Living in Valparaiso, Nebraska
Cost of living, income, home prices, rent and demographics of Valparaiso · Census data 2020–2024
Valparaiso has 524 residents with a median age of 41. The median household income is $85,625 (12% higher than the Nebraska median), the median home value is $230,400, the median rent is $931/month.
Valparaiso is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Valparaiso at a glance
- Population
- 524
- Median age
- 41State: 37.2
- Median household income
- $85,625State: $76,475
- Median home value
- $230,400State: $238,600
- Median rent
- $931/moState: $1,072
- Homeowners
- 83.8%
- Bachelor's degree or higher
- 20.4%
- Average commute
- 32 min
Is Valparaiso a good place to live?
Pros: Median household income 12% higher than the Nebraska median; home values 3% lower than the state median; unemployment of 1%; a poverty rate of 5%.
Cons: An average commute of 32 minutes.
The weather is best in May–June and August–September.
Cost of living in Valparaiso
Housing is the biggest part of the cost of living. In Valparaiso the median home value is $230,400, 31% lower than the U.S. median. Renters pay a median of $931 per month, which is 21.6% of household income. Homeowners with a mortgage pay $1,581 a month in housing costs.
Valparaiso median household income
The median household income in Valparaiso is $85,625 and the income per person is $39,782. 5% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Valparaiso: homes for sale and rent
- Housing units
- 258
- Owner-occupied
- 83.8%
- Renter-occupied
- 16.2%
- Vacant
- 9.3%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.24
Valparaiso demographics
- Population
- 524
- Median age
- 41
- Under 18
- 16.4%
- 65 and older
- 21.2%
- Households
- 234
- Foreign-born
- 1.1%
- Veterans
- 8.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Valparaiso ›
Education in Valparaiso
20.4% of adults 25 and older in Valparaiso have a bachelor's degree or higher (Nebraska: 34.6%), and 6% have a graduate or professional degree.
Jobs and commute in Valparaiso
- Unemployment rate
- 1%State: 3%
- Average commute
- 32 minState: 19 min
- Work from home
- 6.3%
- Drive alone
- 81.8%
- Public transit
- 0.7%
- Walk to work
- 5.6%
- Homes with broadband
- 83.8%
Valparaiso vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Valparaiso | 524 | $85,625 | $230,400 | $931 |
| Raymond | 187 | $99,107 | $193,300 | $770 |
| Weston | 256 | $66,250 | $163,300 | $1,143 |
| Dwight | 230 | $71,042 | $154,600 | $440 |
| Ceresco | 1,225 | $96,944 | $210,600 | $1,014 |
| Davey | 117 | $109,375 | $230,700 | — |
| Brainard | 303 | $68,750 | $172,800 | $756 |
| Malcolm | 480 | $85,625 | $263,200 | $911 |
| Garland | 180 | $51,979 | $185,000 | — |
More for people moving to Valparaiso
Valparaiso ZIP code ›Weather and climate ›Living in Valparaiso: FAQ
What is the median household income in Valparaiso, NE?
The median household income in Valparaiso is $85,625, 12% 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 Valparaiso?
The median home value in Valparaiso is $230,400, compared with $238,600 in Nebraska.
How much is rent in Valparaiso?
The median gross rent in Valparaiso is $931 per month, about 21.6% of household income.
Is Valparaiso, NE a good place to live?
Pluses: median household income 12% higher than the Nebraska median; home values 3% lower than the state median; unemployment of 1%; a poverty rate of 5%. Minuses: an average commute of 32 minutes.
What is the median age in Valparaiso?
The median age in Valparaiso is 41 years (Nebraska: 37.2).
How long is the commute in Valparaiso?
The average commute to work in Valparaiso is 32 minutes; 6.3% of workers work from home.
What is the unemployment rate in Valparaiso?
The unemployment rate in Valparaiso is 1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Valparaiso?
20.4% of adults in Valparaiso 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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