Living in Octavia, Nebraska
Cost of living, income, home prices, rent and demographics of Octavia · Census data 2020–2024
Octavia has 153 residents with a median age of 42.8. The median household income is $59,375 (22% lower than the Nebraska median), the median home value is $100,000.
Octavia is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Octavia at a glance
- Population
- 153
- Median age
- 42.8State: 37.2
- Median household income
- $59,375State: $76,475
- Median home value
- $100,000State: $238,600
- Homeowners
- 82.4%
- Bachelor's degree or higher
- 7.8%
- Average commute
- 26 min
Is Octavia a good place to live?
Pros: Home values 58% lower than the state median.
Cons: Median household income 22% lower than the Nebraska median; an average commute of 26 minutes; a poverty rate of 31.4%.
The weather is best in May–June and August–September.
Cost of living in Octavia
Housing is the biggest part of the cost of living. In Octavia the median home value is $100,000, 70% lower than the U.S. median. Renters pay a median of — per month, which is 42.5% of household income. Homeowners with a mortgage pay $920 a month in housing costs.
Octavia median household income
The median household income in Octavia is $59,375 and the income per person is $21,937. 31.4% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Octavia: homes for sale and rent
- Housing units
- 56
- Owner-occupied
- 82.4%
- Renter-occupied
- 17.6%
- Vacant
- 8.9%Includes seasonal homes
- Median year built
- 1945
- Average household size
- 3.00
Octavia demographics
- Population
- 153
- Median age
- 42.8
- Under 18
- 37.9%
- 65 and older
- 27.5%
- Households
- 51
- Foreign-born
- 10.5%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Octavia ›
Education in Octavia
7.8% of adults 25 and older in Octavia have a bachelor's degree or higher (Nebraska: 34.6%), and 5.6% have a graduate or professional degree.
Jobs and commute in Octavia
- Unemployment rate
- 0%State: 3%
- Average commute
- 26 minState: 19 min
- Work from home
- 7.8%
- Drive alone
- 90.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.2%
Octavia vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Octavia | 153 | $59,375 | $100,000 | — |
| Bruno | 104 | $37,212 | — | $725 |
| Schuyler | 6,578 | $80,399 | $145,700 | $1,049 |
| David City | 3,017 | $65,573 | $165,200 | $767 |
| Bellwood | 492 | $72,639 | $147,900 | $786 |
| Brainard | 303 | $68,750 | $172,800 | $756 |
| Prague | 310 | $74,375 | $98,200 | $850 |
| Rising City | 256 | $90,139 | $135,900 | $580 |
| North Bend | 1,152 | $85,882 | $172,800 | $1,315 |
More for people moving to Octavia
Octavia ZIP code ›Weather and climate ›Living in Octavia: FAQ
What is the median household income in Octavia, NE?
The median household income in Octavia is $59,375, 22% 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 Octavia?
The median home value in Octavia is $100,000, compared with $238,600 in Nebraska.
Is Octavia, NE a good place to live?
Pluses: home values 58% lower than the state median. Minuses: median household income 22% lower than the Nebraska median; an average commute of 26 minutes; a poverty rate of 31.4%.
What is the median age in Octavia?
The median age in Octavia is 42.8 years (Nebraska: 37.2).
How long is the commute in Octavia?
The average commute to work in Octavia is 26 minutes; 7.8% of workers work from home.
What is the unemployment rate in Octavia?
The unemployment rate in Octavia is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Octavia?
7.8% of adults in Octavia 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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