Octavia village, Nebraska Demographics & Population 2026

Population Overview

Octavia village is a small community located in Nebraska. The total population is 166. It ranks as the 384th most populous out of 584 cities and towns in Nebraska.

Age Demographics

The median age in Octavia village is 35.6 years. This is 4% lower than the state median of 37.1 years. With 38.0% of the population under 18, Octavia village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Octavia village is $65,417. This is 13% lower than the state median of $74,985. Compared to the national median of $78,538, household income here is 17% lower. The poverty rate stands at 22.3%. This is 116% higher than the state poverty rate of 10.3%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.0%. The median home value is $112,500. Housing costs are 50% lower than the state median of $223,800. With a home-value-to-income ratio of just 1.7x, Octavia village is one of the most affordable housing markets in the area. 81.8% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 66.5%.

Race & Ethnicity

The largest racial or ethnic group in Octavia village is Hispanic or Latino, making up 52.4% of the population. White (non-Hispanic) residents account for 47.0%. The Hispanic or Latino population is significantly higher than the state average (52.4% vs 12.3%).

Education

12.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 64% 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 69.4%.

Data Sources & Methodology

All demographic data for Octavia 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.