Oak, NE
Population 57 · Nebraska
About Oak, NE
Oak is a small community located in Nebraska with a population of 57 residents according to the latest US Census Bureau American Community Survey data. The median household income is $43,125 per year, which is 43% below the national median of $75,149. The median age of 38.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Oak features a median home value of $15,600, which is 94% below the national median of $244,900. This makes Oak 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 19 total housing units, 100% are owner-occupied (9 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oak 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 50.9%, above the national average of 12.4%. Workers in Oak have an average one-way commute time of 13.5 minutes, one of the shorter commutes in the region.
Education & Demographics
39.2% of Oak 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.
How Oak Ranks in Nebraska
Cost of Living in Oak, NE
Compared to national averages, Oak has a median household income of $43,125 (43% below the national median of $75,149). Home values average $15,600, which is 94% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Nebraska, Oak's income is 35% below the state average of $65,895, and home values are 88% below the state median of $125,824.
Why Live in Oak, NE?
Oak offers affordable housing with a median home value of $15,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 39.2% of residents hold a bachelor’s degree or higher, and short commute times averaging just 13.5 minutes.
Potential considerations include median household income ($43,125) that falls below the national average. However, Oak’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oak has a population of 57 with a median age of 38.9 years. Compare Oak with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Oak
Cities in Nebraska with a similar population size.
Demographics
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Economy & Education
Housing
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 Oak
What is the population of Oak, NE?
The population of Oak, NE is 57 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 Oak?
The median household income in Oak, NE is $43,125 per year, which is 43% below the national median of $75,149.
What is the median home value in Oak?
The median home value in Oak, NE is $15,600, which is 94% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oak?
The median monthly rent in Oak, NE is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Oak?
The unemployment rate in Oak, 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 Oak, NE a good place to live?
Oak offers a moderate cost of living, affordable housing, and a strong job market. With a population of 57 and a median age of 38.9, the city appeals to a broad range of residents.
How educated is Oak, NE?
39.2% of residents in Oak aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Oak?
Key cost-of-living indicators for Oak, NE: median home value is $15,600 (94% below national), median rent is $0/month, and median household income is $43,125. The home-value-to-income ratio is 0.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oak?
The poverty rate in Oak, NE is 50.9%, 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 Oak, NE?
Oak'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.