Living in Amherst, Nebraska
Cost of living, income, home prices, rent and demographics of Amherst · Census data 2020–2024
Amherst has 272 residents with a median age of 35.9. The median household income is $69,125 (10% lower than the Nebraska median), the median home value is $169,800, the median rent is $679/month.
Amherst is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Amherst at a glance
- Population
- 272
- Median age
- 35.9State: 37.2
- Median household income
- $69,125State: $76,475
- Median home value
- $169,800State: $238,600
- Median rent
- $679/moState: $1,072
- Homeowners
- 76.6%
- Bachelor's degree or higher
- 37.7%
- Average commute
- 21 min
Is Amherst a good place to live?
Pros: Home values 29% lower than the state median; a poverty rate of 2.9%.
Cons: Median household income 10% lower than the Nebraska median; an average commute of 21 minutes; unemployment of 4.4%.
The weather is best in May–June and August–September.
Cost of living in Amherst
Housing is the biggest part of the cost of living. In Amherst the median home value is $169,800, 49% lower than the U.S. median. Renters pay a median of $679 per month, which is 20% of household income. Homeowners with a mortgage pay $1,427 a month in housing costs.
Amherst median household income
The median household income in Amherst is $69,125 and the income per person is $29,928. 2.9% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Amherst: homes for sale and rent
- Housing units
- 119
- Owner-occupied
- 76.6%
- Renter-occupied
- 23.4%
- Vacant
- 6.7%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.45
Amherst demographics
- Population
- 272
- Median age
- 35.9
- Under 18
- 32.4%
- 65 and older
- 21.7%
- Households
- 111
- Foreign-born
- 0.7%
- Veterans
- 7.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Amherst ›
Education in Amherst
37.7% of adults 25 and older in Amherst have a bachelor's degree or higher (Nebraska: 34.6%), and 16.8% have a graduate or professional degree.
Jobs and commute in Amherst
- Unemployment rate
- 4.4%State: 3%
- Average commute
- 21 minState: 19 min
- Work from home
- 4.6%
- Drive alone
- 76.1%
- Public transit
- 0%
- Walk to work
- 9.2%
- Homes with broadband
- 89.2%
Amherst vs nearby towns
More for people moving to Amherst
Amherst ZIP code ›Weather and climate ›Living in Amherst: FAQ
What is the median household income in Amherst, NE?
The median household income in Amherst is $69,125, 10% lower than the Nebraska median of $76,475 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Amherst?
The median home value in Amherst is $169,800, compared with $238,600 in Nebraska.
How much is rent in Amherst?
The median gross rent in Amherst is $679 per month, about 20% of household income.
Is Amherst, NE a good place to live?
Pluses: home values 29% lower than the state median; a poverty rate of 2.9%. Minuses: median household income 10% lower than the Nebraska median; an average commute of 21 minutes; unemployment of 4.4%.
What is the median age in Amherst?
The median age in Amherst is 35.9 years (Nebraska: 37.2).
How long is the commute in Amherst?
The average commute to work in Amherst is 21 minutes; 4.6% of workers work from home.
What is the unemployment rate in Amherst?
The unemployment rate in Amherst is 4.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Amherst?
37.7% of adults in Amherst have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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