Living in Thedford, Nebraska

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

Thedford has 225 residents with a median age of 46.1. The median household income is $75,224 (about the same as the Nebraska median), the median home value is $84,000, the median rent is $675/month.

Thedford is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Thedford at a glance

Population
225
Median age
46.1State: 37.2
Median household income
$75,224State: $76,475
Median home value
$84,000State: $238,600
Median rent
$675/moState: $1,072
Homeowners
65.2%
Bachelor's degree or higher
23.6%
Average commute
14 min

Is Thedford a good place to live?

Pros: Home values 65% lower than the state median; an average commute of 14 minutes; unemployment of 2.6%; a poverty rate of 5.8%.

Cons: Median household income about the same as the Nebraska median.

The weather is best in May–June and August–September.

Cost of living in Thedford

Housing is the biggest part of the cost of living. In Thedford the median home value is $84,000, 75% lower than the U.S. median. Renters pay a median of $675 per month, which is 17.3% of household income. Homeowners with a mortgage pay $1,000 a month in housing costs.

Median home value

Thedford$84,000
Nebraska$238,600
United States$332,700

Median monthly rent

Thedford$675
Nebraska$1,072
United States$1,413

Thedford median household income

The median household income in Thedford is $75,224 and the income per person is $41,119. 5.8% of residents live below the poverty line (Nebraska: 10.6%).

Median household income

Thedford$75,224
Nebraska$76,475
United States$80,734

Housing in Thedford: homes for sale and rent

Housing units
160
Owner-occupied
65.2%
Renter-occupied
34.8%
Vacant
15.6%Includes seasonal homes
Median year built
1953
Average household size
1.67

Thedford demographics

Population
225
Median age
46.1
Under 18
5.3%
65 and older
32%
Households
135
Foreign-born
1.3%
Veterans
8.5%Adults 18+

Race and ethnicity

White89.8%
Hispanic or Latino0%
Black1.3%
Asian0%

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

Education in Thedford

23.6% of adults 25 and older in Thedford have a bachelor's degree or higher (Nebraska: 34.6%), and 1.9% have a graduate or professional degree.

Bachelor's degree or higher

Thedford23.6%
Nebraska34.6%
United States35.7%

Jobs and commute in Thedford

Unemployment rate
2.6%State: 3%
Average commute
14 minState: 19 min
Work from home
7.9%
Drive alone
67.5%
Public transit
0%
Walk to work
21.2%
Homes with broadband
89.6%

Thedford vs nearby towns

TownPopulationMedian incomeHome valueRent
Thedford225$75,224$84,000$675
Mullen478$50,750$85,400$600
Stapleton343$70,250$106,000$713
Tryon142$60,833$122,200$631
Arnold945$64,688$146,700$946

More for people moving to Thedford

Thedford ZIP code ›Weather and climate ›

Living in Thedford: FAQ

What is the median household income in Thedford, NE?

The median household income in Thedford is $75,224, about the same as 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 Thedford?

The median home value in Thedford is $84,000, compared with $238,600 in Nebraska.

How much is rent in Thedford?

The median gross rent in Thedford is $675 per month, about 17.3% of household income.

Is Thedford, NE a good place to live?

Pluses: home values 65% lower than the state median; an average commute of 14 minutes; unemployment of 2.6%; a poverty rate of 5.8%. Minuses: median household income about the same as the Nebraska median.

What is the median age in Thedford?

The median age in Thedford is 46.1 years (Nebraska: 37.2).

How long is the commute in Thedford?

The average commute to work in Thedford is 14 minutes; 7.9% of workers work from home.

What is the unemployment rate in Thedford?

The unemployment rate in Thedford is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Thedford?

23.6% of adults in Thedford 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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