Martell, NE
Population 124 · Nebraska
About Martell, NE
Martell is a small community located in Nebraska with a population of 124 residents according to the latest US Census Bureau American Community Survey data. The median household income is $81,458 per year, which is 8% above the national median of $75,149. The median age of 61.9 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 Martell features a median home value of $180,900, which is 26% below the national median of $244,900. This positions Martell in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 79 total housing units, 100% are owner-occupied (79 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Martell 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 12.9%, above the national average of 12.4%. Workers in Martell have an average one-way commute time of 22.4 minutes.
Education & Demographics
26.6% of Martell 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 0.0% 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 Martell, NE
Compared to national averages, Martell has a median household income of $81,458 (8% above the national median of $75,149). Home values average $180,900, which is 26% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Nebraska, Martell's income is 24% above the state average of $65,895, and home values are 44% above the state median of $125,824.
Why Live in Martell, NE?
Martell offers a strong local economy with a median household income of $81,458, well above the national average, and affordable housing with a median home value of $180,900, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and short commute times averaging just 22.4 minutes.
Martell has a population of 124 with a median age of 61.9 years. Compare Martell 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 Martell
What is the population of Martell, NE?
The population of Martell, NE is 124 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 Martell?
The median household income in Martell, NE is $81,458 per year, which is 8% above the national median of $75,149.
What is the median home value in Martell?
The median home value in Martell, NE is $180,900, which is 26% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Martell?
The median monthly rent in Martell, NE is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Martell?
The unemployment rate in Martell, 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 Martell, NE a good place to live?
Martell offers above-average incomes, affordable housing, and a strong job market. With a population of 124 and a median age of 61.9, the city appeals to established professionals and retirees.
How educated is Martell, NE?
26.6% of residents in Martell 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 Martell?
Key cost-of-living indicators for Martell, NE: median home value is $180,900 (26% below national), median rent is $0/month, and median household income is $81,458. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Martell?
The poverty rate in Martell, NE is 12.9%, 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 Martell, NE?
Martell'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.