Thomas County, Nebraska Housing Market
In Thomas County, Nebraska, the median home value is $109,200, with a median monthly rent of $638. This places Thomas County at #2807 nationally out of 3134 counties by median home value, and #82 within Nebraska.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $795
- Establishments: 28
- BLS QCEW, 2025
Housing Supply
- Single-family: 1
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 261 (avg $56,126)
- Outflow: 240 (avg $58,508)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Thomas County Compares
| Metric | Thomas County | Nebraska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $109,200 | $164,635 | $227,706 |
| Median Gross Rent | $638 | $796 | $968 |
| Owner Occupancy Rate | 68.1% | 74.0% | 73.3% |
| Price/Rent Ratio | 14.3 | 17.2 | 18.7 |
Market Analysis
The median home value in Thomas County is 33.7% below the Nebraska state average and 52.0% below the U.S. national average. The median rent of $638/month is 19.8% below the state average.
With a price-to-rent ratio of 14.3, buying a home in Thomas County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Thomas County has an owner-occupancy rate of 68.1%, compared to 74.0% in Nebraska and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Iron County | Michigan | $109,100 | $716 |
| Greer County | Oklahoma | $109,100 | $681 |
| Runnels County | Texas | $109,300 | $847 |
| Clay County | West Virginia | $109,100 | $651 |
| Mississippi County | Missouri | $109,000 | $762 |
Other Counties in Nebraska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Kimball County | $109,400 | $846 | 75.2% |
| Keya Paha County | $108,800 | $875 | 80.8% |
| Garden County | $110,400 | $700 | 78.7% |
| Sheridan County | $113,400 | $738 | 74.1% |
| Brown County | $113,900 | $876 | 74.2% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).