Thedford, NE
Population 215 · Nebraska
About Thedford, NE
Thedford is a small community located in Nebraska with a population of 215 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,867 per year, which is 2% below the national median of $75,149. The median age of 31.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Thedford features a median home value of $78,800, which is 68% below the national median of $244,900. This makes Thedford one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $680, 42% below the national average of $1,163/month. Of the 154 total housing units, 69% are owner-occupied (92 units) and 31% are renter-occupied (41 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Thedford shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Thedford have an average one-way commute time of 9.5 minutes, one of the shorter commutes in the region.
Education & Demographics
23.6% of Thedford residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 18.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Thedford, NE
Compared to national averages, Thedford has a median household income of $73,867 (2% below the national median of $75,149). Home values average $78,800, which is 68% below the national median. Monthly rent at $680 is 42% below the US average of $1,163. Within Nebraska, Thedford's income is 12% above the state average of $65,895, and home values are 37% below the state median of $125,824.
Why Live in Thedford, NE?
Thedford offers affordable housing with a median home value of $78,800, below the US average of $244,900, and rent that’s lower than the national average at $680/month, and a strong job market with an unemployment rate of just 2.5%. Additionally, the city features a low poverty rate of 5.6%, better than the national average, and short commute times averaging just 9.5 minutes.
Potential considerations include median household income ($73,867) that falls below the national average. However, Thedford’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Thedford has a population of 215 with a median age of 31.6 years. Compare Thedford with other cities to see how it stacks up, or explore all cities in Nebraska.
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Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Thedford
What is the population of Thedford, NE?
The population of Thedford, NE is 215 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 Thedford?
The median household income in Thedford, NE is $73,867 per year, which is 2% below the national median of $75,149.
What is the median home value in Thedford?
The median home value in Thedford, NE is $78,800, which is 68% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Thedford?
The median monthly rent in Thedford, NE is $680, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Thedford?
The unemployment rate in Thedford, NE is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Thedford, NE a good place to live?
Thedford offers a moderate cost of living, affordable housing, and a strong job market. With a population of 215 and a median age of 31.6, the city appeals to young professionals and families.
How educated is Thedford, NE?
23.6% of residents in Thedford 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 Thedford?
Key cost-of-living indicators for Thedford, NE: median home value is $78,800 (68% below national), median rent is $680/month, and median household income is $73,867. The home-value-to-income ratio is 1.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Thedford?
The poverty rate in Thedford, NE is 5.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Thedford, NE?
Thedford's population is 0.0% White, 18.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.