Living in Omaha, Nebraska

Cost of living, income, home prices, rent and demographics of Omaha · Census data 2020–2024

Omaha has 488,837 residents with a median age of 35.3. The median household income is $73,201 (4% lower than the Nebraska median), the median home value is $245,500, the median rent is $1,187/month.

Omaha at a glance

Population
488,837
Median age
35.3State: 37.2
Median household income
$73,201State: $76,475
Median home value
$245,500State: $238,600
Median rent
$1,187/moState: $1,072
Homeowners
57.4%
Bachelor's degree or higher
40.1%
Average commute
20 min

Is Omaha a good place to live?

Cons: Median household income 4% lower than the Nebraska median; home values about the same as the state median; an average commute of 20 minutes; unemployment of 4.2%; a poverty rate of 13.5%.

The weather is best in May to July and September.

Cost of living in Omaha

Housing is the biggest part of the cost of living. In Omaha the median home value is $245,500, 26% lower than the U.S. median. Renters pay a median of $1,187 per month, which is 30% of household income. Homeowners with a mortgage pay $1,783 a month in housing costs.

Median home value

Omaha$245,500
Nebraska$238,600
United States$332,700

Median monthly rent

Omaha$1,187
Nebraska$1,072
United States$1,413

Omaha median household income

The median household income in Omaha is $73,201 and the income per person is $43,638. 13.5% of residents live below the poverty line (Nebraska: 10.6%).

Median household income

Omaha$73,201
Nebraska$76,475
United States$80,734

Housing in Omaha: homes for sale and rent

Housing units
213,023
Owner-occupied
57.4%
Renter-occupied
42.6%
Vacant
5.3%Includes seasonal homes
Median year built
1973
Average household size
2.37

Omaha demographics

Population
488,837
Median age
35.3
Under 18
24.2%
65 and older
14.5%
Households
201,698
Foreign-born
11.3%
Veterans
5.8%Adults 18+

Race and ethnicity

White66.6%
Hispanic or Latino16.2%
Black11.8%
Asian4.1%

Hispanic or Latino can be of any race. Population history of Omaha ›

Education in Omaha

40.1% of adults 25 and older in Omaha have a bachelor's degree or higher (Nebraska: 34.6%), and 14.8% have a graduate or professional degree.

Bachelor's degree or higher

Omaha40.1%
Nebraska34.6%
United States35.7%

Jobs and commute in Omaha

Unemployment rate
4.2%State: 3%
Average commute
20 minState: 19 min
Work from home
15.1%
Drive alone
71.8%
Public transit
1%
Walk to work
1.7%
Homes with broadband
91.5%

Omaha vs nearby towns

TownPopulationMedian incomeHome valueRent
Omaha488,837$73,201$245,500$1,187
Boys Town809$73,750——
Ralston6,472$69,403$230,800$1,215
La Vista16,563$81,961$260,900$1,317
Chalco10,595$85,672$238,600$1,195
Carter Lake3,767$85,349$169,400$1,323
Papillion25,244$111,679$311,000$1,269
Bennington2,366$97,500$333,100$1,516
Bellevue64,510$85,462$247,000$1,226

More for people moving to Omaha

Omaha ZIP code ›Weather and climate ›

Living in Omaha: FAQ

What is the median household income in Omaha, NE?

The median household income in Omaha is $73,201, 4% 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 Omaha?

The median home value in Omaha is $245,500, compared with $238,600 in Nebraska.

How much is rent in Omaha?

The median gross rent in Omaha is $1,187 per month, about 30% of household income.

Is Omaha, NE a good place to live?

Minuses: median household income 4% lower than the Nebraska median; home values about the same as the state median; an average commute of 20 minutes; unemployment of 4.2%; a poverty rate of 13.5%.

What is the median age in Omaha?

The median age in Omaha is 35.3 years (Nebraska: 37.2).

How long is the commute in Omaha?

The average commute to work in Omaha is 20 minutes; 15.1% of workers work from home.

What is the unemployment rate in Omaha?

The unemployment rate in Omaha is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Omaha?

40.1% of adults in Omaha 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: