Butte, NE
Population 357 · Nebraska
About Butte, NE
Butte is a small community located in Nebraska with a population of 357 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,500 per year, which is 30% below the national median of $75,149. The median age of 59.5 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 Butte features a median home value of $66,700, which is 73% below the national median of $244,900. This makes Butte one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $608, 48% below the national average of $1,163/month. Of the 201 total housing units, 81% are owner-occupied (122 units) and 19% are renter-occupied (28 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Butte shows an unemployment rate of 3.8%, which is near the national rate of 3.7%. The poverty rate stands at 6.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Butte have an average one-way commute time of 15.5 minutes, one of the shorter commutes in the region.
Education & Demographics
36.0% of Butte 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 6.7% White, 2.5% Hispanic or Latino, 0.0% Black or African American, and 9.5% Asian residents, with 16.2% of the population being foreign-born.
How Butte Ranks in Nebraska
Cost of Living in Butte, NE
Compared to national averages, Butte has a median household income of $52,500 (30% below the national median of $75,149). Home values average $66,700, which is 73% below the national median. Monthly rent at $608 is 48% below the US average of $1,163. Within Nebraska, Butte's income is 20% below the state average of $65,895, and home values are 47% below the state median of $125,824.
Why Live in Butte, NE?
Butte offers affordable housing with a median home value of $66,700, below the US average of $244,900, and rent that’s lower than the national average at $608/month, and a well-educated community where 36.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.1%, better than the national average, and short commute times averaging just 15.5 minutes.
Potential considerations include median household income ($52,500) that falls below the national average. However, Butte’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Butte has a population of 357 with a median age of 59.5 years. Compare Butte with other cities to see how it stacks up, or explore all cities in Nebraska.
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Cities in Nebraska with a similar population size.
Demographics
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Economy & Education
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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 Butte
What is the population of Butte, NE?
The population of Butte, NE is 357 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 Butte?
The median household income in Butte, NE is $52,500 per year, which is 30% below the national median of $75,149.
What is the median home value in Butte?
The median home value in Butte, NE is $66,700, which is 73% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Butte?
The median monthly rent in Butte, NE is $608, which is 48% below the national average of $1,163/month.
What is the unemployment rate in Butte?
The unemployment rate in Butte, NE is 3.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Butte, NE a good place to live?
Butte offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 357 and a median age of 59.5, the city appeals to established professionals and retirees.
How educated is Butte, NE?
36.0% of residents in Butte 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 Butte?
Key cost-of-living indicators for Butte, NE: median home value is $66,700 (73% below national), median rent is $608/month, and median household income is $52,500. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Butte?
The poverty rate in Butte, NE is 6.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Butte, NE?
Butte's population is 6.7% White, 2.5% Hispanic or Latino, 0.0% Black or African American, 9.5% Asian, and 0.0% two or more races. 16.2% of residents are foreign-born.