Cedar Rapids, NE
Population 484 · Nebraska
About Cedar Rapids, NE
Cedar Rapids is a small community located in Nebraska with a population of 484 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,125 per year, which is 33% below the national median of $75,149. The median age of 38.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Cedar Rapids features a median home value of $77,800, which is 68% below the national median of $244,900. This makes Cedar Rapids one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $729, 37% below the national average of $1,163/month. Of the 228 total housing units, 91% are owner-occupied (175 units) and 9% are renter-occupied (18 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cedar Rapids shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 14.9%, above the national average of 12.4%. Workers in Cedar Rapids have an average one-way commute time of 28.1 minutes.
Education & Demographics
14.4% of Cedar Rapids residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 6.4% White, 9.1% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 2.7% of the population being foreign-born.
Cost of Living in Cedar Rapids, NE
Compared to national averages, Cedar Rapids has a median household income of $50,125 (33% below the national median of $75,149). Home values average $77,800, which is 68% below the national median. Monthly rent at $729 is 37% below the US average of $1,163. Within Nebraska, Cedar Rapids's income is 24% below the state average of $65,895, and home values are 38% below the state median of $125,824.
Why Live in Cedar Rapids, NE?
Cedar Rapids offers affordable housing with a median home value of $77,800, below the US average of $244,900, and rent that’s lower than the national average at $729/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($50,125) that falls below the national average. However, Cedar Rapids’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cedar Rapids has a population of 484 with a median age of 38.8 years. Compare Cedar Rapids with other cities to see how it stacks up, or explore all cities in Nebraska.
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Economy & Education
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Cedar Rapids
What is the population of Cedar Rapids, NE?
The population of Cedar Rapids, NE is 484 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Nebraska.
What is the median household income in Cedar Rapids?
The median household income in Cedar Rapids, NE is $50,125 per year, which is 33% below the national median of $75,149.
What is the median home value in Cedar Rapids?
The median home value in Cedar Rapids, NE is $77,800, which is 68% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cedar Rapids?
The median monthly rent in Cedar Rapids, NE is $729, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Cedar Rapids?
The unemployment rate in Cedar Rapids, NE is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Cedar Rapids, NE a good place to live?
Cedar Rapids offers a moderate cost of living, affordable housing, and a strong job market. With a population of 484 and a median age of 38.8, the city appeals to a broad range of residents.
How educated is Cedar Rapids, NE?
14.4% of residents in Cedar Rapids aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Cedar Rapids?
Key cost-of-living indicators for Cedar Rapids, NE: median home value is $77,800 (68% below national), median rent is $729/month, and median household income is $50,125. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cedar Rapids?
The poverty rate in Cedar Rapids, NE is 14.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Cedar Rapids, NE?
Cedar Rapids's population is 6.4% White, 9.1% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 0.2% two or more races. 2.7% of residents are foreign-born.