Maxwell, NE
Population 230 · Nebraska
About Maxwell, NE
Maxwell is a small community located in Nebraska with a population of 230 residents according to the latest US Census Bureau American Community Survey data. The median household income is $78,750 per year, which is 5% above the national median of $75,149. The median age of 42.1 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 Maxwell features a median home value of $89,700, which is 63% below the national median of $244,900. This makes Maxwell one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $821, 29% below the national average of $1,163/month. Of the 111 total housing units, 76% are owner-occupied (65 units) and 24% are renter-occupied (21 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Maxwell shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 4.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Maxwell have an average one-way commute time of 16.6 minutes, one of the shorter commutes in the region.
Education & Demographics
9.5% of Maxwell 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 3.0% White, 2.6% 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 Maxwell, NE
Compared to national averages, Maxwell has a median household income of $78,750 (5% above the national median of $75,149). Home values average $89,700, which is 63% below the national median. Monthly rent at $821 is 29% below the US average of $1,163. Within Nebraska, Maxwell's income is 20% above the state average of $65,895, and home values are 29% below the state median of $125,824.
Why Live in Maxwell, NE?
Maxwell offers a strong local economy with a median household income of $78,750, well above the national average, and affordable housing with a median home value of $89,700, below the US average of $244,900, and rent that’s lower than the national average at $821/month. Additionally, the city features a low poverty rate of 4.3%, better than the national average, and short commute times averaging just 16.6 minutes.
Maxwell has a population of 230 with a median age of 42.1 years. Compare Maxwell 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 Maxwell
What is the population of Maxwell, NE?
The population of Maxwell, NE is 230 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 Maxwell?
The median household income in Maxwell, NE is $78,750 per year, which is 5% above the national median of $75,149.
What is the median home value in Maxwell?
The median home value in Maxwell, NE is $89,700, which is 63% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Maxwell?
The median monthly rent in Maxwell, NE is $821, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Maxwell?
The unemployment rate in Maxwell, NE is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Maxwell, NE a good place to live?
Maxwell offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 230 and a median age of 42.1, the city appeals to a broad range of residents.
How educated is Maxwell, NE?
9.5% of residents in Maxwell 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 Maxwell?
Key cost-of-living indicators for Maxwell, NE: median home value is $89,700 (63% below national), median rent is $821/month, and median household income is $78,750. The home-value-to-income ratio is 1.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Maxwell?
The poverty rate in Maxwell, NE is 4.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Maxwell, NE?
Maxwell's population is 3.0% White, 2.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.9% two or more races. 0.0% of residents are foreign-born.