Living in Hallam, Nebraska
Cost of living, income, home prices, rent and demographics of Hallam · Census data 2020–2024
Hallam has 346 residents with a median age of 35.6. The median household income is $98,214 (28% higher than the Nebraska median), the median home value is $287,900, the median rent is $988/month.
Hallam is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Hallam at a glance
- Population
- 346
- Median age
- 35.6State: 37.2
- Median household income
- $98,214State: $76,475
- Median home value
- $287,900State: $238,600
- Median rent
- $988/moState: $1,072
- Homeowners
- 86.4%
- Bachelor's degree or higher
- 22.9%
- Average commute
- 32 min
Is Hallam a good place to live?
Pros: Median household income 28% higher than the Nebraska median; a poverty rate of 2.9%.
Cons: Home values 21% higher than the state median; an average commute of 32 minutes.
The weather is best in May–June and August–September.
Cost of living in Hallam
Housing is the biggest part of the cost of living. In Hallam the median home value is $287,900, 13% lower than the U.S. median. Renters pay a median of $988 per month, which is 51% of household income. Homeowners with a mortgage pay $1,893 a month in housing costs.
Hallam median household income
The median household income in Hallam is $98,214 and the income per person is $38,727. 2.9% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Hallam: homes for sale and rent
- Housing units
- 118
- Owner-occupied
- 86.4%
- Renter-occupied
- 13.6%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 2007
- Average household size
- 2.93
Hallam demographics
- Population
- 346
- Median age
- 35.6
- Under 18
- 32.9%
- 65 and older
- 8.1%
- Households
- 118
- Foreign-born
- 1.2%
- Veterans
- 13.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Hallam ›
Education in Hallam
22.9% of adults 25 and older in Hallam have a bachelor's degree or higher (Nebraska: 34.6%), and 6.9% have a graduate or professional degree.
Jobs and commute in Hallam
- Unemployment rate
- 0%State: 3%
- Average commute
- 32 minState: 19 min
- Work from home
- 13.8%
- Drive alone
- 75.5%
- Public transit
- 0%
- Walk to work
- 0.5%
- Homes with broadband
- 96.6%
Hallam vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hallam | 346 | $98,214 | $287,900 | $988 |
| Cortland | 547 | $74,583 | $183,200 | $1,075 |
| Clatonia | 326 | $60,208 | $126,100 | $944 |
| Sprague | 176 | $81,250 | $197,300 | $1,607 |
| Martell | 133 | $134,115 | $199,100 | — |
| Firth | 604 | $80,938 | $221,600 | $1,056 |
| Wilber | 1,936 | $84,712 | $185,700 | $805 |
| Hickman | 3,004 | $104,375 | $311,700 | — |
| Crete | 7,527 | $77,209 | $223,500 | $936 |
More for people moving to Hallam
Hallam ZIP code ›Weather and climate ›Living in Hallam: FAQ
What is the median household income in Hallam, NE?
The median household income in Hallam is $98,214, 28% higher 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 Hallam?
The median home value in Hallam is $287,900, compared with $238,600 in Nebraska.
How much is rent in Hallam?
The median gross rent in Hallam is $988 per month, about 51% of household income.
Is Hallam, NE a good place to live?
Pluses: median household income 28% higher than the Nebraska median; a poverty rate of 2.9%. Minuses: home values 21% higher than the state median; an average commute of 32 minutes.
What is the median age in Hallam?
The median age in Hallam is 35.6 years (Nebraska: 37.2).
How long is the commute in Hallam?
The average commute to work in Hallam is 32 minutes; 13.8% of workers work from home.
What is the unemployment rate in Hallam?
The unemployment rate in Hallam is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hallam?
22.9% of adults in Hallam 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.
Last updated: