Exeter, NE
Population 505 · Nebraska
About Exeter, NE
Exeter is a small community located in Nebraska with a population of 505 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,000 per year, which is 16% below the national median of $75,149. The median age of 56.9 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 Exeter features a median home value of $106,800, which is 56% below the national median of $244,900. This makes Exeter one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $954, 18% below the national average of $1,163/month. Of the 310 total housing units, 79% are owner-occupied (208 units) and 21% are renter-occupied (56 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Exeter 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 7.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Exeter have an average one-way commute time of 19.1 minutes, one of the shorter commutes in the region.
Education & Demographics
27.8% of Exeter 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 0.6% White, 1.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.0% of the population being foreign-born.
Cost of Living in Exeter, NE
Compared to national averages, Exeter has a median household income of $63,000 (16% below the national median of $75,149). Home values average $106,800, which is 56% below the national median. Monthly rent at $954 is 18% below the US average of $1,163. Within Nebraska, Exeter's income is 4% below the state average of $65,895, and home values are 15% below the state median of $125,824.
Why Live in Exeter, NE?
Exeter offers affordable housing with a median home value of $106,800, below the US average of $244,900, and rent that’s lower than the national average at $954/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 7.9%, better than the national average, and short commute times averaging just 19.1 minutes.
Potential considerations include median household income ($63,000) that falls below the national average. However, Exeter’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Exeter has a population of 505 with a median age of 56.9 years. Compare Exeter with other cities to see how it stacks up, or explore all cities in Nebraska.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Exeter
What is the population of Exeter, NE?
The population of Exeter, NE is 505 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 Exeter?
The median household income in Exeter, NE is $63,000 per year, which is 16% below the national median of $75,149.
What is the median home value in Exeter?
The median home value in Exeter, NE is $106,800, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Exeter?
The median monthly rent in Exeter, NE is $954, which is 18% below the national average of $1,163/month.
What is the unemployment rate in Exeter?
The unemployment rate in Exeter, 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 Exeter, NE a good place to live?
Exeter offers a moderate cost of living, affordable housing, and a strong job market. With a population of 505 and a median age of 56.9, the city appeals to established professionals and retirees.
How educated is Exeter, NE?
27.8% of residents in Exeter 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 Exeter?
Key cost-of-living indicators for Exeter, NE: median home value is $106,800 (56% below national), median rent is $954/month, and median household income is $63,000. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Exeter?
The poverty rate in Exeter, NE is 7.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Exeter, NE?
Exeter's population is 0.6% White, 1.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.0% of residents are foreign-born.