Counties / Nebraska / Rock County

Rock County, NE

FIPS 31149 · population 1,319 · outside every metro area

$142k
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
$142k
▼ 0.2% year over year
Zillow ZHVI · direct
ACS median gross rent
$644
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 ZHVI2026-06−0.2%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$118k
Surveyed gross rent$644
Rent burden 30%+25.0%
Median year built1968
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
25.8%vacant
809estimated housing units
Occupied tenure30.7% renter
owner 69.3%renter 30.7%
Structure mix87.9% single-family
Single-family 87.9%20+ units 0.6%Mobile home 6.7%Other 4.8%
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 jobs462▲ 0.2% from the prior annual release
Covered establishments60annual average reporting locations
Average weekly wage$906▲ 5.0% from the prior annual release
Largest private supersectorTrade, transportation, and utilities54.7% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+0.2%WEEKLY WAGE+5.0%Trade, transportation, and utilities54.7%
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

Rock County presents a low-dollar entry point but an underwriting-information problem, not a demonstrated income case. Zillow's county median home value is $142,315, with a reported year-over-year change of -0.19%. The decision tension is a modest acquisition basis against limited evidence that a specific property can deliver dependable cash flow or exit liquidity. Investors able to verify property rent, flood exposure and transaction comparables should investigate; those requiring market-level yield evidence or a quick resale case should be cautious.

02Housing economics

Measured market rent is not published, so gross yield cannot be computed. HUD's two-bedroom FMR is $961 per month, but it is a payment standard rather than an estimate of asking rent and cannot fill that gap. The supplied effective property-tax rate is 1.07%, with median annual tax of $1,262; these are carrying-cost inputs, but they do not establish operating expenses or asset-level taxes. The value measure and tax data support screening acquisition basis, not a rent-to-price conclusion.

03Demand & competition

The 2025 QCEW annual average reports 462 covered jobs at county workplaces, up 0.22%, while average weekly covered-worker wage rose 4.98%. Trade, transportation, and utilities accounted for 54.74% of private covered employment, indicating concentration rather than a description of the whole economy or resident labor force. More tax-return households moved in (34) than out (25), and inbound movers averaged $9,573 more AGI. Investor mortgages represented 40% of five purchase mortgages: visible participation, but too small a base to establish durable buyer competition or pricing power.

04Risk & next checks

Inland flood is the dominant hazard, and modeled expected annual climate loss equals 0.11% of building value. That county-level model is not a parcel flood determination, making flood zone, elevation, prior-loss and insurance review essential. FHFA annual HPI is not published, preventing a repeat-transaction check on Zillow's direction. Realtor.com listing price, active listings, marketing time and price-reduction fields are also not published in the supplied record; without them, visible MLS supply, seller concessions and listing-market liquidity cannot be assessed.

Cities & communities

Where people live within Rock 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
Bassett city580Newport village46
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
    Bassett cityIncorporated place
    580
  2. 02
    Newport villageIncorporated place
    46

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

0.107% of building value expected lost per year

Effective property tax1.07%

$1,262 median annual bill

02
DemandIRS SOI household flows
Net migration+9

34 in · 25 out

Arriving vs leaving income+$9,573

$52,853 arriving · $43,280 leaving

03
CompetitionHMDA financed purchases
Purchases by investors40.0%

2 of 5 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; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. Property-level rent, vacancy, expenses and insurance may not support cash flow despite the county median value.
  2. The limited purchase-mortgage base may not represent attainable resale pricing or buyer depth.
  3. County-level climate modeling may not reflect flood exposure or insurability for a specific parcel.
Underwriting questions

Before pricing a property

What prevents calculation of gross yield?

Median asking market rent is not published. HUD Fair Market Rent is provided, but it is a payment standard rather than market rent.

What is the largest disclosed private employment concentration?

Trade, transportation, and utilities is the largest disclosed private supersector and represents more than half of private covered employment.

Does the record establish strong investor competition?

No. Investor participation is recorded, but it is measured from a very small purchase-mortgage base and does not establish pricing power or resale liquidity.