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Bassett, Nebraska Demographics & Population 2026

During the 2020–2024 ACS period, Bassett, Nebraska had a total population of 580, the 193rd largest city in Nebraska, with a median household income of $42,697, which is 44% lower than the state average. The poverty rate is 16.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Bassett Quick Facts

Population 580
Median Household Income $42,697
Median Home Value $86,800
Poverty Rate 16.6%
Unemployment Rate 2.4%
Median Age 54.1 years
Homeownership Rate 65.6%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 21.5%
High School Graduation Rate 89.8%
Diversity Index 3/100
Population 580 193rd of 583
Median Income $42,697 bottom 10%
Poverty Rate 16.6% 33% higher than national
Median Home Value $86,800 bottom 30%

How Bassett Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population622580-6.8%
Median household income$42,125$42,697+1.4%
Median home value$83,800$86,800+3.6%

How Bassett Compares

Economy & Housing

Household Income Distribution

Under $25K 23.0%
$25K-$50K 37.5%
$50K-$100K 20.5%
$100K+ 18.9%
Detailed income brackets
Under $10K
6.0%
$10K-$15K
5.4%
$15K-$20K
1.6%
$20K-$25K
10.1%
$25K-$30K
12.9%
$30K-$35K
2.8%
$35K-$40K
8.5%
$40K-$45K
8.2%
$45K-$50K
5.1%
$50K-$60K
2.8%
$60K-$75K
11.0%
$75K-$100K
6.6%
$100K-$125K
4.4%
$125K-$150K
1.6%
$150K-$200K
9.5%
$200K+
3.5%

Employment

2.4% Unemployment Rate State: 3.0%|National: 5.2%
64.0% Labor Force Participation

Housing Overview

Owner 65.6%
Renter 34.4%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $651/mo 18.3% of median household income annually

People & Demographics

Diversity Index

3out of 100
Very Low Diversity

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

State average: 41 | National average: 61

Education

Bassett Rankings in Nebraska

#193 Population of 583
#478 Median Income of 519
#241 Education of 583
#374 Home Value of 510

Other Cities in Rock County

CityPopulationMedian IncomePovertyHome Value
Newport 46 N/A 15.2% $50,700

Cities Similar to Bassett

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Walton579$48,088$464,00024.6%2.1%
Verdigre613$40,938$87,00016.0%18.6%
Coleridge553$46,818$87,1009.9%13.4%
Macy637$42,500$54,4005.6%33.3%
Bancroft593$50,833$122,50025.1%5.1%

A note before these figures: with a population of 580, Bassett's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Bassett is a small community located in Nebraska, within Rock County. The total population is 580. It ranks as the 193rd most populous out of 583 Census-designated places in Nebraska.

Age Demographics

The median age in Bassett is 54.1 years. This is 45% higher than the state median of 37.2 years. Only 10.9% of residents are under 18, indicating fewer families with children. 16.9% 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 is $42,697. This is 44% lower than the state median of $76,475. It is also 47% lower than the national median of $80,734. The poverty rate stands at 16.6%. This is 56% higher than the state poverty rate of 10.6%. The unemployment rate is 2.4%. This is 20% lower than the state rate of 3.0%. The median home value is $86,800. Housing costs are 64% lower than the state median of $238,600. With a home-value-to-income ratio of just 2.0x, Bassett is one of the most affordable housing markets in the area. 65.6% of occupied housing units are owner-occupied. This homeownership rate is 1% lower than the state average of 66.5%.

Race & Ethnicity

Bassett has a predominantly White (non-Hispanic) population, comprising 98.5% of all residents. Hispanic or Latino residents account for 0.7%. The Black or African American population (0.2%) is well below the state average of 4.6%. The Hispanic or Latino population (0.7%) is well below the state average of 12.7%.

Education

21.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% lower than the state rate of 34.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.8%.

Data Sources & Methodology

All demographic data for Bassett, Nebraska is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 583 Census-designated places in Nebraska. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Bassett, Nebraska?

Bassett, Nebraska has a population of 580 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Bassett, NE?

The median household income in Bassett is $42,697, which is 47% lower than the national median of $80,734.

What is the poverty rate in Bassett, NE?

The poverty rate in Bassett is 16.6%. This means approximately 92 residents live below the federal poverty line.

What is the racial makeup of Bassett, Nebraska?

Bassett's population is 98.5% White, 0.2% Black, 0.7% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Bassett, NE?

The median home value in Bassett is $86,800. The home-value-to-income ratio is 2.0x.

How educated is Bassett, Nebraska?

21.5% of adults (25+) in Bassett hold a bachelor's degree or higher, and 8.0% hold a graduate or professional degree.