1% above the national average of $75,149. Per capita income is $29,310. The unemployment rate stands at 2.1% (42% below the U.S. rate of 3.6%). 4.0% of residents live below the poverty line. The area is home to 421 business establishments, including 25 restaurants.
Housing & Cost of Living
The median home value in Elm Creek is $197,100 , 30% below the national median of $281,900. Zillow estimates the typical home at $246,485. Median rent is $767/month, with 26.9% of renters spending more than 30% of income on housing. The cost of living index is 90.1 (100 = national average). The median home was built in 1973.
Education
24.9% of adults in Elm Creek hold a bachelor's degree or higher (26% below the national average). 96.9% have completed high school. Local schools score 6.3/10 in standardized testing.
Climate & Weather
Elm Creek has an average annual temperature of 51°F (10°C). Winters average 27°F in January while summers reach 75°F in July. Annual precipitation totals 23.2 inches.