Nebraska · Census, HUD and BEA figures · Updated

Cost of Living in Sheridan County, NE

Prices around Sheridan County, NE run 9.9% below the U.S. average (BEA, Nebraska). The typical household there earns $60,121 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.

Sheridan County, NE at a glance

Median household income

$60,121$5,010 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
Population5,014Census ACS 5-year estimate

How much rent can you afford in Sheridan 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 income19.2%Recommended max: 30%
Annual income needed$38,440To meet the 30% standard
Max affordable rent$1,503At 30% of $60,121
0%30% (Affordability standard)100%
Compare against:

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

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

HUD Fair Market Rent in Sheridan County, NE, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$666$7,992$26,64013.3%
1-Bedroom Apartment$732$8,784$29,28014.6%
2-Bedroom ApartmentBenchmark$961$11,532$38,44019.2%
3-Bedroom Home$1,152$13,824$46,08023%
4-Bedroom Home$1,497$17,964$59,88029.9%

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

What a typical income covers in Sheridan County, NE

The 50/30/20 rule applied to the local median of $60,121 a year ($5,010 a month before tax).

Needs (50%)$2,505/moRent ($961 2-BR), utilities (~$119/mo), groceries, transit
Wants (30%)$1,503/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,002/moEmergency fund, retirement, paying down loans

What $60,121 leaves after Nebraska taxes

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

$60,121
$20,000$125,000
Filing status:
Gross salary breakdown$60,121
Net 81%
Fed 8%
NE 3%
FICA 8%
Annual take-home$48,631After all taxes
Monthly deposit$4,053Estimated per month
Biweekly paycheck$1,870Every 2 weeks (26/yr)
Effective tax rate19.1%Total tax burden
Federal income tax$5,035 / yr
Nebraska state income tax$1,856 / yr
FICA (Social Security & Medicare)$4,599 / yr

Living in Sheridan County, NE: common questions

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

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Sheridan County, NE is $60,121 per year (approximately $5,010 per month).

What is the average rent in Sheridan 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, $1,152 for three and $1,497 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 Sheridan 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 Sheridan 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 64% of what the typical household in Sheridan County, NE earns.

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

On the local median income of $60,121 ($5,010 a month before tax), the 50/30/20 rule leaves $2,505 a month for needs like rent, utilities and groceries, $1,503 for everything else and $1,002 for savings or debt. A two-bedroom at $961 takes 38% of the needs share.

How much is the electric bill in Sheridan 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.