Clearwater, NE
Population 240 · Nebraska
About Clearwater, NE
Clearwater is a small community located in Nebraska with a population of 240 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,667 per year, which is 18% below the national median of $75,149. The median age of 56.4 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 Clearwater features a median home value of $77,500, which is 68% below the national median of $244,900. This makes Clearwater one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $788, 32% below the national average of $1,163/month. Of the 175 total housing units, 75% are owner-occupied (97 units) and 25% are renter-occupied (33 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Clearwater shows an unemployment rate of 2.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 21.3%, above the national average of 12.4%. Workers in Clearwater have an average one-way commute time of 14.5 minutes, one of the shorter commutes in the region.
Education & Demographics
16.9% of Clearwater 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 4.6% White, 0.8% Hispanic or Latino, 0.0% Black or African American, and 2.9% Asian residents, with 5.4% of the population being foreign-born.
Cost of Living in Clearwater, NE
Compared to national averages, Clearwater has a median household income of $61,667 (18% below the national median of $75,149). Home values average $77,500, which is 68% below the national median. Monthly rent at $788 is 32% below the US average of $1,163. Within Nebraska, Clearwater's income is 6% below the state average of $65,895, and home values are 38% below the state median of $125,824.
Why Live in Clearwater, NE?
Clearwater offers affordable housing with a median home value of $77,500, below the US average of $244,900, and rent that’s lower than the national average at $788/month, and a strong job market with an unemployment rate of just 2.1%. Additionally, the city features short commute times averaging just 14.5 minutes.
Potential considerations include median household income ($61,667) that falls below the national average. However, Clearwater’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Clearwater has a population of 240 with a median age of 56.4 years. Compare Clearwater 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 Clearwater
What is the population of Clearwater, NE?
The population of Clearwater, NE is 240 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 Clearwater?
The median household income in Clearwater, NE is $61,667 per year, which is 18% below the national median of $75,149.
What is the median home value in Clearwater?
The median home value in Clearwater, NE is $77,500, which is 68% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Clearwater?
The median monthly rent in Clearwater, NE is $788, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Clearwater?
The unemployment rate in Clearwater, NE is 2.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Clearwater, NE a good place to live?
Clearwater offers a moderate cost of living, affordable housing, and a strong job market. With a population of 240 and a median age of 56.4, the city appeals to established professionals and retirees.
How educated is Clearwater, NE?
16.9% of residents in Clearwater 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 Clearwater?
Key cost-of-living indicators for Clearwater, NE: median home value is $77,500 (68% below national), median rent is $788/month, and median household income is $61,667. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Clearwater?
The poverty rate in Clearwater, NE is 21.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Clearwater, NE?
Clearwater's population is 4.6% White, 0.8% Hispanic or Latino, 0.0% Black or African American, 2.9% Asian, and 0.0% two or more races. 5.4% of residents are foreign-born.