Valparaiso, NE
Population 553 · Nebraska
About Valparaiso, NE
Valparaiso is a small community in Nebraska with a population of 553 residents. The median household income is $72,750 per year, which is above the national average. The median age in Valparaiso is 43.1 years.
Housing in Valparaiso has a median home value of $190,500 and median monthly rent of $735. Of the 268 total housing units, the majority are owner-occupied, with 208 owner-occupied and 35 renter-occupied units.
The unemployment rate in Valparaiso is 1.0% and the poverty rate is 4.0%. 21.1% of residents hold a bachelor's degree or higher. The average commute time is 31.6 minutes.
Cost of Living in Valparaiso, NE
Compared to national averages, Valparaiso has a median household income of $72,750 (3% below the national median of $75,149). Home values average $190,500, which is 22% below the national median. Monthly rent at $735 is 37% below the US average of $1,163. Within Nebraska, Valparaiso's income is 10% above the state average of $65,895, and home values are 51% above the state median of $125,824.
Why Live in Valparaiso, NE?
Valparaiso offers affordable housing with a median home value of $190,500, below the US average of $244,900, and rent that’s lower than the national average at $735/month, and a strong job market with an unemployment rate of just 1.0%. Additionally, the city features a low poverty rate of 4.0%, better than the national average.
Potential considerations include median household income ($72,750) that falls below the national average. However, Valparaiso’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Valparaiso has a population of 553 with a median age of 43.1 years. Compare Valparaiso with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Valparaiso
Cities in Nebraska with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Valparaiso With Other Cities
Frequently Asked Questions about Valparaiso
What is the population of Valparaiso, NE?
The population of Valparaiso, NE is 553 according to the latest Census data.
What is the median household income in Valparaiso?
The median household income in Valparaiso, NE is $72,750 per year.
What is the median home value in Valparaiso?
The median home value in Valparaiso, NE is $190,500.
What is the average rent in Valparaiso?
The median monthly rent in Valparaiso, NE is $735.
What is the unemployment rate in Valparaiso?
The unemployment rate in Valparaiso, NE is 1.0%.