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Ericson, NE
Full City Profile · Nebraska · Wheeler County County
3.6
/5.0
B+
Good
114
Population
300/sq mi density
$53,333
Median Income
$54,708 per capita
$112,500
Home Value
$231,382 Zillow
$485
Median Rent
12.5% income on rent
48°F
Avg Temperature
308 sunny days/yr
108
Violent Crime/100K
352 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$53,333 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$112,500 home value, $485/mo rent
F
Safety
1.0 / 5.0
108 violent crimes/100K
A
Education
4.3 / 5.0
41.7% bachelor's degree or higher
Housing Overview
Median Home Value
$112,500
60% below
US avg: $281,900
Median Rent
$485/mo
58% below
US avg: $1,163/mo
Homeownership Rate
72.2%
10% above US avg (65.4%)
Total Housing Units
74
Median year built: 1971
Home Value by Source
Census Median
$112,500
Zillow (ZHVI)
$231,382
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.2%
Owner-Occupied
27.8%
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:
$485/mo
Affordability & Housing Stock
Rent Burden
12.5%
of renters spending 30%+ of income on housing
60% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
72.2%
Complete Housing Data
Home Values
| Census Median Value | $112,500 |
| Zillow Home Value (ZHVI) | $231,382 |
Rent
| Census Median Rent | $485 |
| FMR Studio | $706 |
| FMR 1-Bedroom | $791 |
| FMR 2-Bedroom | $1,001 |
| FMR 3-Bedroom | $1,274 |
| FMR 4-Bedroom | $1,409 |
Market
Ownership & Stock
| Owner-Occupied | 72.2% |
| Renter-Occupied | 27.8% |
| Homeownership Rate | 72.2% |
| Total Housing Units | 74 |
| Median Year Built | 1971 |
| Rent Burden | 12.5% |