Alvo village, Nebraska Demographics & Population 2026
As of 2026, Alvo village, Nebraska has a total population of 129, the 419th largest city in Nebraska, with a median household income of $89,375, which is 19% higher than the state average. The poverty rate is 13.2%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.0x.
- Near full employment with an unemployment rate of just 0.0%.
Alvo village Quick Facts
How Alvo village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Alvo village Rankings in Nebraska
Explore Nebraska Rankings
Cities Similar to Alvo village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Princeton CDP | 130 | N/A | $210,700 | 39.4% | 4.6% |
| Davey village | 124 | $95,938 | $221,900 | 26.7% | 4.0% |
| Loretto CDP | 119 | N/A | N/A | 28.2% | 0.0% |
| Martell CDP | 124 | $81,458 | $180,900 | 26.6% | 12.9% |
| Miller village | 135 | $81,250 | $62,500 | 30.1% | 14.1% |
Population Overview
Alvo village is a small community located in Nebraska. The total population is 129. It ranks as the 419th most populous out of 584 cities and towns in Nebraska.
Age Demographics
The median age in Alvo village is 32.9 years. This is 11% lower than the state median of 37.1 years.
Economy, Income & Housing
The median household income in Alvo village is $89,375. This is 19% higher than the state median of $74,985. Compared to the national median of $78,538, household income here is 14% higher. The poverty rate stands at 13.2%. This is 28% higher than the state poverty rate of 10.3%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.0%. The median home value is $178,400. Housing costs are 20% lower than the state median of $223,800. With a home-value-to-income ratio of just 2.0x, Alvo village is one of the most affordable housing markets in the area. 96.4% of occupied housing units are owner-occupied. This homeownership rate is 45% higher than the state average of 66.5%.
Race & Ethnicity
Alvo village has a predominantly White (non-Hispanic) population, comprising 89.9% of all residents. Hispanic or Latino residents account for 1.6%. The Hispanic or Latino population (1.6%) is well below the state average of 12.3%.
Education
25.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 26% lower than the state rate of 34.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.2%.
Data Sources & Methodology
All demographic data for Alvo village, Nebraska is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 584 Census-designated places in Nebraska. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Alvo village, Nebraska?
Alvo village, Nebraska has a population of 129 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Alvo village, NE?
The median household income in Alvo village is $89,375, which is 14% higher the national median of $78,538.
What is the poverty rate in Alvo village, NE?
The poverty rate in Alvo village is 13.2%. This means approximately 17 residents live below the federal poverty line.
What is the racial makeup of Alvo village, Nebraska?
Alvo village's population is 89.9% White, 0.0% Black, 1.6% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Alvo village, NE?
The median home value in Alvo village is $178,400. The home-value-to-income ratio is 2.0x.
How educated is Alvo village, Nebraska?
25.3% of adults (25+) in Alvo village hold a bachelor's degree or higher, and 2.5% hold a graduate or professional degree.