Osmond, NE
Population 681 · Nebraska
About Osmond, NE
Osmond is a small community located in Nebraska with a population of 681 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,659 per year, which is 7% below the national median of $75,149. The median age of 49.6 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 Osmond features a median home value of $127,500, which is 48% below the national median of $244,900. This makes Osmond one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $683, 41% below the national average of $1,163/month. Of the 354 total housing units, 83% are owner-occupied (226 units) and 17% are renter-occupied (45 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Osmond 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 17.0%, above the national average of 12.4%. Workers in Osmond have an average one-way commute time of 20.7 minutes.
Education & Demographics
20.6% of Osmond 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 0.4% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.3% of the population being foreign-born.
Cost of Living in Osmond, NE
Compared to national averages, Osmond has a median household income of $69,659 (7% below the national median of $75,149). Home values average $127,500, which is 48% below the national median. Monthly rent at $683 is 41% below the US average of $1,163. Within Nebraska, Osmond's income is 6% above the state average of $65,895, and home values are 1% above the state median of $125,824.
Why Live in Osmond, NE?
Osmond offers affordable housing with a median home value of $127,500, below the US average of $244,900, and rent that’s lower than the national average at $683/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 20.7 minutes.
Potential considerations include median household income ($69,659) that falls below the national average. However, Osmond’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Osmond has a population of 681 with a median age of 49.6 years. Compare Osmond 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 Osmond
What is the population of Osmond, NE?
The population of Osmond, NE is 681 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 Osmond?
The median household income in Osmond, NE is $69,659 per year, which is 7% below the national median of $75,149.
What is the median home value in Osmond?
The median home value in Osmond, NE is $127,500, which is 48% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Osmond?
The median monthly rent in Osmond, NE is $683, which is 41% below the national average of $1,163/month.
What is the unemployment rate in Osmond?
The unemployment rate in Osmond, 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 Osmond, NE a good place to live?
Osmond offers a moderate cost of living, affordable housing, and a strong job market. With a population of 681 and a median age of 49.6, the city appeals to established professionals and retirees.
How educated is Osmond, NE?
20.6% of residents in Osmond 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 Osmond?
Key cost-of-living indicators for Osmond, NE: median home value is $127,500 (48% below national), median rent is $683/month, and median household income is $69,659. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Osmond?
The poverty rate in Osmond, NE is 17.0%, 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 Osmond, NE?
Osmond's population is 0.4% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.3% of residents are foreign-born.