Living in Bassett, Nebraska
Cost of living, income, home prices, rent and demographics of Bassett · Census data 2020–2024
Bassett has 580 residents with a median age of 54.1. The median household income is $42,697 (44% lower than the Nebraska median), the median home value is $86,800, the median rent is $651/month.
Bassett is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Bassett at a glance
- Population
- 580
- Median age
- 54.1State: 37.2
- Median household income
- $42,697State: $76,475
- Median home value
- $86,800State: $238,600
- Median rent
- $651/moState: $1,072
- Homeowners
- 65.6%
- Bachelor's degree or higher
- 21.5%
- Average commute
- 9 min
Is Bassett a good place to live?
Pros: Home values 64% lower than the state median; an average commute of 9 minutes; unemployment of 2.4%.
Cons: Median household income 44% lower than the Nebraska median; a poverty rate of 16.6%.
The weather is best in June to September.
Cost of living in Bassett
Housing is the biggest part of the cost of living. In Bassett the median home value is $86,800, 74% lower than the U.S. median. Renters pay a median of $651 per month, which is 27.7% of household income. Homeowners with a mortgage pay $1,054 a month in housing costs.
Bassett median household income
The median household income in Bassett is $42,697 and the income per person is $35,008. 16.6% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Bassett: homes for sale and rent
- Housing units
- 425
- Owner-occupied
- 65.6%
- Renter-occupied
- 34.4%
- Vacant
- 25.4%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 1.75
Bassett demographics
- Population
- 580
- Median age
- 54.1
- Under 18
- 10.9%
- 65 and older
- 31.9%
- Households
- 317
- Foreign-born
- 1.2%
- Veterans
- 3.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Bassett ›
Education in Bassett
21.5% of adults 25 and older in Bassett have a bachelor's degree or higher (Nebraska: 34.6%), and 8% have a graduate or professional degree.
Jobs and commute in Bassett
- Unemployment rate
- 2.4%State: 3%
- Average commute
- 9 minState: 19 min
- Work from home
- 3.9%
- Drive alone
- 79.4%
- Public transit
- 0%
- Walk to work
- 5.5%
- Homes with broadband
- 84.2%
Bassett vs nearby towns
More for people moving to Bassett
Bassett ZIP code ›Weather and climate ›Living in Bassett: FAQ
What is the median household income in Bassett, NE?
The median household income in Bassett is $42,697, 44% lower 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 Bassett?
The median home value in Bassett is $86,800, compared with $238,600 in Nebraska.
How much is rent in Bassett?
The median gross rent in Bassett is $651 per month, about 27.7% of household income.
Is Bassett, NE a good place to live?
Pluses: home values 64% lower than the state median; an average commute of 9 minutes; unemployment of 2.4%. Minuses: median household income 44% lower than the Nebraska median; a poverty rate of 16.6%.
What is the median age in Bassett?
The median age in Bassett is 54.1 years (Nebraska: 37.2).
How long is the commute in Bassett?
The average commute to work in Bassett is 9 minutes; 3.9% of workers work from home.
What is the unemployment rate in Bassett?
The unemployment rate in Bassett is 2.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bassett?
21.5% of adults in Bassett 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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