Living in Valley, Nebraska

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

Valley has 3,174 residents with a median age of 50.2. The median household income is $110,200 (44% higher than the Nebraska median), the median home value is $528,100, the median rent is $962/month.

Valley at a glance

Population
3,174
Median age
50.2State: 37.2
Median household income
$110,200State: $76,475
Median home value
$528,100State: $238,600
Median rent
$962/moState: $1,072
Homeowners
74%
Bachelor's degree or higher
51.2%
Average commute
29 min

Is Valley a good place to live?

Pros: Median household income 44% higher than the Nebraska median; unemployment of 2.1%; a poverty rate of 5.3%.

Cons: Home values 121% higher than the state median; an average commute of 29 minutes.

The weather is best in May and July to September.

Cost of living in Valley

Housing is the biggest part of the cost of living. In Valley the median home value is $528,100, 59% higher than the U.S. median. Renters pay a median of $962 per month, which is 30% of household income. Homeowners with a mortgage pay $3,071 a month in housing costs.

Median home value

Valley$528,100
Nebraska$238,600
United States$332,700

Median monthly rent

Valley$962
Nebraska$1,072
United States$1,413

Valley median household income

The median household income in Valley is $110,200 and the income per person is $71,769. 5.3% of residents live below the poverty line (Nebraska: 10.6%).

Median household income

Valley$110,200
Nebraska$76,475
United States$80,734

Housing in Valley: homes for sale and rent

Housing units
1,674
Owner-occupied
74%
Renter-occupied
26%
Vacant
16.5%Includes seasonal homes
Median year built
1982
Average household size
2.24

Valley demographics

Population
3,174
Median age
50.2
Under 18
19%
65 and older
22.1%
Households
1,398
Foreign-born
1.5%
Veterans
6.8%Adults 18+

Race and ethnicity

White93.3%
Hispanic or Latino3.6%
Black1.3%
Asian1%

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

Education in Valley

51.2% of adults 25 and older in Valley have a bachelor's degree or higher (Nebraska: 34.6%), and 22.1% have a graduate or professional degree.

Bachelor's degree or higher

Valley51.2%
Nebraska34.6%
United States35.7%

Jobs and commute in Valley

Unemployment rate
2.1%State: 3%
Average commute
29 minState: 19 min
Work from home
26.1%
Drive alone
63.4%
Public transit
0%
Walk to work
1.2%
Homes with broadband
91.8%

Valley vs nearby towns

TownPopulationMedian incomeHome valueRent
Valley3,174$110,200$528,100$962
Leshara177$70,750$162,500$1,021
Waterloo990$67,941$231,400$1,300
Yutan1,832$103,350$198,800$1,453
Arlington1,467$94,034$225,400$1,000
Mead607$80,272$166,400$1,013
Washington198$106,458$209,100—
Inglewood511$66,875$135,600$1,167
Fremont27,567$71,152$214,700$1,080

More for people moving to Valley

Valley ZIP code ›Weather and climate ›

Living in Valley: FAQ

What is the median household income in Valley, NE?

The median household income in Valley is $110,200, 44% 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 Valley?

The median home value in Valley is $528,100, compared with $238,600 in Nebraska.

How much is rent in Valley?

The median gross rent in Valley is $962 per month, about 30% of household income.

Is Valley, NE a good place to live?

Pluses: median household income 44% higher than the Nebraska median; unemployment of 2.1%; a poverty rate of 5.3%. Minuses: home values 121% higher than the state median; an average commute of 29 minutes.

What is the median age in Valley?

The median age in Valley is 50.2 years (Nebraska: 37.2).

How long is the commute in Valley?

The average commute to work in Valley is 29 minutes; 26.1% of workers work from home.

What is the unemployment rate in Valley?

The unemployment rate in Valley is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Valley?

51.2% of adults in Valley 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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