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US City Data

Bassett, NE

Population 622 · Nebraska

Population
622
Median Income
$42,125
Median Home Value
$83,800
Median Rent
$624/mo

About Bassett, NE

Bassett is a small community in Nebraska with a population of 622 residents. The median household income is $42,125 per year, which is below the national average. The median age in Bassett is 42.3 years.

Housing in Bassett has a median home value of $83,800 and median monthly rent of $624. Of the 423 total housing units, the majority are owner-occupied, with 230 owner-occupied and 77 renter-occupied units.

The unemployment rate in Bassett is 2.5% and the poverty rate is 13.8%. 29.1% of residents hold a bachelor's degree or higher. The average commute time is 11.5 minutes.

Cost of Living in Bassett, NE

Compared to national averages, Bassett has a median household income of $42,125 (44% below the national median of $75,149). Home values average $83,800, which is 66% below the national median. Monthly rent at $624 is 46% below the US average of $1,163. Within Nebraska, Bassett's income is 36% below the state average of $65,895, and home values are 33% below the state median of $125,824.

Income vs National
$42,125
National: $75,149
Nebraska: $65,895
Home Value vs National
$83,800
National: $244,900
Nebraska: $125,824
Rent vs National
$624
National: $1,163
Nebraska: $811
Unemployment vs National
2.5%
National: 3.7%
Nebraska: 4.6%

Why Live in Bassett, NE?

Bassett offers affordable housing with a median home value of $83,800, below the US average of $244,900, and rent that’s lower than the national average at $624/month, and a strong job market with an unemployment rate of just 2.5%. Additionally, the city features short commute times averaging just 11.5 minutes.

Potential considerations include median household income ($42,125) that falls below the national average. However, Bassett’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.

Bassett has a population of 622 with a median age of 42.3 years. Compare Bassett with other cities to see how it stacks up, or explore all cities in Nebraska.

Similar Cities Near Bassett

Cities in Nebraska with a similar population size.

CityPopulationMedian IncomeHome Value
Dorchester622$59,583$140,100Compare
Elgin620$53,661$98,000Compare
Walton624$48,725$491,100Compare
Cortland629$68,250$173,400Compare
Clarkson609$64,219$74,200Compare
Culbertson635$47,361$82,500Compare
Callaway608$50,938$157,600Compare
Ansley605$70,694$81,500Compare

Demographics

42.3
Median Age
265
Male
357
Female
1.1%
Foreign Born

Racial & Ethnic Composition

White0.2Hispanic/Latino1.3Black0Asian0.8Two or More0.3

Economy & Education

2.5%
Unemployment Rate
13.8%
Poverty Rate
29.1%
Bachelor's Degree+
11.5 min
Avg Commute

Housing

423
Total Housing Units
230
Owner Occupied
77
Renter Occupied

Other Cities in Nebraska

Nebraska CityAbieAdamsAinsworthAlbionAlda

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Bassett With Other Cities

Bassett vs Nebraska CityBassett vs AbieBassett vs AdamsBassett vs Ainsworth

Frequently Asked Questions about Bassett

What is the population of Bassett, NE?

The population of Bassett, NE is 622 according to the latest Census data.

What is the median household income in Bassett?

The median household income in Bassett, NE is $42,125 per year.

What is the median home value in Bassett?

The median home value in Bassett, NE is $83,800.

What is the average rent in Bassett?

The median monthly rent in Bassett, NE is $624.

What is the unemployment rate in Bassett?

The unemployment rate in Bassett, NE is 2.5%.

Explore More

Cost of Living in NebraskaMost Populated Cities in NebraskaCheapest Cities in NebraskaHighest Income Cities in NebraskaLowest Rent in NebraskaBest Cities for FamiliesBest Cities for Young ProfessionalsBest Cities for RetireesGuide: Cost Of LivingGuide: Moving GuideBassett vs AbieBassett vs AdamsBassett vs Ainsworth