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NE area data

Cedar Rapids, NE

Cedar Rapids, NE.

Population: 802 (Census ACS)

Home values & appreciation

Median home value
$247,235
1-year appreciation
+2.2%
3-year appreciation
+17.8%
5-year appreciation
+30.6%
10-year appreciation
+81.5%
All-time peak (2026-07)
$247,235
House Price Index
431.4 (+2.1% YoY)

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
12.3¢/kWh
Natural gas rate (state-level)
$11.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
hail, drought, iceStorm, strongWind, winterWeather

Climate (30-year normals)

Annual precipitation
28.0 in

Amenities

Nearest airport
Albion Municipal Airport (13 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
+10 tax filers

Housing stock

Median year housing built
1,962
Median annual property tax
$1,088
Mean commute to work
22 min
Households with broadband internet
66.8%

Employment & development

Total county employment
1,740
Average weekly wage
$955
Top industries (by employment)
Agriculture, Wholesale Trade, Health Care
Annual residential building permits (county)
15

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents