87 / 100

Buffalo County, NE

Precinct 13

RANK #128 / 996 NAT  ·  POP 50,103

1YR FORECAST: +4.9%

5YR OUTLOOK: +34%

Our model projects Buffalo County's housing market to grow +4.9% over the next year, significantly outpacing the national average.

[01] Why Buffalo County?

The Great Platte River Road Archway Monument, spanning Interstate 80 in Kearney, is a distinctive landmark in Buffalo County, Nebraska, commemorating westward expansion. Located in south-central Nebraska, Kearney, the county seat, is approximately 130 miles west of Lincoln. The community offers a blend of small-town charm and access to amenities typically found in larger cities. Residents have access to various outdoor recreation opportunities, including kayaking on the Kearney Water Trail, exploring numerous city parks, and observing the Sandhill crane migration at Fort Kearny State Recreation Area.

Life in Buffalo County is characterized by a strong sense of community and a focus on quality of life, with public schools consistently ranking above average. The economy is diverse, with agriculture playing a foundational role. The University of Nebraska at Kearney is a significant economic driver, attracting new residents and contributing to a skilled workforce. Recent economic developments include investments in technology infrastructure, such as data centers, which are contributing to the county's growth. Commute times are generally favorable, and public transportation options like RYDE Transit offer demand-responsive services within Kearney and scheduled routes to other towns in the county.

[02] Market Snapshot

Housing Ratio
3.0x

Undervalued relative to economy

GDP Growth
+0.4%

Well below national median

Home Prices
+5.6%

Outpacing national median

Climate & Terrain
0.0

Moderate climate & terrain

Price/Rent
12x

Strong rental yield

Housing looks undervalued at 3.0x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    CHI Health Good Samaritan Healthcare
    1,000+
  2. 2
    University of Nebraska - Kearney Education
  3. 3
    Parker Hannifin (Baldwin Filters) Manufacturing
  4. 4
    Kearney Public Schools Education
    500+
  5. 5
    The Buckle Retail
  6. 6
    Kearney Regional Medical Center Healthcare
  7. 7
    Hy-Vee Retail
  8. 8
    Cash-Wa Distributing Logistics
  9. 9
    Eaton Corporation Manufacturing
  10. 10
    American Foods Group (Gibbon Pack) Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Buffalo County U.S. National

The Numbers

DEMOGRAPHICS
Population
50,103
+0.53% YoY
Median Household Income
$70,093
Median Home Value
$218,600
+5.62% 12mo
Median Rent
$885
Average Annual Pay
$51,993
+2.2% YoY
Employment
28,148
+1.2% YoY
Income-to-Home-Value
0.3206
More affordable than average
Migration Inflow
6.2%
of pop. from another state
Bachelor's Degree+
35.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$298,506
Days on Market
34
Active market
Months of Supply
1.9
Seller's market
Sale-to-List Ratio
101.8%
Homes selling above asking
Sold Above List
53.6%
Listings w/ Price Drops
26.4%
Building Permits (2024)
127
Single-Family Permits
119

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B+
SAFETY
GRADE
Firearm Fatalities
6.0
per 100K · nat avg 14.8
Injury Deaths
46.3
per 100K · nat avg 76.3
vs National Average
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$1,250M
TOTAL
PROJECT AMOUNT STATUS
Compute North Data Center Expansion
Compute North
$700M Operating
Sequitor Edge Kearney Data Center
Sequitor Edge
$500M Planned
Shamrock Data LLC Data Center
Shamrock Data LLC
$50M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

GDP Growth +0.4% 11 percentile
Population Growth +0.5% 54 percentile
Income Growth +6.5% 12 percentile
Vacancy Rate 0.8% 70 percentile
Home Price Change +5.6% 93 percentile
Rent Growth +7.2% 91 percentile
Price/Rent 12x 71 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

Is Buffalo County, NE a good place to move to?

Buffalo County ranks #128 out of 996 U.S. counties on the Boom Town Index with a score of 87/100, putting it in the top tier nationally. Job growth of +1.2% and a median household income of $70,093 point to a county with active economic momentum.

Is Buffalo County affordable?

Housing in Buffalo County is roughly in line with national affordability norms. The median home costs $218,600 and the income-to-home-value ratio sits at 0.32, with rents averaging $885/month. Not a bargain, but not a stretch for most local earners either.

Is Buffalo County growing or shrinking?

Buffalo County is growing on multiple fronts. Population is up +0.5% year-over-year while employers added jobs at a +1.2% clip — and home values reflect that momentum, rising +5.6% over the past 12 months.

Are people moving to Buffalo County?

In significant numbers — 6.2% of Buffalo County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

How is the housing market in Buffalo County?

Home values climbed +5.6% year-over-year, which is a solid pace of appreciation. The median home in Buffalo County is now valued at $218,600. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[09] Similar Counties by Size & Score

Lancaster County, NE 66 Hall County, NE 66 Douglas County, NE 58 Sarpy County, NE 52 Iberia Parish, LA 87 Columbus County, NC 86 Box Elder County, UT 88 Huron County, OH 86