Counties / Nebraska / Gosper County

Gosper County, NE

FIPS 31073 · population 2,040 · part of Lexington, NE

$334k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$334k
▼ 0.4% year over year
Zillow ZHVI · direct
ACS median gross rent
$664
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$961
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

One annual series is unavailable
FHFA five-year cumulativen/anot annualized · through n/a
0%ZILLOW ZHVI2026-06−0.4%FHFA HPIperiod n/an/a
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$229k
Surveyed gross rent$664
Rent burden 30%+19.6%
Median year built1973
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
31.0%vacant
1,212estimated housing units
Occupied tenure19.0% renter
owner 81.0%renter 19.0%
Structure mix88.9% single-family
Single-family 88.9%20+ units 0.0%Mobile home 8.9%Other 2.2%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs426▼ 5.8% from the prior annual release
Covered establishments76annual average reporting locations
Average weekly wage$992▲ 1.3% from the prior annual release
Largest private supersectorTrade, transportation, and utilities32.1% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−5.8%WEEKLY WAGE+1.3%Trade, transportation, and utilities32.1%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Gosper County presents a cautious small-market underwriting tension: Zillow’s county median home value was $333,648 in June 2026 after a 0.44% year-over-year decline, while local covered employment weakened. Investors should investigate only with property-level rent, insurance and liquidity evidence; those relying on stable income or easy resale should be cautious. No FHFA annual observation is published, so a repeat-transaction appreciation index cannot confirm or challenge Zillow’s direction.

02Housing economics

County market asking rent is not published. HUD’s two-bedroom Fair Market Rent of $961 is a payment standard, not observed asking rent, and cannot calculate gross yield. The 1.05% effective property-tax rate and $2,403 median annual tax provide carrying-cost inputs, but do not establish rent coverage. Modeled annual climate loss of building value is 0.19%, consistent with the inland-flood hazard; it is not parcel-specific insurance pricing.

03Demand & competition

QCEW reports 426 annual average covered jobs at county workplaces, down 5.75% from the prior annual average; its average weekly wage is a covered-worker average, not resident earnings. Trade, transportation, and utilities accounts for 32.06% of disclosed private covered employment, material concentration without describing the entire economy. Tax-return migration was negative 4 households, and inbound movers’ average AGI was $7,407 lower than outbound movers’. One of 22 purchase mortgages went to non-occupants, a 4.55% investor share. This indicates limited measured investor participation, not proof of buyer demand.

04Risk & next checks

Realtor.com listing price, active listings, days on market, price-reduced share and pending ratio are not published, preventing an assessment of visible MLS supply, marketing time, seller concessions or buyer conversion. Obtain property-level asking rent, lease terms, vacancy, flood-zone and insurance terms, tax assessment and transaction comparables before judging debt coverage or exit liquidity. County aggregates cannot establish conditions for an individual parcel, nor whether a specific asset is financeable.

Cities & communities

Where people live within Gosper County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Elwood village534Smithfield village108
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

2 Census places

Population
  1. 01
    Elwood villageIncorporated place
    534
  2. 02
    Smithfield villageIncorporated place
    108

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.187% of building value expected lost per year

Effective property tax1.05%

$2,403 median annual bill

02
DemandIRS SOI household flows
Net migration-4

44 in · 48 out

Arriving vs leaving income−$7,407

$78,614 arriving · $86,021 leaving

03
CompetitionHMDA financed purchases
Purchases by investors4.5%

1 of 22 mortgages

investorother financed
No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; for a rent figure, the Lexington, NE page covers the wider market.
Same metro

The other counties in Lexington, NE

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Gosper County2,040$334kn/an/ainland flooding
Dawson County24,202$209k$1,3087.5%inland flooding
Bear case

What can break the county thesis

  1. Unpublished market rent and vacancy conditions could materially change income coverage.
  2. Parcel flood exposure, insurance availability and repair history may diverge from county-level modeled loss.
  3. Unpublished MLS supply and transaction evidence could reveal different exit liquidity than the county value measure.
Underwriting questions

Before pricing a property

Can gross yield be calculated from this record?

No. County market asking rent is not published, and HUD Fair Market Rent is not a substitute for observed asking rent.

What employment series is reported?

QCEW annual average covered jobs located at county workplaces; it is not resident employment, unemployment or a forecast.

Does the record show MLS supply and marketing-time evidence?

No. Realtor.com listing, inventory, days-on-market, reduction and pending-ratio figures are not published.