Beaver Lake, NE
Population 2,198 · Nebraska
About Beaver Lake, NE
Beaver Lake is a small town located in Nebraska with a population of 2,198 residents according to the latest US Census Bureau American Community Survey data. The median household income is $136,364 per year, which is 81% above the national median of $75,149. The median age of 38.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Beaver Lake features a median home value of $384,500, which is 57% above the national median of $244,900. This places Beaver Lake in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 857 total housing units, 99% are owner-occupied (760 units) and 1% are renter-occupied (6 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Beaver Lake shows an unemployment rate of 4.1%, which is near the national rate of 3.7%. The poverty rate stands at 1.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Beaver Lake have an average one-way commute time of 32.4 minutes.
Education & Demographics
43.7% of Beaver Lake 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 1.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Beaver Lake Ranks in Nebraska
Cost of Living in Beaver Lake, NE
Compared to national averages, Beaver Lake has a median household income of $136,364 (81% above the national median of $75,149). Home values average $384,500, which is 57% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Nebraska, Beaver Lake's income is 107% above the state average of $65,895, and home values are 206% above the state median of $125,824.
Why Live in Beaver Lake, NE?
Beaver Lake offers a strong local economy with a median household income of $136,364, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 43.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $384,500. However, Beaver Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Beaver Lake has a population of 2,198 with a median age of 38.5 years. Compare Beaver Lake with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Beaver Lake
Cities in Nebraska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ord | 2,186 | $53,274 | $109,500 | Compare |
| Geneva | 2,214 | $79,750 | $156,900 | Compare |
| Imperial | 2,182 | $71,667 | $176,700 | Compare |
| Wilber | 2,178 | $80,227 | $154,700 | Compare |
| Kimball | 2,153 | $57,153 | $105,700 | Compare |
| Madison | 2,074 | $56,932 | $116,000 | Compare |
| Pierce | 1,986 | $64,167 | $157,600 | Compare |
| Bennington | 2,417 | $98,375 | $337,600 | 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 Beaver Lake With Other Cities
Frequently Asked Questions about Beaver Lake
What is the population of Beaver Lake, NE?
The population of Beaver Lake, NE is 2,198 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 Beaver Lake?
The median household income in Beaver Lake, NE is $136,364 per year, which is 81% above the national median of $75,149.
What is the median home value in Beaver Lake?
The median home value in Beaver Lake, NE is $384,500, which is 57% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Beaver Lake?
The median monthly rent in Beaver Lake, NE is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Beaver Lake?
The unemployment rate in Beaver Lake, NE is 4.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Beaver Lake, NE a good place to live?
Beaver Lake offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,198 and a median age of 38.5, the city appeals to a broad range of residents.
How educated is Beaver Lake, NE?
43.7% of residents in Beaver Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Beaver Lake?
Key cost-of-living indicators for Beaver Lake, NE: median home value is $384,500 (57% above national), median rent is $0/month, and median household income is $136,364. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Beaver Lake?
The poverty rate in Beaver Lake, NE is 1.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Beaver Lake, NE?
Beaver Lake's population is 1.0% White, 0.6% 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.