Steele City, NE
Population 68 · Nebraska
About Steele City, NE
Steele City is a small community located in Nebraska with a population of 68 residents according to the latest US Census Bureau American Community Survey data. The median household income is $41,250 per year, which is 45% below the national median of $75,149. The median age of 56.3 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 Steele City features a median home value of $24,600, which is 90% below the national median of $244,900. This makes Steele City one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $410, 65% below the national average of $1,163/month. Of the 50 total housing units, 59% are owner-occupied (23 units) and 41% are renter-occupied (16 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Steele City 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 11.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Steele City have an average one-way commute time of 31.3 minutes.
Education & Demographics
3.6% of Steele City 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 19.1% 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 Steele City Ranks in Nebraska
Cost of Living in Steele City, NE
Compared to national averages, Steele City has a median household income of $41,250 (45% below the national median of $75,149). Home values average $24,600, which is 90% below the national median. Monthly rent at $410 is 65% below the US average of $1,163. Within Nebraska, Steele City's income is 37% below the state average of $65,895, and home values are 80% below the state median of $125,824.
Why Live in Steele City, NE?
Steele City offers affordable housing with a median home value of $24,600, below the US average of $244,900, and rent that’s lower than the national average at $410/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 11.8%, better than the national average.
Potential considerations include median household income ($41,250) that falls below the national average. However, Steele City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Steele City has a population of 68 with a median age of 56.3 years. Compare Steele City 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 Steele City
What is the population of Steele City, NE?
The population of Steele City, NE is 68 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 Steele City?
The median household income in Steele City, NE is $41,250 per year, which is 45% below the national median of $75,149.
What is the median home value in Steele City?
The median home value in Steele City, NE is $24,600, which is 90% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Steele City?
The median monthly rent in Steele City, NE is $410, which is 65% below the national average of $1,163/month.
What is the unemployment rate in Steele City?
The unemployment rate in Steele City, 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 Steele City, NE a good place to live?
Steele City offers a moderate cost of living, affordable housing, and a strong job market. With a population of 68 and a median age of 56.3, the city appeals to established professionals and retirees.
How educated is Steele City, NE?
3.6% of residents in Steele City 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 Steele City?
Key cost-of-living indicators for Steele City, NE: median home value is $24,600 (90% below national), median rent is $410/month, and median household income is $41,250. The home-value-to-income ratio is 0.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Steele City?
The poverty rate in Steele City, NE is 11.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Steele City, NE?
Steele City's population is 19.1% 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.