Talmage, NE
Population 186 · Nebraska
About Talmage, NE
Talmage is a small community located in Nebraska with a population of 186 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,000 per year, which is 20% below the national median of $75,149. The median age of 44 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 Talmage features a median home value of $51,700, which is 79% below the national median of $244,900. This makes Talmage one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,264, 9% above the national average of $1,163/month. Of the 88 total housing units, 74% are owner-occupied (49 units) and 26% are renter-occupied (17 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Talmage shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 40.9%, above the national average of 12.4%. Workers in Talmage have an average one-way commute time of 24.4 minutes.
Education & Demographics
13.4% of Talmage 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 25.3% 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 Talmage Ranks in Nebraska
Cost of Living in Talmage, NE
Compared to national averages, Talmage has a median household income of $60,000 (20% below the national median of $75,149). Home values average $51,700, which is 79% below the national median. Monthly rent at $1,264 is 9% above the US average of $1,163. Within Nebraska, Talmage's income is 9% below the state average of $65,895, and home values are 59% below the state median of $125,824.
Why Live in Talmage, NE?
Talmage offers affordable housing with a median home value of $51,700, below the US average of $244,900, and short commute times averaging just 24.4 minutes.
Potential considerations include median household income ($60,000) that falls below the national average. However, Talmage’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Talmage has a population of 186 with a median age of 44 years. Compare Talmage with other cities to see how it stacks up, or explore all cities in Nebraska.
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Demographics
Racial & Ethnic Composition
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 Talmage
What is the population of Talmage, NE?
The population of Talmage, NE is 186 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 Talmage?
The median household income in Talmage, NE is $60,000 per year, which is 20% below the national median of $75,149.
What is the median home value in Talmage?
The median home value in Talmage, NE is $51,700, which is 79% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Talmage?
The median monthly rent in Talmage, NE is $1,264, which is 9% above the national average of $1,163/month.
What is the unemployment rate in Talmage?
The unemployment rate in Talmage, NE is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Talmage, NE a good place to live?
Talmage offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 186 and a median age of 44, the city appeals to a broad range of residents.
How educated is Talmage, NE?
13.4% of residents in Talmage 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 Talmage?
Key cost-of-living indicators for Talmage, NE: median home value is $51,700 (79% below national), median rent is $1,264/month, and median household income is $60,000. The home-value-to-income ratio is 0.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Talmage?
The poverty rate in Talmage, NE is 40.9%, 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 Talmage, NE?
Talmage's population is 25.3% 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.