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US City Data

Cortland, NE

Population 629 · Nebraska

Population
629
Median Income
$68,250
Median Home Value
$173,400
Median Rent
$950/mo

About Cortland, NE

Cortland is a small community located in Nebraska with a population of 629 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,250 per year, which is 9% below the national median of $75,149. The median age of 35.5 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 Cortland features a median home value of $173,400, which is 29% below the national median of $244,900. This positions Cortland in a moderately priced market relative to the rest of the country. Median monthly rent is $950, 18% below the national average of $1,163/month. Of the 229 total housing units, 86% are owner-occupied (197 units) and 14% are renter-occupied (32 units). The high homeownership rate suggests a stable, established residential community.

Economy & Employment

The local economy in Cortland shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cortland have an average one-way commute time of 28.5 minutes.

Education & Demographics

13.6% of Cortland 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 17.5% White, 3.2% Hispanic or Latino, 0.0% Black or African American, and 2.5% Asian residents, with 0.5% of the population being foreign-born.

How Cortland Ranks in Nebraska

Best Job Markets
#47
of 50 cities · 1.0%

Cost of Living in Cortland, NE

Compared to national averages, Cortland has a median household income of $68,250 (9% below the national median of $75,149). Home values average $173,400, which is 29% below the national median. Monthly rent at $950 is 18% below the US average of $1,163. Within Nebraska, Cortland's income is 4% above the state average of $65,895, and home values are 38% above the state median of $125,824.

Income vs National
$68,250
National: $75,149
Nebraska: $65,895
Home Value vs National
$173,400
National: $244,900
Nebraska: $125,824
Rent vs National
$950
National: $1,163
Nebraska: $811
Unemployment vs National
1%
National: 3.7%
Nebraska: 4.6%

Why Live in Cortland, NE?

Cortland offers affordable housing with a median home value of $173,400, below the US average of $244,900, and rent that’s lower than the national average at $950/month, and a strong job market with an unemployment rate of just 1.0%. Additionally, the city features a low poverty rate of 4.9%, better than the national average.

Potential considerations include median household income ($68,250) that falls below the national average. However, Cortland’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.

Cortland has a population of 629 with a median age of 35.5 years. Compare Cortland with other cities to see how it stacks up, or explore all cities in Nebraska.

Similar Cities Near Cortland

Cities in Nebraska with a similar population size.

CityPopulationMedian IncomeHome Value
Walton624$48,725$491,100Compare
Culbertson635$47,361$82,500Compare
Bassett622$42,125$83,800Compare
Dorchester622$59,583$140,100Compare
Elgin620$53,661$98,000Compare
Palmyra642$81,458$160,900Compare
Paxton643$73,750$114,700Compare
Clarkson609$64,219$74,200Compare

Demographics

35.5
Median Age
329
Male
300
Female
0.5%
Foreign Born

Racial & Ethnic Composition

White17.5Hispanic/Latino3.2Black0Asian2.5Two or More0

Economy & Education

1%
Unemployment Rate
4.9%
Poverty Rate
13.6%
Bachelor's Degree+
28.5 min
Avg Commute

Housing

229
Total Housing Units
197
Owner Occupied
32
Renter Occupied

Other Cities in Nebraska

Nebraska CityAbieAdamsAinsworthAlbionAlda

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Cortland With Other Cities

Cortland vs Nebraska CityCortland vs AbieCortland vs AdamsCortland vs Ainsworth

Frequently Asked Questions about Cortland

What is the population of Cortland, NE?

The population of Cortland, NE is 629 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 Cortland?

The median household income in Cortland, NE is $68,250 per year, which is 9% below the national median of $75,149.

What is the median home value in Cortland?

The median home value in Cortland, NE is $173,400, which is 29% below the national median of $244,900. The majority of housing units are owner-occupied.

What is the average rent in Cortland?

The median monthly rent in Cortland, NE is $950, which is 18% below the national average of $1,163/month.

What is the unemployment rate in Cortland?

The unemployment rate in Cortland, NE is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.

Is Cortland, NE a good place to live?

Cortland offers a moderate cost of living, affordable housing, and a strong job market. With a population of 629 and a median age of 35.5, the city appeals to a broad range of residents.

How educated is Cortland, NE?

13.6% of residents in Cortland 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 Cortland?

Key cost-of-living indicators for Cortland, NE: median home value is $173,400 (29% below national), median rent is $950/month, and median household income is $68,250. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.

What is the poverty rate in Cortland?

The poverty rate in Cortland, NE is 4.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.

How diverse is Cortland, NE?

Cortland's population is 17.5% White, 3.2% Hispanic or Latino, 0.0% Black or African American, 2.5% Asian, and 0.0% two or more races. 0.5% of residents are foreign-born.

Explore More

Cost of Living in NebraskaMost Populated Cities in NebraskaCheapest Cities in NebraskaHighest Income Cities in NebraskaLowest Rent in NebraskaBest Cities for FamiliesBest Cities for Young ProfessionalsBest Cities for RetireesGuide: Cost Of LivingGuide: Moving GuideCortland vs AbieCortland vs AdamsCortland vs Ainsworth