Cedar Rapids, Nebraska.
Typical home $115,660 (-2.2% in a year).
to buy the typical home at today's mortgage rate — +$204 (+50%) since Feb 2022.
- 1 year
- Down $2,603 -2%
- $118,263$115,660 since Sep 2025
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Cedar Rapids$607
- Nebraska$1,461
- United States$1,922
Typical home values in Cedar Rapids, NE fell 2.2% over the past year — slower than the nation's +1.2%.
Living in Cedar Rapids, Boone County, Nebraska
Cedar Rapids is a village of 382 people in Boone County. 86% of its homes are lived in by their owners and 14% are rented. Unemployment in Boone County was 2.1% in August 2026, and the county had 0.5% fewer jobs in 2025 than the year before. The most people in Boone County work in schools and health care, then farming.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Cedar Rapids is a village in Boone County, Nebraska, small enough that most people know one another. Nearly all homes are lived in by their owners, and typical home values are modest. Incomes in the area run a little below the county's, and a share of residents live below the poverty line. Few adults hold a four-year degree.
Work. Residents work mostly in schools, hospitals and social care, with farming, shops and manufacturing also employing many. Across Boone County, some of the largest workplaces are E&F Management, Boone County Health Center and Boone Central Schools. Commutes are fairly long, and very few people work from home. Jobs across the county slipped slightly last year, while unemployment stayed low.
Things to do. The Loup River, a river a longer drive away, is the nearest well-known water for fishing and time outdoors. Olson Nature Preserve, a protected area also a longer drive away, offers quiet ground for walking and watching wildlife. Winters are cold and snowy, summers are warm, and rain and snowmelt fall in fair amounts through the year.
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- 16%of adults have a degree
- 11%below the poverty line
- 29 mintypical commute
- 3%work from home
What people in Boone County work in
Employed residents by industry, from the Census survey. Boone County had 2,439 jobs in 2025, 0.5% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 11°; warmest in July, with highs near 85° and lows near 63°. About 27 inches of snow and 27 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Albion weather station, 11 miles away (NOAA).
Largest workplaces in Boone County
- E&F ManagementAuctions, internet retail222
- Boone County Health CenterCritical access hospital196FTE
- Boone Central SchoolsSchool district101FTE
- Valero Albion PlantDenatured alcohol manufacturing63
- Cloverlodge Care CenterSkilled nursing facilities51
- St Edward Public SchoolsSchool district40FTE
- Pillen Family Farms MillHog and pig farming25
- Pillen Family FarmsHog and pig farming23
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 9 workplaces with 20 or more staff, 470 people in all across the county; Cedar Rapids has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailVery high
- Strong windVery high
- TornadoesVery high
- Winter weatherVery high
- Inland floodingVery high
- Cold wavesVery high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Cedar Rapids’ census tracts, against the rest of the country; all of them together, very high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Boone County.
Cedar Rapids home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Cedar Rapids$115,660
- Nebraska$278,299
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Cedar Rapids address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Cedar Rapids — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.