Venango, NE
Population 166 · Nebraska
About Venango, NE
Venango is a small community located in Nebraska with a population of 166 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,313 per year, which is 6% below the national median of $75,149. The median age of 40.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Venango features a median home value of $56,400, which is 77% below the national median of $244,900. This makes Venango one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,321, 14% above the national average of $1,163/month. Of the 82 total housing units, 79% are owner-occupied (52 units) and 21% are renter-occupied (14 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Venango shows an unemployment rate of 8.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Venango have an average one-way commute time of 41.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
15.7% of Venango 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 1.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Venango, NE
Compared to national averages, Venango has a median household income of $70,313 (6% below the national median of $75,149). Home values average $56,400, which is 77% below the national median. Monthly rent at $1,321 is 14% above the US average of $1,163. Within Nebraska, Venango's income is 7% above the state average of $65,895, and home values are 55% below the state median of $125,824.
Why Live in Venango, NE?
Venango offers affordable housing with a median home value of $56,400, below the US average of $244,900, and a low poverty rate of 7.8%, better than the national average.
Potential considerations include median household income ($70,313) that falls below the national average. However, Venango’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Venango has a population of 166 with a median age of 40.7 years. Compare Venango 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 Venango
What is the population of Venango, NE?
The population of Venango, NE is 166 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 Venango?
The median household income in Venango, NE is $70,313 per year, which is 6% below the national median of $75,149.
What is the median home value in Venango?
The median home value in Venango, NE is $56,400, which is 77% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Venango?
The median monthly rent in Venango, NE is $1,321, which is 14% above the national average of $1,163/month.
What is the unemployment rate in Venango?
The unemployment rate in Venango, NE is 8.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Venango, NE a good place to live?
Venango offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 166 and a median age of 40.7, the city appeals to a broad range of residents.
How educated is Venango, NE?
15.7% of residents in Venango 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 Venango?
Key cost-of-living indicators for Venango, NE: median home value is $56,400 (77% below national), median rent is $1,321/month, and median household income is $70,313. The home-value-to-income ratio is 0.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Venango?
The poverty rate in Venango, NE is 7.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Venango, NE?
Venango's population is 1.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.