Median Income
$69,459
household / year
Median Home Value
$125,000
owner-occupied
Median Rent
$883
gross / month
Cost of Living
87
national avg = 100

Is Wood River, NE a Good Place to Live?

Wood River is a small town of 1,405 in Nebraska, with a median household income of $69,459 and a 5.2% unemployment rate. Its cost of living index is 87 (US average = 100), which is 13% below the national average.

Strengths: Wood River stands out for an affordable cost of living, below-average home prices, solid school ratings (A-), short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Wood River is right for you depends on your priorities — the full breakdown is below.

All Wood River city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 87.3

Wood River's overall cost of living index is 87.3, where 100 represents the US national average. Living in Wood River costs roughly 13% less than the average American city.

Metric Wood River, NE National Avg
Median Home Value $125,000 $244,900
Median Monthly Rent $883 $1,163
Homeownership Rate 75.3% 65.9%
Median Household Income $69,459 $74,755

Crime & Safety

Safer than Average

Wood River's violent crime rate is 326.0 per 100,000 residents — 14% lower than the national average of ~380 per 100,000.

Violent Crime
326.0 /100k
Property Crime
1709.8 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Wood River is served primarily by WOOD RIVER RURAL SCHOOLS. The student-to-teacher ratio is 9.7:1 (better than the national average of ~16:1).

Metric Wood River, NE National Avg
School District WOOD RIVER RURAL SCHOOLS
Elementary Schools 1
Middle Schools 1
High Schools 1
Student/Teacher Ratio 9.7:1 16:1
Bachelor's Degree or Higher 20.0% 35.4%
High School Diploma or Higher 89.6% 91.1%

Weather & Climate

Wood River sees average highs of 35.5°F in January and 86.8°F in July, with 28.4 inches of annual precipitation and 28.6 inches of snow per year.

MetricWood River, NE
Average High — January35.5°F
Average High — July86.8°F
Annual Precipitation28.4"
Annual Snowfall28.6"

Demographics

MetricWood River, NENational Avg
Population1,405
Median Age35.638.9
Unemployment Rate5.2%3.7%
Avg Commute Time24.8 min26 min
White (non-Hispanic)84.3%59.3%
Black or African American0.0%13.6%
Hispanic or Latino14.7%18.9%
Asian0.0%6.3%
Under 1826.5%22.2%
65 and over17.0%16.8%

Nearby Cities

ZIP Codes in Wood River

Wood River, NE is covered by 1 ZIP code:

Wood River vs Other Cities

Frequently Asked Questions

Wood River's cost of living index is 87, where 100 is the national average. That makes Wood River roughly 13% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $125,000 and median rent is $883/month.
Wood River's violent crime rate is 326.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1709.8 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Wood River are operated by WOOD RIVER RURAL SCHOOLS. The district has 1 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 9.7:1. 20.0% of adults 25+ hold a bachelor's degree or higher.
Wood River, NE has a population of 1,405, a median household income of $69,459, and an unemployment rate of 5.2%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Wood River averages 35.5°F in January and 86.8°F in July. Annual rainfall is 28.4 inches with about 28.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Wood River, NE is covered by 1 ZIP code: 68883.
The population of Wood River, Nebraska is 1,405 with a median age of 35.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Wood River: cost of living index 87 (100 = US average), median home $125,000, median household income $69,459, crime index 84 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Wood River side by side with your current city to see the trade-offs.