Otoe, NE
Population 228 · Nebraska
About Otoe, NE
Otoe is a small community located in Nebraska with a population of 228 residents according to the latest US Census Bureau American Community Survey data. The median household income is $36,548 per year, which is 51% below the national median of $75,149. The median age of 29.5 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 Otoe features a median home value of $39,200, which is 84% below the national median of $244,900. This makes Otoe one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,297, 12% above the national average of $1,163/month. Of the 113 total housing units, 66% are owner-occupied (53 units) and 34% are renter-occupied (27 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Otoe shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 36.8%, above the national average of 12.4%. Workers in Otoe have an average one-way commute time of 28.9 minutes.
Education & Demographics
5.4% of Otoe 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 0.0% White, 0.4% Hispanic or Latino, 0.9% Black or African American, and 0.0% Asian residents, with 0.9% of the population being foreign-born.
How Otoe Ranks in Nebraska
Cost of Living in Otoe, NE
Compared to national averages, Otoe has a median household income of $36,548 (51% below the national median of $75,149). Home values average $39,200, which is 84% below the national median. Monthly rent at $1,297 is 12% above the US average of $1,163. Within Nebraska, Otoe's income is 45% below the state average of $65,895, and home values are 69% below the state median of $125,824.
Why Live in Otoe, NE?
Otoe offers affordable housing with a median home value of $39,200, below the US average of $244,900, and a strong job market with an unemployment rate of just 3.1%.
Potential considerations include median household income ($36,548) that falls below the national average. However, Otoe’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Otoe has a population of 228 with a median age of 29.5 years. Compare Otoe with other cities to see how it stacks up, or explore all cities in Nebraska.
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Cities in Nebraska with a similar population size.
Demographics
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Economy & Education
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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 Otoe
What is the population of Otoe, NE?
The population of Otoe, NE is 228 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 Otoe?
The median household income in Otoe, NE is $36,548 per year, which is 51% below the national median of $75,149.
What is the median home value in Otoe?
The median home value in Otoe, NE is $39,200, which is 84% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Otoe?
The median monthly rent in Otoe, NE is $1,297, which is 12% above the national average of $1,163/month.
What is the unemployment rate in Otoe?
The unemployment rate in Otoe, NE is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Otoe, NE a good place to live?
Otoe offers a moderate cost of living, affordable housing, and a strong job market. With a population of 228 and a median age of 29.5, the city appeals to young professionals and families.
How educated is Otoe, NE?
5.4% of residents in Otoe 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 Otoe?
Key cost-of-living indicators for Otoe, NE: median home value is $39,200 (84% below national), median rent is $1,297/month, and median household income is $36,548. The home-value-to-income ratio is 1.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Otoe?
The poverty rate in Otoe, NE is 36.8%, 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 Otoe, NE?
Otoe's population is 0.0% White, 0.4% Hispanic or Latino, 0.9% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.9% of residents are foreign-born.