Indianola, NE
Population 460 · Nebraska
About Indianola, NE
Indianola is a small community located in Nebraska with a population of 460 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,615 per year, which is 34% below the national median of $75,149. The median age of 46.6 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 Indianola features a median home value of $85,500, which is 65% below the national median of $244,900. This makes Indianola one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $639, 45% below the national average of $1,163/month. Of the 235 total housing units, 85% are owner-occupied (181 units) and 15% are renter-occupied (31 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Indianola 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 3.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Indianola have an average one-way commute time of 23.5 minutes.
Education & Demographics
13.0% of Indianola 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 3.7% 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.
Cost of Living in Indianola, NE
Compared to national averages, Indianola has a median household income of $49,615 (34% below the national median of $75,149). Home values average $85,500, which is 65% below the national median. Monthly rent at $639 is 45% below the US average of $1,163. Within Nebraska, Indianola's income is 25% below the state average of $65,895, and home values are 32% below the state median of $125,824.
Why Live in Indianola, NE?
Indianola offers affordable housing with a median home value of $85,500, below the US average of $244,900, and rent that’s lower than the national average at $639/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 3.7%, better than the national average, and short commute times averaging just 23.5 minutes.
Potential considerations include median household income ($49,615) that falls below the national average. However, Indianola’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Indianola has a population of 460 with a median age of 46.6 years. Compare Indianola 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 Indianola
What is the population of Indianola, NE?
The population of Indianola, NE is 460 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 Indianola?
The median household income in Indianola, NE is $49,615 per year, which is 34% below the national median of $75,149.
What is the median home value in Indianola?
The median home value in Indianola, NE is $85,500, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Indianola?
The median monthly rent in Indianola, NE is $639, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Indianola?
The unemployment rate in Indianola, 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 Indianola, NE a good place to live?
Indianola offers a moderate cost of living, affordable housing, and a strong job market. With a population of 460 and a median age of 46.6, the city appeals to established professionals and retirees.
How educated is Indianola, NE?
13.0% of residents in Indianola 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 Indianola?
Key cost-of-living indicators for Indianola, NE: median home value is $85,500 (65% below national), median rent is $639/month, and median household income is $49,615. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Indianola?
The poverty rate in Indianola, NE is 3.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Indianola, NE?
Indianola's population is 3.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.4% two or more races. 0.0% of residents are foreign-born.