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Buffalo County, NE

RANK #101 / 996  ·  POP 50,103  ·  NE

PROJECTED GROWTH: +2.9%

Buffalo County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Buffalo County?

The Great Platte River Road Archway Monument, spanning Interstate 80 in Kearney, is a distinctive landmark in Buffalo County, Nebraska, commemorating westward expansion. Located in south-central Nebraska, Kearney, the county seat, is approximately 130 miles west of Lincoln. The community offers a blend of small-town charm and access to amenities typically found in larger cities. Residents have access to various outdoor recreation opportunities, including kayaking on the Kearney Water Trail, exploring numerous city parks, and observing the Sandhill crane migration at Fort Kearny State Recreation Area.

Life in Buffalo County is characterized by a strong sense of community and a focus on quality of life, with public schools consistently ranking above average. The economy is diverse, with agriculture playing a foundational role. The University of Nebraska at Kearney is a significant economic driver, attracting new residents and contributing to a skilled workforce. Recent economic developments include investments in technology infrastructure, such as data centers, which are contributing to the county's growth. Commute times are generally favorable, and public transportation options like RYDE Transit offer demand-responsive services within Kearney and scheduled routes to other towns in the county.

[02] Market Snapshot

Housing Ratio
3.0x

Undervalued relative to economy

GDP Growth
+0.4%

Well below national median

Home Prices
+5.6%

Outpacing national median

Climate & Terrain
0.0

Moderate climate & terrain

Price/Rent
12x

Strong rental yield

Housing looks undervalued at 3.0x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Buffalo County U.S. National

The Numbers

DEMOGRAPHICS
Population
50,103
+0.53% YoY
Median Household Income
$70,093
Median Home Value
$218,600
+5.62% 12mo
Median Rent
$885
Average Annual Pay
$51,993
+2.2% YoY
Employment
28,148
+1.2% YoY
Income-to-Home-Value
0.3206
More affordable than average
Migration Inflow
6.2%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$298,506
Days on Market
34
Active market
Months of Supply
1.9
Seller's market
Sale-to-List Ratio
101.8%
Homes selling above asking
Sold Above List
53.6%
Listings w/ Price Drops
26.4%
Building Permits (2024)
127
Single-Family Permits
119

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

[05] Capital Investment

$1,250M
TOTAL
PROJECT AMOUNT STATUS
Compute North Data Center Expansion
Compute North
$700M Operating
Sequitor Edge Kearney Data Center
Sequitor Edge
$500M Planned
Shamrock Data LLC Data Center
Shamrock Data LLC
$50M Proposed

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

[06] Score Breakdown

GDP Growth +0.4% 11 percentile
Population Growth +0.5% 54 percentile
Income Growth +6.5% 12 percentile
Vacancy Rate 0.8% 70 percentile
Home Price Change +5.6% 93 percentile
Rent Growth +7.2% 91 percentile
Price/Rent 12x 71 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Buffalo County has a Boom Town Index score of 90/100, ranking #101 among 996 U.S. counties. With job growth at +1.2% and a median household income of $70,093, it's an above-average county on economic indicators.

Is Buffalo County affordable?

The median home value in Buffalo County is $218,600 with median rent at $885/month. The income-to-home-value ratio is 0.3206, which is more affordable than the national average.

Is Buffalo County growing or shrinking?

Population growth: +0.5% year-over-year. Job growth: +1.2%. Home values changed +5.6% in the past 12 months.

Are people moving to Buffalo County?

Yes — 6.2% of Buffalo County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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