Prague, NE
Population 366 · Nebraska
About Prague, NE
Prague is a small community located in Nebraska with a population of 366 residents according to the latest US Census Bureau American Community Survey data. The median household income is $92,857 per year, which is 24% above the national median of $75,149. The median age of 40.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Prague features a median home value of $95,500, which is 61% below the national median of $244,900. This makes Prague 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 177 total housing units, 88% are owner-occupied (130 units) and 12% are renter-occupied (18 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Prague shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Prague have an average one-way commute time of 33.3 minutes.
Education & Demographics
17.1% of Prague 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, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Prague Ranks in Nebraska
Cost of Living in Prague, NE
Compared to national averages, Prague has a median household income of $92,857 (24% above the national median of $75,149). Home values average $95,500, which is 61% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Nebraska, Prague's income is 41% above the state average of $65,895, and home values are 24% below the state median of $125,824.
Why Live in Prague, NE?
Prague offers a strong local economy with a median household income of $92,857, well above the national average, and affordable housing with a median home value of $95,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 3.0%, and a low poverty rate of 5.0%, better than the national average.
Prague has a population of 366 with a median age of 40.5 years. Compare Prague with other cities to see how it stacks up, or explore all cities in Nebraska.
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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 Prague
What is the population of Prague, NE?
The population of Prague, NE is 366 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 Prague?
The median household income in Prague, NE is $92,857 per year, which is 24% above the national median of $75,149.
What is the median home value in Prague?
The median home value in Prague, NE is $95,500, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Prague?
The median monthly rent in Prague, NE is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Prague?
The unemployment rate in Prague, NE is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Prague, NE a good place to live?
Prague offers above-average incomes, affordable housing, and a strong job market. With a population of 366 and a median age of 40.5, the city appeals to a broad range of residents.
How educated is Prague, NE?
17.1% of residents in Prague 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 Prague?
Key cost-of-living indicators for Prague, NE: median home value is $95,500 (61% below national), median rent is $0/month, and median household income is $92,857. The home-value-to-income ratio is 1.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Prague?
The poverty rate in Prague, NE is 5.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Prague, NE?
Prague's population is 0.3% White, 0.5% 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.