Living in Elba, Nebraska

Cost of living, income, home prices, rent and demographics of Elba · Census data 2020–2024

Elba has 171 residents with a median age of 45.3. The median household income is $36,250 (53% lower than the Nebraska median), the median home value is $98,300, the median rent is $918/month.

Elba is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Elba at a glance

Population
171
Median age
45.3State: 37.2
Median household income
$36,250State: $76,475
Median home value
$98,300State: $238,600
Median rent
$918/moState: $1,072
Homeowners
58.5%
Bachelor's degree or higher
8.1%
Average commute
24 min

Is Elba a good place to live?

Pros: Home values 59% lower than the state median.

Cons: Median household income 53% lower than the Nebraska median; an average commute of 24 minutes; unemployment of 7.9%; a poverty rate of 10.7%.

The weather is best in May–June and September–October.

Cost of living in Elba

Housing is the biggest part of the cost of living. In Elba the median home value is $98,300, 70% lower than the U.S. median. Renters pay a median of $918 per month, which is 41.8% of household income. Homeowners with a mortgage pay $1,083 a month in housing costs.

Median home value

Elba$98,300
Nebraska$238,600
United States$332,700

Median monthly rent

Elba$918
Nebraska$1,072
United States$1,413

Elba median household income

The median household income in Elba is $36,250 and the income per person is $30,689. 10.7% of residents live below the poverty line (Nebraska: 10.6%).

Median household income

Elba$36,250
Nebraska$76,475
United States$80,734

Housing in Elba: homes for sale and rent

Housing units
103
Owner-occupied
58.5%
Renter-occupied
41.5%
Vacant
8.7%Includes seasonal homes
Median year built
1949
Average household size
1.82

Elba demographics

Population
171
Median age
45.3
Under 18
15.8%
65 and older
18.7%
Households
94
Foreign-born
2.3%
Veterans
7.6%Adults 18+

Race and ethnicity

White86.5%
Hispanic or Latino5.8%
Black1.2%
Asian2.3%

Hispanic or Latino can be of any race. Population history of Elba ›

Education in Elba

8.1% of adults 25 and older in Elba have a bachelor's degree or higher (Nebraska: 34.6%), and 2.4% have a graduate or professional degree.

Bachelor's degree or higher

Elba8.1%
Nebraska34.6%
United States35.7%

Jobs and commute in Elba

Unemployment rate
7.9%State: 3%
Average commute
24 minState: 19 min
Work from home
2.6%
Drive alone
81%
Public transit
0%
Walk to work
3.4%
Homes with broadband
70.2%

Elba vs nearby towns

TownPopulationMedian incomeHome valueRent
Elba171$36,250$98,300$918
St. Paul2,758$62,212$203,300$707
Cushing112$98,478——
Dannebrog235$63,250$127,500$813
Ashton232$69,000$82,900$856
Wolbach283$52,321$67,300$713
Scotia428$45,000$102,800$581
Howard City (Boelus)186$68,750$80,000$675
Palmer403$62,578$123,900$875

More for people moving to Elba

Elba ZIP code ›Weather and climate ›

Living in Elba: FAQ

What is the median household income in Elba, NE?

The median household income in Elba is $36,250, 53% 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 Elba?

The median home value in Elba is $98,300, compared with $238,600 in Nebraska.

How much is rent in Elba?

The median gross rent in Elba is $918 per month, about 41.8% of household income.

Is Elba, NE a good place to live?

Pluses: home values 59% lower than the state median. Minuses: median household income 53% lower than the Nebraska median; an average commute of 24 minutes; unemployment of 7.9%; a poverty rate of 10.7%.

What is the median age in Elba?

The median age in Elba is 45.3 years (Nebraska: 37.2).

How long is the commute in Elba?

The average commute to work in Elba is 24 minutes; 2.6% of workers work from home.

What is the unemployment rate in Elba?

The unemployment rate in Elba is 7.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Elba?

8.1% of adults in Elba 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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