Nebraska · Census, HUD and BEA figures · Updated

Cost of Living in Banner County, NE

Prices around Banner County, NE run 9.9% below the U.S. average (BEA, Nebraska). The typical household there earns $78,839 a year, and HUD puts a two-bedroom at $961 a month. Keeping that rent under 30% of income takes about $38,440 a year.

Banner County, NE at a glance

Median household income

$78,839$6,570 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$961HUD FY2026 Fair Market Rent
Price level (U.S. = 100)90.1-9.9% · BEA, Nebraska
Electricity13.3¢per kWh · EIA Residential NE
Population742Census ACS 5-year estimate

How much rent can you afford in Banner County, NE?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$961Monthly market rent
Share of gross income14.6%Recommended max: 30%
Annual income needed$38,440To meet the 30% standard
Max affordable rent$1,971At 30% of $78,839
0%30% (Affordability standard)100%
Compare against:

How much is rent in Banner County, NE? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Banner County, NE, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Banner County, NE, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$666$7,992$26,64010.1%
1-Bedroom Apartment$732$8,784$29,28011.1%
2-Bedroom ApartmentBenchmark$961$11,532$38,44014.6%
3-Bedroom Home$1,187$14,244$47,48018.1%
4-Bedroom Home$1,284$15,408$51,36019.5%

Rent in Banner County, NE, with the wage each unit needs →

What a typical income covers in Banner County, NE

The 50/30/20 rule applied to the local median of $78,839 a year ($6,570 a month before tax).

Needs (50%)$3,285/moRent ($961 2-BR), utilities (~$119/mo), groceries, transit
Wants (30%)$1,971/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,314/moEmergency fund, retirement, paying down loans

What $78,839 leaves after Nebraska taxes

Federal income tax, Social Security, Medicare and Nebraska tax on the local median income. Change the salary to see yours.

$78,839
$30,000$160,000
Filing status:
Gross salary breakdown$78,839
Net 78%
Fed 11%
NE 3%
FICA 8%
Annual take-home$61,586After all taxes
Monthly deposit$5,132Estimated per month
Biweekly paycheck$2,369Every 2 weeks (26/yr)
Effective tax rate21.9%Total tax burden
Federal income tax$8,515 / yr
Nebraska state income tax$2,708 / yr
FICA (Social Security & Medicare)$6,031 / yr

Living in Banner County, NE: common questions

What is the median household income in Banner County, NE?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Banner County, NE is $78,839 per year (approximately $6,570 per month).

What is the average rent in Banner County, NE?

The closest official figure is HUD's Fair Market Rent for 2026: $666 for a studio, $732 for one bedroom, $961 for two, $1,187 for three and $1,284 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Banner County, NE expensive to live in?

Prices there run 9.9% below the U.S. average. BEA's regional price parity for Nebraska is 90.1, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Banner County, NE?

To keep a $961 two-bedroom under 30% of gross income, a household needs about $38,440 a year, or $3,203 a month. That is 49% of what the typical household in Banner County, NE earns.

How much do you need to live comfortably in Banner County, NE?

On the local median income of $78,839 ($6,570 a month before tax), the 50/30/20 rule leaves $3,285 a month for needs like rent, utilities and groceries, $1,971 for everything else and $1,314 for savings or debt. A two-bedroom at $961 takes 29% of the needs share.

How much is the electric bill in Banner County, NE?

Homes in Nebraska paid 13.3¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $119. Your bill depends mostly on heating and cooling.