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Phillips village, Nebraska Demographics & Population 2026

Very AffordableHome value to income ratio of 1.8x is exceptionally low

As of 2026, Phillips village, Nebraska has a total population of 376, the 247th largest city in Nebraska, with a median household income of $78,750, which is 5% higher than the state average. The poverty rate is 24.6%.

Key Takeaways

Phillips village Quick Facts

Population 376
Median Household Income $78,750
Median Home Value $140,400
Poverty Rate 24.6%
Unemployment Rate 1.3%
Median Age 40.4 years
Homeownership Rate 89.1%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 7.0%
High School Graduation Rate 79.1%
Diversity Index 43/100
Population 376 247th of 584
Median Income $78,750 top 20%
Poverty Rate 24.6% 98% higher national
Median Home Value $140,400 above average

How Phillips village Compares

Economy & Housing

Employment

1.3% Unemployment Rate State: 3.0% | National: 5.2%
77.1% Labor Force Participation

Housing Overview

Owner 89.1%
Renter 10.9%
Affordability Index Very Affordable
1.8x home value to income ratio

People & Demographics

Diversity Index

43out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 40 | National average: 60

Education

Phillips village Rankings in Nebraska

#247 Population of 584
#105 Median Income of 584
#500 Education of 584
#175 Home Value of 584

Cities Similar to Phillips village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Shickley village376$78,125$158,50025.4%15.7%
Merna village380$73,500$107,50020.1%8.5%
Bradshaw village377$70,919$98,30032.9%4.0%
Herman village355$77,869$113,8005.4%9.3%
Sumner village379$66,875$88,40016.7%1.6%

Population Overview

Phillips village is a small community located in Nebraska. The total population is 376. It ranks as the 247th most populous out of 584 cities and towns in Nebraska.

Age Demographics

The median age in Phillips village is 40.4 years. This is 9% higher than the state median of 37.1 years.

Economy, Income & Housing

The median household income in Phillips village is $78,750. This is 5% higher than the state median of $74,985. Compared to the national median of $78,538, household income here is about average. The poverty rate stands at 24.6%. This is 139% 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 1.3%. This is 56% lower than the state rate of 3.0%. The median home value is $140,400. Housing costs are 37% lower than the state median of $223,800. With a home-value-to-income ratio of just 1.8x, Phillips village is one of the most affordable housing markets in the area. 89.1% of occupied housing units are owner-occupied. This homeownership rate is 34% higher than the state average of 66.5%.

Race & Ethnicity

The largest racial or ethnic group in Phillips village is White (non-Hispanic), making up 70.5% of the population. Hispanic or Latino residents account for 26.1%. The Hispanic or Latino population is significantly higher than the state average (26.1% vs 12.3%).

Education

7.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 80% 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 79.1%.

Data Sources & Methodology

All demographic data for Phillips 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 Phillips village, Nebraska?

Phillips village, Nebraska has a population of 376 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Phillips village is $78,750, which is about average the national median of $78,538.

What is the poverty rate in Phillips village, NE?

The poverty rate in Phillips village is 24.6%. This means approximately 90 residents live below the federal poverty line.

What is the racial makeup of Phillips village, Nebraska?

Phillips village's population is 70.5% White, 0.0% Black, 26.1% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Phillips village is $140,400. The home-value-to-income ratio is 1.8x.

How educated is Phillips village, Nebraska?

7.0% of adults (25+) in Phillips village hold a bachelor's degree or higher, and 1.9% hold a graduate or professional degree.