Property details·Ashby, Grant County, Nebraska·380000008
71633 Farm Valley Lane
Ashby, NE 69333
Grant County
380000008
41.836473, -101.999732
County context
There are 695 people in Grant County, Nebraska. That's not a typo, and it's not a neighborhood — it's an entire county, roughly the size of Rhode Island, sitting in the Sandhills at the heart of one of the least-populated regions in the contiguous United States. With fewer than one person per square mile, Grant County qualifies as what demographers call a "frontier county," a designation that shapes nearly everything about life and real estate here.
And yet, by almost every financial measure, the people who live here are doing fine.
The median home value of $113,900 is a fraction — roughly 36% — of the national median of $320,000. But that's not distress. It's geography. Homes in Hyannis, the county seat, are priced for a local economy built around cattle ranching and the particular rhythms of the Nebraska Sandhills, not coastal speculation or tech-driven demand. With a median household income of $69,063 and a price-to-income ratio hovering around 1.6x, Grant County may be one of the most genuinely affordable places to own a home in the United States. The national benchmark sits near 4x income. Here, it barely registers as a burden.
The 2.2% unemployment rate reinforces this picture of quiet stability. Nobody's scrambling. SNAP usage is just 2.0%, public assistance essentially zero, and the severe rent burden rate is literally 0.0% — meaning no renter household here is spending more than 50% of income on housing. That last figure is almost unheard of in any American housing dataset.
| Stat | Value | Context |
|---|---|---|
| Median Home Value | $113,900 | 36% of the $320,000 national median |
| Price-to-Income Ratio | 1.6x | vs. ~4x national benchmark |
| Vacancy Rate | 29.4% | reflects seasonal and ranch-use housing |
| Homeownership Rate | 68.5% | above the national average of ~65% |
Two figures stand out as genuinely surprising. First, the mean household income is listed at over $24 million — an artifact of statistical noise in tiny populations, almost certainly driven by a single high-net-worth ranch operation skewing the average dramatically. With only 295 households, one outlier rewrites the mean entirely. The per capita income of $34,449 is a far more reliable signal.
Second, 17.5% of residents report limited English proficiency — a striking figure for a county this remote. This likely reflects the presence of agricultural workers on large cattle operations, a pattern common across the Nebraska Sandhills where ranch labor draws Spanish-speaking workers to otherwise homogeneous rural communities.
The 29.4% vacancy rate and 89.5% single-family home stock paint a picture of a landscape defined by space: wide lots, working ranch properties, and seasonal dwellings that sit empty most of the year.
What makes Grant County, Nebraska unique? Grant County is one of the least densely populated counties in the entire United States — under one person per square mile — yet maintains low unemployment, high homeownership, and near-zero housing cost burden. It's a working ranching community where land is vast and financial stress is minimal.
Is Grant County, Nebraska a good place to buy a home? For buyers seeking extreme affordability and rural solitude, yes. The price-to-income ratio is exceptional by any measure, and no renter households report severe cost burden. The tradeoff is isolation, limited services, and a housing market so thin that comparables are scarce and appreciation is slow.
Why is the vacancy rate so high in Grant County? Much of the county's housing stock serves seasonal, agricultural, or recreational purposes. Ranch properties with secondary structures, hunting cabins, and worker housing that sits idle between seasons all contribute to a vacancy rate that reflects land use patterns more than economic distress.
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