Alvo, NE
Population 129 · Nebraska
About Alvo, NE
Alvo is a small community located in Nebraska with a population of 129 residents according to the latest US Census Bureau American Community Survey data. The median household income is $89,375 per year, which is 19% above the national median of $75,149. The median age of 32.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Alvo features a median home value of $178,400, which is 27% below the national median of $244,900. This positions Alvo in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 60 total housing units, 96% are owner-occupied (53 units) and 4% are renter-occupied (2 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Alvo shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.2%, above the national average of 12.4%. Workers in Alvo have an average one-way commute time of 27 minutes.
Education & Demographics
25.3% of Alvo residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.6% White, 1.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
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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Other Cities in Nebraska
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 US Census Bureau American Community Survey estimates. This makes it a small community in Nebraska.
What is the median household income in Alvo?
The median household income in Alvo, NE is $89,375 per year, which is 19% above the national median of $75,149.
What is the median home value in Alvo?
The median home value in Alvo, NE is $178,400, which is 27% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Alvo?
The median monthly rent in Alvo, NE is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Alvo?
The unemployment rate in Alvo, NE is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Alvo, NE a good place to live?
Alvo offers above-average incomes, affordable housing, and a strong job market. With a population of 129 and a median age of 32.9, the city appeals to young professionals and families.
How educated is Alvo, NE?
25.3% of residents in Alvo aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Alvo?
Key cost-of-living indicators for Alvo, NE: median home value is $178,400 (27% below national), median rent is $0/month, and median household income is $89,375. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Alvo?
The poverty rate in Alvo, NE is 13.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Alvo, NE?
Alvo's population is 1.6% White, 1.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.