Alvo, NE
Population 129 · Nebraska
About Alvo, NE
Alvo is a small community in Nebraska with a population of 129 residents. The median household income is $89,375 per year, which is above the national average. The median age in Alvo is 32.9 years.
Housing in Alvo has a median home value of $178,400 and median monthly rent of $0. Of the 60 total housing units, the majority are owner-occupied, with 53 owner-occupied and 2 renter-occupied units.
The unemployment rate in Alvo is 0.0% and the poverty rate is 13.2%. 25.3% of residents hold a bachelor's degree or higher. The average commute time is 27 minutes.
How Alvo Ranks in Nebraska
Cost of Living in Alvo, NE
Compared to national averages, Alvo has a median household income of $89,375 (19% above the national median of $75,149). Home values average $178,400, which is 27% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Nebraska, Alvo's income is 36% above the state average of $65,895, and home values are 42% above the state median of $125,824.
Why Live in Alvo, NE?
Alvo offers a strong local economy with a median household income of $89,375, well above the national average, and affordable housing with a median home value of $178,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%.
Alvo has a population of 129 with a median age of 32.9 years. Compare Alvo with other cities to see how it stacks up, or explore all cities in Nebraska.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Alvo
What is the population of Alvo, NE?
The population of Alvo, NE is 129 according to the latest Census data.
What is the median household income in Alvo?
The median household income in Alvo, NE is $89,375 per year.
What is the median home value in Alvo?
The median home value in Alvo, NE is $178,400.
What is the average rent in Alvo?
The median monthly rent in Alvo, NE is $0.
What is the unemployment rate in Alvo?
The unemployment rate in Alvo, NE is 0.0%.