Living in Ericson, Nebraska
Cost of living, income, home prices, rent and demographics of Ericson · Census data 2020–2024
Ericson has 157 residents with a median age of 53.5. The median household income is $69,500 (9% lower than the Nebraska median), the median home value is $141,300, the median rent is $493/month.
Ericson is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Ericson at a glance
- Population
- 157
- Median age
- 53.5State: 37.2
- Median household income
- $69,500State: $76,475
- Median home value
- $141,300State: $238,600
- Median rent
- $493/moState: $1,072
- Homeowners
- 65%
- Bachelor's degree or higher
- 40.2%
- Average commute
- 22 min
Is Ericson a good place to live?
Pros: Home values 41% lower than the state median; a poverty rate of 3.8%.
Cons: Median household income 9% lower than the Nebraska median; an average commute of 22 minutes.
The weather is best in June to September.
Cost of living in Ericson
Housing is the biggest part of the cost of living. In Ericson the median home value is $141,300, 58% lower than the U.S. median. Renters pay a median of $493 per month, which is 12.1% of household income. Homeowners with a mortgage pay $2,600 a month in housing costs.
Ericson median household income
The median household income in Ericson is $69,500 and the income per person is $59,997. 3.8% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Ericson: homes for sale and rent
- Housing units
- 79
- Owner-occupied
- 65%
- Renter-occupied
- 35%
- Vacant
- 24.1%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.62
Ericson demographics
- Population
- 157
- Median age
- 53.5
- Under 18
- 28.7%
- 65 and older
- 21.7%
- Households
- 60
- Foreign-born
- 6.4%
- Veterans
- 2.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Ericson ›
Education in Ericson
40.2% of adults 25 and older in Ericson have a bachelor's degree or higher (Nebraska: 34.6%), and 16.1% have a graduate or professional degree.
Jobs and commute in Ericson
- Unemployment rate
- 0%State: 3%
- Average commute
- 22 minState: 19 min
- Work from home
- 5.7%
- Drive alone
- 66.7%
- Public transit
- 0%
- Walk to work
- 8%
- Homes with broadband
- 80%
Ericson vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Ericson | 157 | $69,500 | $141,300 | $493 |
| Bartlett | 189 | $51,154 | $84,200 | $463 |
| Spalding | 353 | $65,625 | $127,300 | $546 |
| Ord | 2,100 | $57,818 | $119,800 | $617 |
| Greeley Center | 417 | $49,083 | $80,700 | $658 |
| North Loup | 238 | $49,167 | $55,600 | $618 |
| Scotia | 428 | $45,000 | $102,800 | $581 |
| Burwell | 848 | $51,250 | $164,400 | $460 |
| Chambers | 424 | $73,333 | $91,000 | $1,087 |
More for people moving to Ericson
Ericson ZIP code ›Weather and climate ›Living in Ericson: FAQ
What is the median household income in Ericson, NE?
The median household income in Ericson is $69,500, 9% 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 Ericson?
The median home value in Ericson is $141,300, compared with $238,600 in Nebraska.
How much is rent in Ericson?
The median gross rent in Ericson is $493 per month, about 12.1% of household income.
Is Ericson, NE a good place to live?
Pluses: home values 41% lower than the state median; a poverty rate of 3.8%. Minuses: median household income 9% lower than the Nebraska median; an average commute of 22 minutes.
What is the median age in Ericson?
The median age in Ericson is 53.5 years (Nebraska: 37.2).
How long is the commute in Ericson?
The average commute to work in Ericson is 22 minutes; 5.7% of workers work from home.
What is the unemployment rate in Ericson?
The unemployment rate in Ericson is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Ericson?
40.2% of adults in Ericson 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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