McCool Junction, NE
Population 740 · Nebraska
About McCool Junction, NE
McCool Junction is a small community located in Nebraska with a population of 740 residents according to the latest US Census Bureau American Community Survey data. The median household income is $115,833 per year, which is 54% above the national median of $75,149. The median age of 25.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in McCool Junction features a median home value of $138,500, which is 43% below the national median of $244,900. This makes McCool Junction one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $847, 27% below the national average of $1,163/month. Of the 299 total housing units, 86% are owner-occupied (248 units) and 14% are renter-occupied (42 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in McCool Junction shows an unemployment rate of 1.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in McCool Junction have an average one-way commute time of 17.6 minutes, one of the shorter commutes in the region.
Education & Demographics
19.4% of McCool Junction 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 0.3% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.1% Asian residents, with 3.4% of the population being foreign-born.
How McCool Junction Ranks in Nebraska
Cost of Living in McCool Junction, NE
Compared to national averages, McCool Junction has a median household income of $115,833 (54% above the national median of $75,149). Home values average $138,500, which is 43% below the national median. Monthly rent at $847 is 27% below the US average of $1,163. Within Nebraska, McCool Junction's income is 76% above the state average of $65,895, and home values are 10% above the state median of $125,824.
Why Live in McCool Junction, NE?
McCool Junction offers a strong local economy with a median household income of $115,833, well above the national average, and affordable housing with a median home value of $138,500, below the US average of $244,900, and rent that’s lower than the national average at $847/month. Additionally, the city features a strong job market with an unemployment rate of just 1.3%, and a low poverty rate of 6.6%, better than the national average, and short commute times averaging just 17.6 minutes.
McCool Junction has a population of 740 with a median age of 25.9 years. Compare McCool Junction 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 McCool Junction
What is the population of McCool Junction, NE?
The population of McCool Junction, NE is 740 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 McCool Junction?
The median household income in McCool Junction, NE is $115,833 per year, which is 54% above the national median of $75,149.
What is the median home value in McCool Junction?
The median home value in McCool Junction, NE is $138,500, which is 43% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in McCool Junction?
The median monthly rent in McCool Junction, NE is $847, which is 27% below the national average of $1,163/month.
What is the unemployment rate in McCool Junction?
The unemployment rate in McCool Junction, NE is 1.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is McCool Junction, NE a good place to live?
McCool Junction offers above-average incomes, affordable housing, and a strong job market. With a population of 740 and a median age of 25.9, the city appeals to young professionals and families.
How educated is McCool Junction, NE?
19.4% of residents in McCool Junction 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 McCool Junction?
Key cost-of-living indicators for McCool Junction, NE: median home value is $138,500 (43% below national), median rent is $847/month, and median household income is $115,833. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in McCool Junction?
The poverty rate in McCool Junction, NE is 6.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is McCool Junction, NE?
McCool Junction's population is 0.3% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.1% Asian, and 0.9% two or more races. 3.4% of residents are foreign-born.