Lake Waconda, Nebraska Demographics & Population 2026

A note before these figures: with a population of 127, Lake Waconda'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

Lake Waconda is a small community located in Nebraska. The total population is 127. It ranks as the 418th most populous out of 583 Census-designated places in Nebraska.

Age Demographics

The median age in Lake Waconda is 62.2 years. This is 67% higher than the state median of 37.2 years.

Economy, Income & Housing

The median household income in Lake Waconda is $145,644. This is 90% higher than the state median of $76,475. It is also 80% higher than the national median of $80,734. The ACS records no residents below the poverty line in Lake Waconda. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. The survey records no unemployed residents in Lake Waconda, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $325,800. Housing costs are 37% higher than the state median of $238,600. With a home-value-to-income ratio of just 2.2x, Lake Waconda is one of the most affordable housing markets in the area. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 50% higher than the state average of 66.5%.

Race & Ethnicity

Every resident counted in Lake Waconda was recorded as White (non-Hispanic). A figure of exactly 100.0% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.

Education

33.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 3% lower than the state rate of 34.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample.

Data Sources & Methodology

All demographic data for Lake Waconda, 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.