Cheney, NE
Population 174 · Nebraska
About Cheney, NE
Cheney is a small community located in Nebraska with a population of 174 residents according to the latest US Census Bureau American Community Survey data. The median household income is $101,932 per year, which is 36% above the national median of $75,149. The median age of 18.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Cheney features a median home value of $0, which is 100% below the national median of $244,900. This makes Cheney one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 47 total housing units, 100% are owner-occupied (47 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cheney shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cheney have an average one-way commute time of 22.7 minutes.
Education & Demographics
33.7% of Cheney 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Cheney Ranks in Nebraska
Cost of Living in Cheney, NE
Compared to national averages, Cheney has a median household income of $101,932 (36% above the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Nebraska, Cheney's income is 55% above the state average of $65,895, and home values are 100% below the state median of $125,824.
Why Live in Cheney, NE?
Cheney offers a strong local economy with a median household income of $101,932, well above the national average, and affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 22.7 minutes.
Cheney has a population of 174 with a median age of 18.3 years. Compare Cheney with other cities to see how it stacks up, or explore all cities in Nebraska.
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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 Cheney
What is the population of Cheney, NE?
The population of Cheney, NE is 174 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 Cheney?
The median household income in Cheney, NE is $101,932 per year, which is 36% above the national median of $75,149.
What is the median home value in Cheney?
The median home value in Cheney, NE is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cheney?
The median monthly rent in Cheney, NE is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Cheney?
The unemployment rate in Cheney, NE is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Cheney, NE a good place to live?
Cheney offers above-average incomes, affordable housing, and a strong job market. With a population of 174 and a median age of 18.3, the city appeals to young professionals and families.
How educated is Cheney, NE?
33.7% of residents in Cheney 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 Cheney?
Key cost-of-living indicators for Cheney, NE: median home value is $0 (100% below national), median rent is $0/month, and median household income is $101,932. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cheney?
The poverty rate in Cheney, NE is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cheney, NE?
Cheney's population is 0.0% White, 0.0% 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.