Central City 81 Exceptional
Central City Livability #17 ranked city in Nebraska#1,322 ranked city in the USARanks better than 95% of areas

Pros and Cons of Living in Central City

PROS
  • Cost Of Living

    The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.

  • Crime

    With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.

  • Housing

    This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.

  • Health & Safety

    A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.

  • Ratings

    Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.

CONS
  • Amenities

    A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.

  • Commute

    Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.

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What's it like Living in Central City?

Central City is a smaller city located in the state of Nebraska. The city has a population of 2,906 inhabitants. The majority of Central City residents report their race to be White; this is followed by Black and Asian. Not a fan of sitting in traffic during your commute to work? Central City offers shorter work commutes, with an average one-way commute time taking only 18 minutes, far lower than the national average of 26 minutes.

If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a positive experience if you are willing to get to know the town before actually living in Central City, Nebraska. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like amenities, cost of living, health & safety, you can easily compare the best places to live in Central City and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Central City to Nebraska and the national average.

The livability score in Central City is 79/100 and the city is ranked in the 95th percentile of all cities across America. Compared to the US average, Central City ranks among some of the best places to live in the country! Central City has also earned the rare honor of ranking in the top 10 percentile among all cities. If we check out each of the categories on their own, we see that Central City ranks well for crime (A+), education (B-) and housing (A+). There are some categories that Central City scores poorly for, including: amenities (F). It might be worth taking a closer look to find out why.

Managing monthly expenses, from grocery bills to never-ending utility costs, can swiftly accumulate. Fortunately, we're delighted to share that the cost of living in Central City is 20.65% lower than the national average. This translates to a tangible reduction in those persistent monthly expenditures, making Central City a city where you can anticipate lower costs across the board when compared to many other urban areas. This financial advantage not only eases the burden of day-to-day living but also allows for a more budget-friendly lifestyle, ensuring that your hard-earned money goes further and providing an appealing incentive for those seeking to improve their financial well-being in a world where expenses continue to rise.

Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Central City has a violent crime rate of 66 crimes per 100,000 residents which is far lower than the national average.

When contemplating a move, job prospects often top the list of priorities. In Central City, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.69% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Central City has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Central City is actually affordable. The median home price for Central City homes is $114,900, which is 16.3% lower than the Nebraska average. If we take a closer look at the affordability of homes in Central City, we’ll see that the home price to income ratio is 2.3, which is 8% lower than the Nebraska average.

Best Places to Live in and Around Central City

See all the best places to live around Central City

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Compare Central City, NE Livability

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      Central City transportation information

      Statistic Central City Nebraska National
      Average one way commute18min18min26min
      Workers who drive to work87.8%81.4%76.4%
      Workers who carpool8.1%9.4%9.3%
      Workers who take public transit0.0%0.7%5.1%
      Workers who bicycle0.0%0.5%0.6%
      Workers who walk1.0%2.8%2.8%
      Working from home2.1%4.3%4.6%
      Source: The Central City, NE data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).