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Elmwood village, Nebraska Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

As of 2026, Elmwood village, Nebraska has a total population of 765, the 151st largest city in Nebraska, with a median household income of $81,250, which is 8% higher than the state average. The poverty rate is 10.2%.

Key Takeaways

Elmwood village Quick Facts

Population 765
Median Household Income $81,250
Median Home Value $176,600
Poverty Rate 10.2%
Unemployment Rate 2.4%
Median Age 36.2 years
Homeownership Rate 89.6%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 33.5%
High School Graduation Rate 96.0%
Diversity Index 4/100
Population 765 151st of 584
Median Income $81,250 top 20%
Poverty Rate 10.2% 18% lower national
Median Home Value $176,600 top 20%

How Elmwood village Compares

Economy & Housing

Employment

2.4% Unemployment Rate State: 3.0% | National: 5.2%
65.1% Labor Force Participation

Housing Overview

Owner 89.6%
Renter 10.4%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

4out 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

Elmwood village Rankings in Nebraska

#151 Population of 584
#81 Median Income of 584
#63 Education of 584
#95 Home Value of 584

Cities Similar to Elmwood village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cedar Bluffs village760$82,031$148,20027.4%15.2%
Clay Center city750$75,833$148,30020.6%2.9%
Boys Town village763$72,000N/A23.5%47.0%
Shelby village709$75,795$112,20016.2%6.2%
Beemer village772$65,250$100,50019.5%10.4%

Population Overview

Elmwood village is a small community located in Nebraska. The total population is 765. It ranks as the 151st most populous out of 584 cities and towns in Nebraska.

Age Demographics

The median age in Elmwood village is 36.2 years. This is 2% lower than the state median of 37.1 years. With 30.2% of the population under 18, Elmwood village has a notably young demographic profile, suggesting a family-oriented community. 11.0% 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 Elmwood village is $81,250. This is 8% higher than the state median of $74,985. Compared to the national median of $78,538, household income here is 3% higher. The poverty rate stands at 10.2%. This is 1% lower than the state poverty rate of 10.3%. The unemployment rate is 2.4%. This is 20% lower than the state rate of 3.0%. The median home value is $176,600. Housing costs are 21% lower than the state median of $223,800. With a home-value-to-income ratio of just 2.2x, Elmwood village is one of the most affordable housing markets in the area. 89.6% of occupied housing units are owner-occupied. This homeownership rate is 35% higher than the state average of 66.5%.

Race & Ethnicity

Elmwood village has a predominantly White (non-Hispanic) population, comprising 98.0% of all residents.

Education

33.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 2% 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 96.0%.

Data Sources & Methodology

All demographic data for Elmwood 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 Elmwood village, Nebraska?

Elmwood village, Nebraska has a population of 765 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Elmwood village, NE?

The median household income in Elmwood village is $81,250, which is 3% higher the national median of $78,538.

What is the poverty rate in Elmwood village, NE?

The poverty rate in Elmwood village is 10.2%. This means approximately 77 residents live below the federal poverty line.

What is the racial makeup of Elmwood village, Nebraska?

Elmwood village's population is 98.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Elmwood village, NE?

The median home value in Elmwood village is $176,600. The home-value-to-income ratio is 2.2x.

How educated is Elmwood village, Nebraska?

33.5% of adults (25+) in Elmwood village hold a bachelor's degree or higher, and 11.6% hold a graduate or professional degree.