Living in Spalding, Nebraska
Cost of living, income, home prices, rent and demographics of Spalding · Census data 2020–2024
Spalding has 353 residents with a median age of 57.3. The median household income is $65,625 (14% lower than the Nebraska median), the median home value is $127,300, the median rent is $546/month.
Spalding is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Spalding at a glance
- Population
- 353
- Median age
- 57.3State: 37.2
- Median household income
- $65,625State: $76,475
- Median home value
- $127,300State: $238,600
- Median rent
- $546/moState: $1,072
- Homeowners
- 90.1%
- Bachelor's degree or higher
- 18.7%
- Average commute
- 10 min
Is Spalding a good place to live?
Pros: Home values 47% lower than the state median; an average commute of 10 minutes; a poverty rate of 2.7%.
Cons: Median household income 14% lower than the Nebraska median; unemployment of 11.4%.
The weather is best in May–June and August–September.
Cost of living in Spalding
Housing is the biggest part of the cost of living. In Spalding the median home value is $127,300, 62% lower than the U.S. median. Renters pay a median of $546 per month, which is 24.5% of household income. Homeowners with a mortgage pay $1,205 a month in housing costs.
Spalding median household income
The median household income in Spalding is $65,625 and the income per person is $30,595. 2.7% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Spalding: homes for sale and rent
- Housing units
- 189
- Owner-occupied
- 90.1%
- Renter-occupied
- 9.9%
- Vacant
- 20.1%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 2.22
Spalding demographics
- Population
- 353
- Median age
- 57.3
- Under 18
- 23.8%
- 65 and older
- 32%
- Households
- 151
- Foreign-born
- 2.8%
- Veterans
- 17.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Spalding ›
Education in Spalding
18.7% of adults 25 and older in Spalding have a bachelor's degree or higher (Nebraska: 34.6%), and 3.8% have a graduate or professional degree.
Jobs and commute in Spalding
- Unemployment rate
- 11.4%State: 3%
- Average commute
- 10 minState: 19 min
- Work from home
- 6.2%
- Drive alone
- 63.1%
- Public transit
- 0%
- Walk to work
- 20.8%
- Homes with broadband
- 95.4%
Spalding vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Spalding | 353 | $65,625 | $127,300 | $546 |
| Greeley Center | 417 | $49,083 | $80,700 | $658 |
| Cedar Rapids | 493 | $54,519 | $79,600 | $768 |
| Bartlett | 189 | $51,154 | $84,200 | $463 |
| Ericson | 157 | $69,500 | $141,300 | $493 |
| Petersburg | 397 | $87,625 | $152,300 | $800 |
| Albion | 1,822 | $74,492 | $219,000 | $705 |
| Wolbach | 283 | $52,321 | $67,300 | $713 |
| Scotia | 428 | $45,000 | $102,800 | $581 |
More for people moving to Spalding
Spalding ZIP code ›Weather and climate ›Living in Spalding: FAQ
What is the median household income in Spalding, NE?
The median household income in Spalding is $65,625, 14% 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 Spalding?
The median home value in Spalding is $127,300, compared with $238,600 in Nebraska.
How much is rent in Spalding?
The median gross rent in Spalding is $546 per month, about 24.5% of household income.
Is Spalding, NE a good place to live?
Pluses: home values 47% lower than the state median; an average commute of 10 minutes; a poverty rate of 2.7%. Minuses: median household income 14% lower than the Nebraska median; unemployment of 11.4%.
What is the median age in Spalding?
The median age in Spalding is 57.3 years (Nebraska: 37.2).
How long is the commute in Spalding?
The average commute to work in Spalding is 10 minutes; 6.2% of workers work from home.
What is the unemployment rate in Spalding?
The unemployment rate in Spalding is 11.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Spalding?
18.7% of adults in Spalding 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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