Living in Palisade, Nebraska
Cost of living, income, home prices, rent and demographics of Palisade · Census data 2020–2024
Palisade has 321 residents with a median age of 39.8. The median household income is $62,813 (18% lower than the Nebraska median), the median home value is $81,300, the median rent is $781/month.
Palisade is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Palisade at a glance
- Population
- 321
- Median age
- 39.8State: 37.2
- Median household income
- $62,813State: $76,475
- Median home value
- $81,300State: $238,600
- Median rent
- $781/moState: $1,072
- Homeowners
- 90.8%
- Bachelor's degree or higher
- 15.5%
- Average commute
- 24 min
Is Palisade a good place to live?
Pros: Home values 66% lower than the state median; unemployment of 0.9%; a poverty rate of 9.3%.
Cons: Median household income 18% lower than the Nebraska median; an average commute of 24 minutes.
The weather is best in May–June and August–September.
Cost of living in Palisade
Housing is the biggest part of the cost of living. In Palisade the median home value is $81,300, 76% lower than the U.S. median. Renters pay a median of $781 per month, which is 22.5% of household income. Homeowners with a mortgage pay $793 a month in housing costs.
Palisade median household income
The median household income in Palisade is $62,813 and the income per person is $25,108. 9.3% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Palisade: homes for sale and rent
- Housing units
- 141
- Owner-occupied
- 90.8%
- Renter-occupied
- 9.2%
- Vacant
- 15.6%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.70
Palisade demographics
- Population
- 321
- Median age
- 39.8
- Under 18
- 23.7%
- 65 and older
- 21.2%
- Households
- 119
- Foreign-born
- 0%
- Veterans
- 13.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Palisade ›
Education in Palisade
15.5% of adults 25 and older in Palisade have a bachelor's degree or higher (Nebraska: 34.6%), and 6.8% have a graduate or professional degree.
Jobs and commute in Palisade
- Unemployment rate
- 0.9%State: 3%
- Average commute
- 24 minState: 19 min
- Work from home
- 2.7%
- Drive alone
- 82%
- Public transit
- 0%
- Walk to work
- 5.4%
- Homes with broadband
- 86.6%
Palisade vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palisade | 321 | $62,813 | $81,300 | $781 |
| Hayes Center | 297 | $58,750 | $85,600 | $763 |
| Trenton | 487 | $45,000 | $69,200 | $525 |
| Wauneta | 531 | $47,143 | $88,100 | $630 |
| Stratton | 342 | $34,643 | $54,100 | $750 |
| Culbertson | 634 | $51,875 | $91,300 | $736 |
| McCook | 7,314 | $56,917 | $154,300 | $823 |
| Imperial | 2,210 | $74,176 | $158,600 | $904 |
| Benkelman | 905 | $42,188 | $114,500 | $700 |
More for people moving to Palisade
Palisade ZIP code ›Weather and climate ›Living in Palisade: FAQ
What is the median household income in Palisade, NE?
The median household income in Palisade is $62,813, 18% 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 Palisade?
The median home value in Palisade is $81,300, compared with $238,600 in Nebraska.
How much is rent in Palisade?
The median gross rent in Palisade is $781 per month, about 22.5% of household income.
Is Palisade, NE a good place to live?
Pluses: home values 66% lower than the state median; unemployment of 0.9%; a poverty rate of 9.3%. Minuses: median household income 18% lower than the Nebraska median; an average commute of 24 minutes.
What is the median age in Palisade?
The median age in Palisade is 39.8 years (Nebraska: 37.2).
How long is the commute in Palisade?
The average commute to work in Palisade is 24 minutes; 2.7% of workers work from home.
What is the unemployment rate in Palisade?
The unemployment rate in Palisade is 0.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palisade?
15.5% of adults in Palisade 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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