Craig, NE
Population 139 · Nebraska
About Craig, NE
Craig is a small community located in Nebraska with a population of 139 residents according to the latest US Census Bureau American Community Survey data. The median household income is $48,750 per year, which is 35% below the national median of $75,149. The median age of 50.6 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 Craig features a median home value of $76,400, which is 69% below the national median of $244,900. This makes Craig 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 79 total housing units, 93% are owner-occupied (63 units) and 7% are renter-occupied (5 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Craig shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 20.1%, above the national average of 12.4%. Workers in Craig have an average one-way commute time of 56.6 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
10.6% of Craig 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 10.8% White, 7.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.4% of the population being foreign-born.
Cost of Living in Craig, NE
Compared to national averages, Craig has a median household income of $48,750 (35% below the national median of $75,149). Home values average $76,400, which is 69% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Nebraska, Craig's income is 26% below the state average of $65,895, and home values are 39% below the state median of $125,824.
Why Live in Craig, NE?
Craig offers affordable housing with a median home value of $76,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 1.4%.
Potential considerations include median household income ($48,750) that falls below the national average. However, Craig’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Craig has a population of 139 with a median age of 50.6 years. Compare Craig 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 Craig
What is the population of Craig, NE?
The population of Craig, NE is 139 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 Craig?
The median household income in Craig, NE is $48,750 per year, which is 35% below the national median of $75,149.
What is the median home value in Craig?
The median home value in Craig, NE is $76,400, which is 69% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Craig?
The median monthly rent in Craig, NE is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Craig?
The unemployment rate in Craig, NE is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Craig, NE a good place to live?
Craig offers a moderate cost of living, affordable housing, and a strong job market. With a population of 139 and a median age of 50.6, the city appeals to established professionals and retirees.
How educated is Craig, NE?
10.6% of residents in Craig 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 Craig?
Key cost-of-living indicators for Craig, NE: median home value is $76,400 (69% below national), median rent is $0/month, and median household income is $48,750. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Craig?
The poverty rate in Craig, NE is 20.1%, 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 Craig, NE?
Craig's population is 10.8% White, 7.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.4% of residents are foreign-born.