Wood Lake, NE
Population 18 · Nebraska
About Wood Lake, NE
Wood Lake is a small community located in Nebraska with a population of 18 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 74.7 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 Wood Lake features a median home value of $0, which is 100% below the national median of $244,900. This makes Wood Lake 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 27 total housing units, 64% are owner-occupied (7 units) and 36% are renter-occupied (4 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Wood Lake 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 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wood Lake have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
38.9% of Wood Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 11.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Wood Lake Ranks in Nebraska
Cost of Living in Wood Lake, NE
Compared to national averages, Wood Lake has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Nebraska, Wood Lake's income is 100% below the state average of $65,895, and home values are 100% below the state median of $125,824.
Why Live in Wood Lake, NE?
Wood Lake offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 38.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Wood Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wood Lake has a population of 18 with a median age of 74.7 years. Compare Wood Lake with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Wood Lake
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 Wood Lake With Other Cities
Frequently Asked Questions about Wood Lake
What is the population of Wood Lake, NE?
The population of Wood Lake, NE is 18 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 Wood Lake?
The median household income in Wood Lake, NE is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Wood Lake?
The median home value in Wood Lake, NE is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wood Lake?
The median monthly rent in Wood Lake, NE is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Wood Lake?
The unemployment rate in Wood Lake, 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 Wood Lake, NE a good place to live?
Wood Lake offers a moderate cost of living, affordable housing, and a strong job market. With a population of 18 and a median age of 74.7, the city appeals to established professionals and retirees.
How educated is Wood Lake, NE?
38.9% of residents in Wood Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Wood Lake?
Key cost-of-living indicators for Wood Lake, NE: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Wood Lake?
The poverty rate in Wood Lake, NE is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wood Lake, NE?
Wood Lake's population is 0.0% White, 11.1% 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.