Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ericson area can be challenging. Home prices in Ericson are now at a median cost of $103,156, lower than the Nebraska average of $188,542.
The average cost of rent is $499/mo in Ericson, primarily driven by the current value of real estate in the Ericson area. While nearly 72.19% of residents own their homes outright in Ericson, 22.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ericson is $4,489 per month. Households that rent pay about 11.13% of their income on rent here. Ericson's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Bartlett, NE: less expensive homes
- Elyria, NE: higher priced homes
- Ord, NE: higher priced homes
- Greeley, NE: less expensive homes
- Spalding, NE: less expensive homes
- Greeley Center, NE: less expensive homes
- Scotia, NE: less expensive homes
- North Loup, NE: higher priced homes
- Burwell, NE: higher priced homes
- Primrose, NE: equally priced homes
Cities with Similar Populations
- Biardstown, TX: equally priced homes
- Wolco, OK: higher priced homes
- Stratford, SD: higher priced homes
- Blodgett Mills, NY: higher priced homes
- Womac, IL: higher priced homes
- Wood, NC: equally priced homes
- Bigbee, AL: higher priced homes
- Big Flat, AR: equally priced homes
- Biehle, MO: higher priced homes
- Wilno, MN: higher priced homes
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