Bellwood, NE
Population 460 · Nebraska
About Bellwood, NE
Bellwood is a small community located in Nebraska with a population of 460 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,795 per year, which is 6% below the national median of $75,149. The median age of 46.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Bellwood features a median home value of $116,000, which is 53% below the national median of $244,900. This makes Bellwood one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $735, 37% below the national average of $1,163/month. Of the 235 total housing units, 84% are owner-occupied (169 units) and 16% are renter-occupied (32 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bellwood shows an unemployment rate of 5.3%, which is near the national rate of 3.7%. The poverty rate stands at 10.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bellwood have an average one-way commute time of 24.5 minutes.
Education & Demographics
12.9% of Bellwood 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 0.0% White, 2.6% Hispanic or Latino, 0.0% Black or African American, and 1.1% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Bellwood, NE
Compared to national averages, Bellwood has a median household income of $70,795 (6% below the national median of $75,149). Home values average $116,000, which is 53% below the national median. Monthly rent at $735 is 37% below the US average of $1,163. Within Nebraska, Bellwood's income is 7% above the state average of $65,895, and home values are 8% below the state median of $125,824.
Why Live in Bellwood, NE?
Bellwood offers affordable housing with a median home value of $116,000, below the US average of $244,900, and rent that’s lower than the national average at $735/month, and a low poverty rate of 10.7%, better than the national average. Additionally, the city features short commute times averaging just 24.5 minutes.
Potential considerations include median household income ($70,795) that falls below the national average. However, Bellwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bellwood has a population of 460 with a median age of 46.5 years. Compare Bellwood with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Bellwood
Cities in Nebraska with a similar population size.
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 Bellwood With Other Cities
Frequently Asked Questions about Bellwood
What is the population of Bellwood, NE?
The population of Bellwood, NE is 460 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 Bellwood?
The median household income in Bellwood, NE is $70,795 per year, which is 6% below the national median of $75,149.
What is the median home value in Bellwood?
The median home value in Bellwood, NE is $116,000, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bellwood?
The median monthly rent in Bellwood, NE is $735, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Bellwood?
The unemployment rate in Bellwood, NE is 5.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bellwood, NE a good place to live?
Bellwood offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 460 and a median age of 46.5, the city appeals to established professionals and retirees.
How educated is Bellwood, NE?
12.9% of residents in Bellwood 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 Bellwood?
Key cost-of-living indicators for Bellwood, NE: median home value is $116,000 (53% below national), median rent is $735/month, and median household income is $70,795. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bellwood?
The poverty rate in Bellwood, NE is 10.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bellwood, NE?
Bellwood's population is 0.0% White, 2.6% Hispanic or Latino, 0.0% Black or African American, 1.1% Asian, and 0.0% two or more races. 0.4% of residents are foreign-born.