What is the median household income in West Point, NE?
The median household income in West Point, NE is $65,793 (±$6,720) a year (2020–2024 American Community Survey).
Paying the median gross rent of $847 a month would take about $33,900 a year at the common guideline of spending no more than 30% of income on rent.
In West Point, the median household income went from $49,020 in 2015–2019 to $65,793 in 2020–2024 (+34.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $65,793 (±$6,720)
- Median renter income
- $40,580 (±$5,062)
- Income to afford median rent
- about $33,900
Income in West Point against Cuming County, its state and the nation
| West Point | Cuming County | Nebraska | United States | |
|---|---|---|---|---|
| Median household income | $65,793 (±$6,720) | $71,104 (±$4,725) | $76,475 (±$633) | $80,734 |
| Median renter household income | $40,580 (±$5,062) | $46,382 (±$10,656) | $47,168 (±$620) | $52,966 |
| Median owner household income | $76,378 (±$18,694) | $83,115 (±$8,995) | $97,496 (±$809) | $100,009 |
| Median gross rent | $847 (±$206) | $789 (±$43) | $1,072 (±$8) | $1,413 |
In West Point, median household income is not measurably different from Cuming County ($71,104).
It is also lower than in Nebraska ($76,475).
It is lower than the national figure ($80,734).
In Cuming County, West Point ranks 11 of 17 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 436 of 753.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in West Point
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $847 a month ($10,164 a year) needs an income of about $33,900 a year.
The median renting household in West Point earns $40,580 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $49,020 (±$5,360) | $65,793 (±$6,720) | +34.2% | No measurable change after inflation |
| Median gross rent | $716 (±$55) | $847 (±$206) | +18.3% | No measurable change after inflation |
| Median home value | $116,900 (±$15,176) | $202,200 (±$64,036) | +73.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near West Point
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| West Point | — | $65,793 (±$6,720) | — |
| Sherman Township (Cuming County) | 4.1 mi | $110,000 (±$15,421) | Higher |
| Elkhorn Township (Cuming County) | 7.0 mi | $87,411 (±$18,511) | Higher |
| Logan Township (Cuming County) | 8.0 mi | $86,250 (±$835) | Higher |
| Monterey Township | 8.0 mi | $250,000 or more | — |
| Beemer | 8.3 mi | $61,667 (±$19,182) | Not measurably different |
| Neligh Township | 9.7 mi | $89,107 (±$66,113) | Not measurably different |
| Snyder | 10 mi | $87,917 (±$22,362) | Not measurably different |
| Pebble Township | 10 mi | $80,469 (±$7,124) | Higher |
Nearby places with a measurably higher figure: Sherman Township (Cuming County), NE ($110,000), Elkhorn Township (Cuming County), NE ($87,411), Logan Township (Cuming County), NE ($86,250).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Cuming County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 5 | Grant Township (Cuming County) | $96,458 (±$26,393) |
| 6 | Wisner Township | $92,083 (±$29,487) |
| 7 | Neligh Township | $89,107 (±$66,113) |
| 8 | Elkhorn Township (Cuming County) | $87,411 (±$18,511) |
| 9 | Logan Township (Cuming County) | $86,250 (±$835) |
| 10 | Lincoln Township (Cuming County) | $72,321 (±$17,435) |
| 11 | West Point | $65,793 (±$6,720) |
| 12 | Beemer Township | $62,750 (±$15,835) |
| 13 | Wisner | $61,739 (±$9,471) |
| 14 | Beemer | $61,667 (±$19,182) |
| 15 | Bancroft Township | $59,896 (±$12,892) |
| 16 | Bismark Township (Cuming County) | $59,063 (±$37,220) |
| 17 | Bancroft | $50,833 (±$16,300) |
Showing 13 of 17 places in Cuming County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about West Point
What is the median household income in West Point?
The median household income in West Point is $65,793 (±$6,720) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in West Point?
About $33,900 a year, if rent is to stay at or below 30% of income at the median gross rent of $847 a month.
Have incomes in West Point kept up with inflation?
In West Point, the median household income went from $49,020 in 2015–2019 to $65,793 in 2020–2024 (+34.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in West Point?
The median renting household in West Point, NE earns $40,580 (±$5,062) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — West Point city, Nebraska
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — West Point city, Nebraska
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — West Point city, Nebraska
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — West Point city, Nebraska
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — West Point city, Nebraska
- Median Value (B25077), 2015–2019 ACS 5-year estimates — West Point city, Nebraska
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for West Point city, Nebraska (place:52575, in state:31).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Population growth in West Point
- How long people stay in West Point
- Nebraska landlord and tenant rules
- Housing across Cuming County
- Nebraska places ranked by median household income
- Housing data for every place in Nebraska