Living in Cedar Rapids, Nebraska
Cost of living, income, home prices, rent and demographics of Cedar Rapids · Census data 2020–2024
Cedar Rapids has 493 residents with a median age of 35.5. The median household income is $54,519 (29% lower than the Nebraska median), the median home value is $79,600, the median rent is $768/month.
Cedar Rapids is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Cedar Rapids at a glance
- Population
- 493
- Median age
- 35.5State: 37.2
- Median household income
- $54,519State: $76,475
- Median home value
- $79,600State: $238,600
- Median rent
- $768/moState: $1,072
- Homeowners
- 86.5%
- Bachelor's degree or higher
- 16.1%
- Average commute
- 29 min
Is Cedar Rapids a good place to live?
Pros: Home values 67% lower than the state median; unemployment of 0.4%.
Cons: Median household income 29% lower than the Nebraska median; an average commute of 29 minutes; a poverty rate of 11.4%.
The weather is best in June to September.
Cost of living in Cedar Rapids
Housing is the biggest part of the cost of living. In Cedar Rapids the median home value is $79,600, 76% lower than the U.S. median. Renters pay a median of $768 per month, which is 19.2% of household income. Homeowners with a mortgage pay $1,297 a month in housing costs.
Cedar Rapids median household income
The median household income in Cedar Rapids is $54,519 and the income per person is $26,343. 11.4% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Cedar Rapids: homes for sale and rent
- Housing units
- 222
- Owner-occupied
- 86.5%
- Renter-occupied
- 13.5%
- Vacant
- 16.7%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.64
Cedar Rapids demographics
- Population
- 493
- Median age
- 35.5
- Under 18
- 31.6%
- 65 and older
- 17.4%
- Households
- 185
- Foreign-born
- 4.1%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Cedar Rapids ›
Education in Cedar Rapids
16.1% of adults 25 and older in Cedar Rapids have a bachelor's degree or higher (Nebraska: 34.6%), and 2.5% have a graduate or professional degree.
Jobs and commute in Cedar Rapids
- Unemployment rate
- 0.4%State: 3%
- Average commute
- 29 minState: 19 min
- Work from home
- 3.1%
- Drive alone
- 79.2%
- Public transit
- 0%
- Walk to work
- 6.2%
- Homes with broadband
- 83.8%
Cedar Rapids vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cedar Rapids | 493 | $54,519 | $79,600 | $768 |
| Albion | 1,822 | $74,492 | $219,000 | $705 |
| Spalding | 353 | $65,625 | $127,300 | $546 |
| St. Edward | 588 | $53,587 | $102,100 | $914 |
| Fullerton | 1,346 | $47,750 | $128,500 | $817 |
| Wolbach | 283 | $52,321 | $67,300 | $713 |
| Greeley Center | 417 | $49,083 | $80,700 | $658 |
| Petersburg | 397 | $87,625 | $152,300 | $800 |
| Cushing | 112 | $98,478 | — | — |
More for people moving to Cedar Rapids
Cedar Rapids ZIP code ›Weather and climate ›Living in Cedar Rapids: FAQ
What is the median household income in Cedar Rapids, NE?
The median household income in Cedar Rapids is $54,519, 29% 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 Cedar Rapids?
The median home value in Cedar Rapids is $79,600, compared with $238,600 in Nebraska.
How much is rent in Cedar Rapids?
The median gross rent in Cedar Rapids is $768 per month, about 19.2% of household income.
Is Cedar Rapids, NE a good place to live?
Pluses: home values 67% lower than the state median; unemployment of 0.4%. Minuses: median household income 29% lower than the Nebraska median; an average commute of 29 minutes; a poverty rate of 11.4%.
What is the median age in Cedar Rapids?
The median age in Cedar Rapids is 35.5 years (Nebraska: 37.2).
How long is the commute in Cedar Rapids?
The average commute to work in Cedar Rapids is 29 minutes; 3.1% of workers work from home.
What is the unemployment rate in Cedar Rapids?
The unemployment rate in Cedar Rapids is 0.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cedar Rapids?
16.1% of adults in Cedar Rapids 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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