Bayard, NE
Population 1,509 · Nebraska
About Bayard, NE
Bayard is a small town located in Nebraska with a population of 1,509 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,818 per year, which is 18% below the national median of $75,149. The median age of 38.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Bayard features a median home value of $107,900, which is 56% below the national median of $244,900. This makes Bayard one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $553, 52% below the national average of $1,163/month. Of the 628 total housing units, 87% are owner-occupied (475 units) and 13% are renter-occupied (73 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bayard shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bayard have an average one-way commute time of 27.1 minutes.
Education & Demographics
22.7% of Bayard residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 21.0% White, 3.7% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 3.8% of the population being foreign-born.
How Bayard Ranks in Nebraska
Cost of Living in Bayard, NE
Compared to national averages, Bayard has a median household income of $61,818 (18% below the national median of $75,149). Home values average $107,900, which is 56% below the national median. Monthly rent at $553 is 52% below the US average of $1,163. Within Nebraska, Bayard's income is 6% below the state average of $65,895, and home values are 14% below the state median of $125,824.
Why Live in Bayard, NE?
Bayard offers affordable housing with a median home value of $107,900, below the US average of $244,900, and rent that’s lower than the national average at $553/month, and a strong job market with an unemployment rate of just 2.5%. Additionally, the city features a low poverty rate of 10.5%, better than the national average.
Potential considerations include median household income ($61,818) that falls below the national average. However, Bayard’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bayard has a population of 1,509 with a median age of 38.2 years. Compare Bayard with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Bayard
Cities in Nebraska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Yutan | 1,535 | $89,531 | $184,900 | Compare |
| Battle Creek | 1,478 | $93,750 | $188,100 | Compare |
| Fullerton | 1,463 | $54,375 | $120,700 | Compare |
| Oakland | 1,572 | $66,202 | $150,600 | Compare |
| Arlington | 1,437 | $95,278 | $222,500 | Compare |
| Wisner | 1,436 | $66,875 | $134,800 | Compare |
| Atkinson | 1,433 | $72,857 | $147,600 | Compare |
| Wood River | 1,426 | $76,591 | $131,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Bayard With Other Cities
Frequently Asked Questions about Bayard
What is the population of Bayard, NE?
The population of Bayard, NE is 1,509 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Nebraska.
What is the median household income in Bayard?
The median household income in Bayard, NE is $61,818 per year, which is 18% below the national median of $75,149.
What is the median home value in Bayard?
The median home value in Bayard, NE is $107,900, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bayard?
The median monthly rent in Bayard, NE is $553, which is 52% below the national average of $1,163/month.
What is the unemployment rate in Bayard?
The unemployment rate in Bayard, NE is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Bayard, NE a good place to live?
Bayard offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,509 and a median age of 38.2, the city appeals to a broad range of residents.
How educated is Bayard, NE?
22.7% of residents in Bayard 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 Bayard?
Key cost-of-living indicators for Bayard, NE: median home value is $107,900 (56% below national), median rent is $553/month, and median household income is $61,818. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bayard?
The poverty rate in Bayard, NE is 10.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bayard, NE?
Bayard's population is 21.0% White, 3.7% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 0.0% two or more races. 3.8% of residents are foreign-born.