Living in Benedict, Nebraska
Cost of living, income, home prices, rent and demographics of Benedict · Census data 2020–2024
Benedict has 280 residents with a median age of 32.1. The median household income is $57,500 (25% lower than the Nebraska median), the median home value is $96,300, the median rent is $725/month.
Benedict is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Benedict at a glance
- Population
- 280
- Median age
- 32.1State: 37.2
- Median household income
- $57,500State: $76,475
- Median home value
- $96,300State: $238,600
- Median rent
- $725/moState: $1,072
- Homeowners
- 72.3%
- Bachelor's degree or higher
- 11%
- Average commute
- 32 min
Is Benedict a good place to live?
Pros: Home values 60% lower than the state median; unemployment of 1.7%.
Cons: Median household income 25% lower than the Nebraska median; an average commute of 32 minutes; a poverty rate of 19.6%.
The weather is best in May–June and August–September.
Cost of living in Benedict
Housing is the biggest part of the cost of living. In Benedict the median home value is $96,300, 71% lower than the U.S. median. Renters pay a median of $725 per month, which is 25% of household income. Homeowners with a mortgage pay $1,017 a month in housing costs.
Benedict median household income
The median household income in Benedict is $57,500 and the income per person is $24,684. 19.6% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Benedict: homes for sale and rent
- Housing units
- 116
- Owner-occupied
- 72.3%
- Renter-occupied
- 27.7%
- Vacant
- 19%Includes seasonal homes
- Median year built
- 1954
- Average household size
- 2.98
Benedict demographics
- Population
- 280
- Median age
- 32.1
- Under 18
- 40%
- 65 and older
- 11.4%
- Households
- 94
- Foreign-born
- 17.1%
- Veterans
- 4.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Benedict ›
Education in Benedict
11% of adults 25 and older in Benedict have a bachelor's degree or higher (Nebraska: 34.6%), and 3.1% have a graduate or professional degree.
Jobs and commute in Benedict
- Unemployment rate
- 1.7%State: 3%
- Average commute
- 32 minState: 19 min
- Work from home
- 23.9%
- Drive alone
- 67.5%
- Public transit
- 0%
- Walk to work
- 0.9%
- Homes with broadband
- 94.7%
Benedict vs nearby towns
More for people moving to Benedict
Benedict ZIP code ›Weather and climate ›Living in Benedict: FAQ
What is the median household income in Benedict, NE?
The median household income in Benedict is $57,500, 25% 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 Benedict?
The median home value in Benedict is $96,300, compared with $238,600 in Nebraska.
How much is rent in Benedict?
The median gross rent in Benedict is $725 per month, about 25% of household income.
Is Benedict, NE a good place to live?
Pluses: home values 60% lower than the state median; unemployment of 1.7%. Minuses: median household income 25% lower than the Nebraska median; an average commute of 32 minutes; a poverty rate of 19.6%.
What is the median age in Benedict?
The median age in Benedict is 32.1 years (Nebraska: 37.2).
How long is the commute in Benedict?
The average commute to work in Benedict is 32 minutes; 23.9% of workers work from home.
What is the unemployment rate in Benedict?
The unemployment rate in Benedict is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Benedict?
11% of adults in Benedict 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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