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Why do People Move to Omaha?

It may be one of the last places that you’d expect, but Omaha, Nebraska is one of the best places to live in the United States. In fact, Forbes ranked Omaha the seventh best city to raise a family in the United States. This decision was based on the fact that the city checks off many of the boxes that Americans want for their families: high-quality schools, affordable housing, easy commuting, a vibrant culture, a rich heritage, and a low crime rate. There are lots of family-friendly activities in Omaha to enjoy, too! Keep reading to learn more about why people move to Omaha, Nebraska.

Why do People Move to Omaha?

Before Forbes listed Omaha as one of the best cities to live in, the number of people moving to Omaha, Nebraska had significantly increased. The uptick really started to take effect around 2020, right when the covid crisis set in. So, what is it that is enticing people to move to Omaha, Nebraska? Here’s a look at some great features that this mid-western city boasts that many find attractive – and that you may, too!

Low cost of living

Omaha offers the perks of living in a bigger city, such as easy access to cultural activities, entertainment, restaurants, etc., without the huge price tag that usually comes with living in a big city. In fact, at the time of writing, the cost of living in Omaha was 8 percent lower than the national average.

In 2016, Omaha was named one of the best, most affordable places to live in the United States by Yahoo! Finance, as residents were able to retain up to 71 percent more of their hard-earned income than they can in other cities in the U.S.

Affordable Housing

One of the reasons why the cost of living is so low in Omaha is because housing is affordable. According to Zillow, the median home value in Omaha is roughly $161,000, which is certainly very appealing. The median home value in Omaha is especially appealing considering the astronomical prices in other cities such as New York City, for example, where you can expect to pay multiple times that amount.

It is important to note, however, that while housing costs are still expected to remain low in Omaha, the numbers are projected to increase between three and four percent in the coming years.

Ample Work Opportunities

Another key factor that attracts so many people to Omaha is the low unemployment rate. At just 2.9 percent, Omaha, Nebraska has the lowest unemployment rate in the United States

Omaha is home to a myriad of well-established, highly successful Fortune 500 companies such as Mutual of Omaha and Union Pacific. Not to mention, Berkshire Hathaway, which was founded by legendary investor and Omaha native, Warren Buffett.

Omaha is also home to many up-and-coming newly established companies that are showing promising futures. With so many business ventures, Omaha offers ample opportunities for employment.

Laid-Back, Family-Friendly Environment

As mentioned, Forbes ranked Omaha the 7th best city to raise a family in the US. The city offers a laid-back atmosphere and easy access to large expanses of undisturbed natural settings, yet it still has all of the benefits of a bigger city. These factors, combined with the low cost of living, low housing prices, and ample employment opportunities (the Henry Doorly Zoo and Aquarium, too) are all some of the top reasons why so many people are moving to Omaha, Nebraska.

Living Costs in Omaha Comparison

Graves Development Resources | Land Developer in Omaha, Nebraska

Graves Development Resources (GDR) has been designing and building the market’s finest neighborhoods since 2000, with over 5,000 homesites and important commercial development projects throughout Douglas and Sarpy Counties.

Our pages showcase current neighborhoods where new home buyers may select from hundreds of home sites. We are definitely “phone friendly” and welcome the opportunity to provide you with all the information you need before making one of the most important decisions for your family’s future. Contact us with any questions.

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