King Lake, NE
Population 22 · Nebraska
About King Lake, NE
King Lake is a small community located in Nebraska with a population of 22 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 66.3 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 King Lake features a median home value of $0, which is 100% below the national median of $244,900. This makes King Lake 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 56 total housing units, 100% are owner-occupied (19 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in King Lake shows an unemployment rate of 50.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in King Lake have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of King Lake 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 0.0% 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 King Lake, NE
Compared to national averages, King Lake has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Nebraska, King Lake's income is 100% below the state average of $65,895, and home values are 100% below the state median of $125,824.
Why Live in King Lake, NE?
King Lake offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 0.0%, better than the national average. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, King Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
King Lake has a population of 22 with a median age of 66.3 years. Compare King Lake with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near King Lake
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 King Lake
What is the population of King Lake, NE?
The population of King Lake, NE is 22 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 King Lake?
The median household income in King Lake, NE is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in King Lake?
The median home value in King Lake, NE is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in King Lake?
The median monthly rent in King Lake, NE is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in King Lake?
The unemployment rate in King Lake, NE is 50.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is King Lake, NE a good place to live?
King Lake offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 22 and a median age of 66.3, the city appeals to established professionals and retirees.
How educated is King Lake, NE?
0.0% of residents in King Lake 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 King Lake?
Key cost-of-living indicators for King Lake, NE: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in King Lake?
The poverty rate in King Lake, NE is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is King Lake, NE?
King Lake's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.