Omaha-Council Bluffs, IA vs Jones County, IA
A 2-bedroom in Jones County costs $449 less per month than Omaha-Council Bluffs ($919 vs $1,368). Median income is $83,023 in Omaha-Council Bluffs and $73,071 in Jones County. That's a difference of $5,388 per year in housing costs.
Side-by-Side Comparison
| Metric | Omaha-Council Bluffs | Jones County |
|---|---|---|
| Studio FMR | $1,090 | $634 |
| 1BR FMR | $1,148 | $711 |
| 2BR FMR | $1,368 | $919 |
| 3BR FMR | $1,813 | $1,212 |
| 4BR FMR | $2,046 | $1,217 |
| Median Income | $83,023 | $73,071 |
| Rent Burden | 19.8% | 15.1% |
| Actual Median Rent | $1,152 | $759 |
| Median Home Value | $248,100 | $183,400 |
| Population | 973K | 21K |
| Renter % | 33.7% | 19.3% |
| Vacancy Rate | 5.6% | 8.7% |
| Poverty Rate | 9.5% | 10.4% |
| Unemployment | - | 4% |
| YoY Change | +16.9% | +6.6% |
| Min Wage | $7.25/hr | $7.25/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
Jones County, IA is more affordable with a 2BR FMR of $919/mo, which is $449 less than Omaha-Council Bluffs at $1,368/mo. However, when considering local incomes, Omaha-Council Bluffs has a rent burden of 19.8% vs 15.1% in Jones County.
A 2-bedroom in Omaha-Council Bluffs, IA costs $1,368/mo at Fair Market Rent, while in Jones County, IA it's $919/mo, a difference of $449/mo or $5,388/year.
To afford a 2BR without spending more than 30% of income on rent: Omaha-Council Bluffs requires $54,720/year ($26/hr). Jones County requires $36,760/year ($18/hr).