34 / 100

Lancaster County, NE

RANK #655 / 1001 NAT  ·  POP 326,696

1YR FORECAST: +1.4%

5YR OUTLOOK: +26%

Our model projects Lancaster County's housing market at +1.4% over the next year, underperforming most U.S. counties.

[01] Why Lancaster County?

Lancaster County, Nebraska, stands out for its unique saline wetlands, a rare ecosystem stretching along Salt Creek north of Lincoln. This east-central Nebraska county, home to the state capital, Lincoln, offers a blend of urban amenities and rural landscapes. Commuting within the county is generally efficient, with an average travel time of 19 minutes, and public transit options are available, including door-to-door rural transportation. The community provides extensive outdoor recreation, from hiking and biking on trails like the MoPac East and Oak Creek Trails to water activities at Branched Oak Lake.

Life in Lancaster County appeals to a mix of families and young professionals, many of whom own their homes. The public school system, including Lincoln Public Schools and Norris School District, is highly rated. The economy is diverse, with agriculture remaining a significant sector, particularly in the outer towns like Denton and Hallam, which feature grain elevators. Beyond agriculture, the county sees ongoing investment in infrastructure and technology, reflecting a broader economic evolution.

MARKET PROFILE

Educated Suburban Growth

Lancaster County is one of 110 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +4.2% runs above the profile's typical +2.4%.

See all 110 Educated Suburban Growth counties →

[02] Market Snapshot

Housing Ratio
8.3x

Overvalued relative to economy

Home Prices
+4.2%

Outpacing national median

Climate & Terrain
-2.5

Below-average climate & terrain

Price/Rent
17x

Above national median (15x)

Housing looks overvalued at 8.3x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Lincoln Public Schools Education
    5,000+
  2. 2
    State of Nebraska Government
  3. 3
    University of Nebraska Education
  4. 4
    BryanLGH Medical Center Healthcare
    2,500+
  5. 5
    City of Lincoln Government
    1,000+
  6. 6
    Nelnet Inc. Finance
  7. 7
    Kawasaki Motors Manufacturing Corp. USA Manufacturing
  8. 8
    Lancaster County Government
  9. 9
    Madonna Rehabilitation Hospital Healthcare
  10. 10
    Molex Inc. Manufacturing

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

[04] Home Value Growth vs National

Lancaster County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
326,696
+0.93% YoY
Median Household Income
$74,793
Median Home Value
$275,200
+4.16% 12mo
Median Rent
$1,085
Average Annual Pay
$61,531
+3.7% YoY
Employment
176,915
+0.9% YoY
Income-to-Home-Value
0.2718
More affordable than average
Migration Inflow
3.4%
of pop. from another state
Bachelor's Degree+
41.9%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$324,800
Days on Market
20
Active market
Months of Supply
1.4
Seller's market
Sale-to-List Ratio
101.4%
Homes selling above asking
Sold Above List
62.2%
Listings w/ Price Drops
27.4%
Building Permits (2025)
2,346
Single-Family Permits
970

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

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.4
per 100K · nat avg 6.3
Firearm Fatalities
8.3
per 100K · nat avg 14.8
Injury Deaths
53.8
per 100K · nat avg 76.3
vs National Average
Well below national avg
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] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
38.7
Good
Good Air Days
84%
701 of 836 days
Unhealthy+ Days (3yr)
3
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
37
2022
37
2023
42
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$3,476M
TOTAL
PROJECT AMOUNT STATUS
Sheldon Station Expansion (Princeton Road Station Project)
Nebraska Public Power District (NPPD)
$1,500M Planned
Panama Energy Center (Solar & Battery Storage)
NextEra Energy Resources, LLC (subsidiary)
$599M Proposed
Google Lincoln Hyperscale Campus - Phase 1
Google
$500M Planned
Lancaster Battery/Storage (Combined Projects)
Sophos Power
$450M Planned
Salt Creek Solar Project
Ranger Power
$230M Approved
Missouri River Water Pipeline
Lancaster County
$197M In Development

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

[08] Score Breakdown

Population Growth +0.9% 64 percentile
Income Growth +3.0% 56 percentile
Vacancy Rate 0.8% 66 percentile
Home Price Change +4.2% 79 percentile
Rent Growth +2.2% 39 percentile
Price/Rent 17x 31 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

At 34/100, Lancaster County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $74,793 combined with job growth of +0.9% suggests the local economy is struggling to keep pace with national trends.

Is Lancaster County affordable?

Housing in Lancaster County is roughly in line with national affordability norms. The median home costs $275,200 and the income-to-home-value ratio sits at 0.27, with rents averaging $1,085/month. Not a bargain, but not a stretch for most local earners either.

Is Lancaster County growing or shrinking?

Lancaster County's population is growing — up +0.9% YoY — while the job market is roughly flat (employment change of +0.9%). Home values shifted +4.2% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Lancaster County?

There's a moderate stream of newcomers. About 3.4% of residents moved from another state, which is above average and suggests Lancaster County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Douglas County, NE 39 Sarpy County, NE 20 Hall County, NE 52 Buffalo County, NE 86 Westmoreland County, PA 34 Chesterfield County, VA 34 Hillsborough County, NH 34 Benton County, AR 33