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Newman Grove, NE
Full City Profile · Nebraska · Madison County County
2.7
/5.0
C+
Fair
934
Population
1,698/sq mi density
$57,000
Median Income
$24,658 per capita
$82,500
Home Value
$179,649 Zillow
$689
Median Rent
19.1% income on rent
48°F
Avg Temperature
308 sunny days/yr
171
Violent Crime/100K
2,456 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$57,000 median income, 8.0% unemployment
A+
Affordability
5.0 / 5.0
$82,500 home value, $689/mo rent
F
Safety
1.0 / 5.0
171 violent crimes/100K
D
Education
1.8 / 5.0
10.4% bachelor's degree or higher
Housing Overview
Median Home Value
$82,500
71% below
US avg: $281,900
Median Rent
$689/mo
41% below
US avg: $1,163/mo
Homeownership Rate
72.4%
11% above US avg (65.4%)
Total Housing Units
365
Median year built: 1938
Home Value by Source
Census Median
$82,500
Zillow (ZHVI)
$179,649
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.4%
Owner-Occupied
27.6%
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:
$689/mo
Affordability & Housing Stock
Rent Burden
19.1%
of renters spending 30%+ of income on housing
38% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
72.4%
Complete Housing Data
Home Values
| Census Median Value | $82,500 |
| Zillow Home Value (ZHVI) | $179,649 |
Rent
| Census Median Rent | $689 |
| 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 | 72.4% |
| Renter-Occupied | 27.6% |
| Homeownership Rate | 72.4% |
| Total Housing Units | 365 |
| Median Year Built | 1938 |
| Rent Burden | 19.1% |