Cost of Living in Ord
Ord's cost of living centers on genuinely, dramatically affordable housing and rent, offset by a real, disclosed high property tax rate.
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Learn moreGenuinely, dramatically affordable housing
Ownwell's cited $97,475 Valley-County-specific median home value runs well below the ~$408,776 national median -- a real, substantial affordability advantage even among this project's already-affordable Nebraska markets (base record).
Genuinely affordable rent
Ord's median rent was cited at approximately $650/month, alongside a homeownership rate of approximately 74% (base record).
A genuinely high property tax rate
Ownwell's cited 1.81% effective property tax rate runs well above the national median (~0.99%-1.02%), with a median annual bill of approximately $1,688 (base record).
Nebraska's real 4.55% top income tax rate
Nebraska's real, current 6-bracket-scheduled 2026 income tax (topping at 4.55%, falling to 3.99% by 2027) applies in Ord as statewide, with a full Social Security exemption -- relevant given Ord's above-average retiree population (base record).
Key takeaways
- Ord's housing runs dramatically affordable: Ownwell's cited $97,475 median home value.
- Rent averages approximately $650/month, with a ~74% homeownership rate.
- Ord's 1.81% effective property tax rate runs well above the national median.
- Nebraska's 4.55% top income tax rate and full Social Security exemption apply statewide.
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