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Bassett city, Nebraska Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, Bassett city, Nebraska has a total population of 622, the 182nd largest city in Nebraska, with a median household income of $42,125, which is 44% lower than the state average. The poverty rate is 13.8%.

Key Takeaways

Bassett city Quick Facts

Population 622
Median Household Income $42,125
Median Home Value $83,800
Poverty Rate 13.8%
Unemployment Rate 2.5%
Median Age 42.3 years
Homeownership Rate 74.9%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 29.1%
High School Graduation Rate 93.2%
Diversity Index 6/100
Population 622 182nd of 584
Median Income $42,125 bottom 10%
Poverty Rate 13.8% 11% higher national
Median Home Value $83,800 below average

How Bassett city Compares

Economy & Housing

Employment

2.5% Unemployment Rate State: 3.0% | National: 5.2%
61.2% Labor Force Participation

Housing Overview

Owner 74.9%
Renter 25.1%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

6out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Bassett city Rankings in Nebraska

#182 Population of 584
#485 Median Income of 584
#95 Education of 584
#358 Home Value of 584

Cities Similar to Bassett city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Glenwood CDP663N/A$283,10080.7%0.0%
Walton CDP624$48,725$491,10025.9%1.8%
Culbertson village635$47,361$82,50019.7%10.2%
Verdigre village576$41,250$85,20016.8%21.6%
Hay Springs village659$45,833$91,90013.7%12.2%

Population Overview

Bassett city is a small community located in Nebraska. The total population is 622. It ranks as the 182nd most populous out of 584 cities and towns in Nebraska.

Age Demographics

The median age in Bassett city is 42.3 years. This is 14% higher than the state median of 37.1 years. 14.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Bassett city is $42,125. This is 44% lower than the state median of $74,985. Compared to the national median of $78,538, household income here is 46% lower. The poverty rate stands at 13.8%. This is 34% higher than the state poverty rate of 10.3%. The unemployment rate is 2.5%. This is 18% lower than the state rate of 3.0%. The median home value is $83,800. Housing costs are 63% lower than the state median of $223,800. With a home-value-to-income ratio of just 2.0x, Bassett city is one of the most affordable housing markets in the area. 74.9% of occupied housing units are owner-occupied. This homeownership rate is 13% higher than the state average of 66.5%.

Race & Ethnicity

Bassett city has a predominantly White (non-Hispanic) population, comprising 97.1% of all residents. Hispanic or Latino residents account for 1.0%. The Black or African American population (0.3%) is well below the state average of 4.6%. The Hispanic or Latino population (1.0%) is well below the state average of 12.3%.

Education

29.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 15% 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 93.2%.

Data Sources & Methodology

All demographic data for Bassett city, 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 Bassett city, Nebraska?

Bassett city, Nebraska has a population of 622 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Bassett city, NE?

The median household income in Bassett city is $42,125, which is 46% lower the national median of $78,538.

What is the poverty rate in Bassett city, NE?

The poverty rate in Bassett city is 13.8%. This means approximately 82 residents live below the federal poverty line.

What is the racial makeup of Bassett city, Nebraska?

Bassett city's population is 97.1% White, 0.3% Black, 1.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Bassett city, NE?

The median home value in Bassett city is $83,800. The home-value-to-income ratio is 2.0x.

How educated is Bassett city, Nebraska?

29.1% of adults (25+) in Bassett city hold a bachelor's degree or higher, and 9.1% hold a graduate or professional degree.