101 Russell Avenue

Property details·Beatrice, Gage County, Nebraska·010625200

2Beds
1.75Baths
1,380Sq ft
0.32Acres
1992Built
$259KLast sale

Location & Identity

Address

101 Russell Avenue

Beatrice, NE 68310

Gage County

Parcel ID

010625200

Coordinates

40.243934, -96.752563

Owner & Record Identity

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Building details

Bedrooms
2
Bathrooms
1.75
Full / half
1 full · 0 half
Square footage
1,380
Stories
1
Year built
1992
Garage
2-car
Building style
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Building condition
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Heating & AC
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Pool & features
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Land & lot

Lot size
0.32 acres
Property type (local use code)
1001
Zoning code
01-SINGLE
Land area
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Lot dimensions
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County context

Gage County 2026 Insights

Gage County, Nebraska: Affordable Heartland, But Not Without Its Tensions

Beatrice, the county seat of Gage County, is perhaps best known to legal scholars and civil rights advocates for one of the most harrowing wrongful conviction cases in American history — the Beatrice Six, a group of locals who spent years in prison for a 1985 murder they didn't commit. That history of institutional struggle echoes in a community that today shows the classic strains of rural Nebraska: genuine affordability, stubborn poverty, an aging population, and a workforce that shows up even when the economy doesn't reward it.

Key Statistics

StatValueContext
Median Home Value$170,00047% below national median of $320,000
Homeownership Rate72.3%well above national avg of ~65%
Price-to-Income Ratio2.6xremarkably affordable vs 4x national benchmark
YoY Price Change-26.6%sharp correction after pandemic-era run-up

The Affordability Story Nobody's Writing About

At a price-to-income ratio of just 2.6x, Gage County represents what much of America has lost: housing you can actually afford on a working-class salary. Median rent of $770 per month is striking in a national context where renters in coastal metros routinely spend that on a parking space. The county's 83.7% single-family home stock and 72.3% homeownership rate paint a picture of a community where most people plant roots rather than pass through.

But the affordability headline obscures some friction underneath. Nearly 14% of renters face severe rent burden — spending more than half their income on housing — even at these modest price points. That's a poverty problem wearing an affordability mask. With a 13.2% overall poverty rate and a child poverty rate of 15.6%, Gage County has pockets of real hardship that low home prices alone don't resolve.

The Employment Paradox

Here's the number that stops you cold: a 1.5% unemployment rate. In a county where 12% of households use SNAP benefits and per capita income sits at $35,827 — well below the national average — nearly everyone who wants work has it. That's not prosperity; that's a tight rural labor market where working doesn't always mean getting ahead. Labor force participation at 63.1% is modest, partly explained by the county's notably older population — 21.9% are 65 or older, nudging toward retirement-age withdrawal from the workforce.

The limited English-speaking population of 18% is notably high for a small Nebraska county and likely reflects the meatpacking and agricultural labor that anchors rural economies throughout the Great Plains.

An Aging, Stable, Offline-ish Place

With a median age of 42.8 and nearly a quarter of residents over 65, Gage County is aging in place. The 11.1% without internet access and 0% public transit usage underscore the infrastructure gaps that make rural aging particularly precarious. Broadband access at 86.2% is improving but still leaves nearly 2,400 residents in the digital dark.


FAQs

What makes Gage County, Nebraska unique? Gage County combines some of the most genuinely affordable housing in the country with a workforce that's nearly fully employed — yet still wrestles with poverty rates above the national average. It's a community of deep-rooted homeowners, an aging demographic, and significant agricultural heritage centered around Beatrice, one of southeast Nebraska's oldest cities.

Is Gage County a good place to buy a home? On pure affordability metrics, yes — a price-to-income ratio under 3x is rare anywhere in America. However, the sharp 26.6% year-over-year price decline signals a cooling market after recent gains, and prospective buyers should weigh that correction against the county's modest income growth trajectory and relatively high vacancy rate of 11.8%.

Why is the poverty rate high if unemployment is so low? This is the defining tension of Gage County's economy: jobs are plentiful, but many are low-wage agricultural and light manufacturing positions. Full employment in a low-wage economy still leaves families stretched thin — a pattern common across rural Nebraska and the broader Great Plains.

Local market context

Our database includes 8,647 properties in Beatrice.

Beatrice offers affordable housing with an average price of $158,401.

With a price per square foot of just $90, this area offers excellent value for buyers.

Home prices in Beatrice are 7% lower than the Gage County average.

MetricBeatriceGage Countyvs County
Average Price$158,401$169,458-7%
Avg Sq Ft1,7591,733+2%
Price/Sq Ft$90$98-8%
Properties8,64722,919-62%

Frequently Asked Questions About Beatrice, NE Real Estate

What is the average home price in Beatrice, NE?

The average home price in Beatrice, NE is $158,401, based on analysis of 8,647 properties in our database.

How many properties are tracked in Beatrice, NE?

Our database includes 8,647 properties in Beatrice, NE, providing comprehensive market coverage.

What is the price per square foot in Beatrice, NE?

The average price per square foot in Beatrice, NE is $90. This is calculated from an average home price of $158,401 and average size of 1,759 square feet.

What is the average home size in Beatrice, NE?

Homes in Beatrice, NE average 1,759 square feet, with an average price of $158,401.

How does Beatrice, NE compare to other cities in Gage County?

Beatrice, NE is one of many cities in Gage County, NE with property data available. Browse other cities in the county to compare market conditions and pricing.

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