Living in Alvo, Nebraska
Cost of living, income, home prices, rent and demographics of Alvo · Census data 2020–2024
Alvo has 123 residents with a median age of 31.4. The median household income is $113,750 (49% higher than the Nebraska median), the median home value is $187,500.
Alvo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Alvo at a glance
- Population
- 123
- Median age
- 31.4State: 37.2
- Median household income
- $113,750State: $76,475
- Median home value
- $187,500State: $238,600
- Homeowners
- 98%
- Bachelor's degree or higher
- 23.7%
- Average commute
- 28 min
Is Alvo a good place to live?
Pros: Median household income 49% higher than the Nebraska median; home values 21% lower than the state median; a poverty rate of 6.5%.
Cons: An average commute of 28 minutes.
The weather is best in May to July and September.
Cost of living in Alvo
Housing is the biggest part of the cost of living. In Alvo the median home value is $187,500, 44% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,344 a month in housing costs.
Alvo median household income
The median household income in Alvo is $113,750 and the income per person is $38,672. 6.5% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Alvo: homes for sale and rent
- Housing units
- 56
- Owner-occupied
- 98%
- Renter-occupied
- 2%
- Vacant
- 12.5%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.51
Alvo demographics
- Population
- 123
- Median age
- 31.4
- Under 18
- 30.1%
- 65 and older
- 4.9%
- Households
- 49
- Foreign-born
- 0%
- Veterans
- 8.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Alvo ›
Education in Alvo
23.7% of adults 25 and older in Alvo have a bachelor's degree or higher (Nebraska: 34.6%), and 0% have a graduate or professional degree.
Jobs and commute in Alvo
- Unemployment rate
- 0%State: 3%
- Average commute
- 28 minState: 19 min
- Work from home
- 4.1%
- Drive alone
- 87.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 91.8%
Alvo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Alvo | 123 | $113,750 | $187,500 | — |
| Eagle | 1,259 | $76,875 | $172,800 | $1,104 |
| Elmwood | 774 | $76,944 | $194,800 | $743 |
| Murdock | 228 | $59,167 | $178,100 | $1,000 |
| Greenwood | 601 | $90,774 | $177,000 | $1,283 |
| Waverly | 4,440 | $111,632 | $316,600 | $1,076 |
| Woodland Hills | 205 | $138,646 | $452,400 | — |
| Walton | 579 | $48,088 | $464,000 | — |
| Palmyra | 589 | $85,139 | $164,500 | $1,188 |
More for people moving to Alvo
Alvo ZIP code ›Weather and climate ›Living in Alvo: FAQ
What is the median household income in Alvo, NE?
The median household income in Alvo is $113,750, 49% higher than the Nebraska median of $76,475 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Alvo?
The median home value in Alvo is $187,500, compared with $238,600 in Nebraska.
Is Alvo, NE a good place to live?
Pluses: median household income 49% higher than the Nebraska median; home values 21% lower than the state median; a poverty rate of 6.5%. Minuses: an average commute of 28 minutes.
What is the median age in Alvo?
The median age in Alvo is 31.4 years (Nebraska: 37.2).
How long is the commute in Alvo?
The average commute to work in Alvo is 28 minutes; 4.1% of workers work from home.
What is the unemployment rate in Alvo?
The unemployment rate in Alvo is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Alvo?
23.7% of adults in Alvo have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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