Lake Waconda, NE

Nebraska

Lake Waconda is a small town in Nebraska with a population of 161. Residents earn $140,221 per year, which is 87% above the national average.

4.3 /5.0
A Great
161 Population 1,342/sq mi density
$140,221 Median Income $69,121 per capita
$339,200 Home Value
N/A Median Rent
51°F Avg Temperature
A
Overall
4.3 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$140,221 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$339,200 home value
C+
Education
2.9 / 5.0
23.2% bachelor's degree or higher
Median Income $140,221
87% higher than US avg
Home Value $339,200
20% higher than US avg
Bachelor's+ 23.2%
31% lower than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 0.0%
100% lower than US avg

How Lake Waconda Compares to the U.S. Average (100% = U.S. avg)

People

Population161
Median Age62.8 yrs
Density1,342/mi²
Male / Female50% / 50%
Largest GroupWhite 100%

Economy

A+
Median Income$140,221
Per Capita$69,121
Unemployment0.0%
Poverty0.0%
County GDP$394M

Housing

A+
Home Value$339,200
RentN/A
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

ObesityN/A
UninsuredN/A

Climate

Avg Temp51°F
AQI32 (Good)
Rain34.1 in/yr
Elevation943 ft

Education

C+
Bachelor's+23.2%
High School+100.0%
School Score5.81

Community

2024 VoteR 72% / D 27%
CommuteN/A
Libraries5

Is Lake Waconda a Good Place to Live?

Based on current data, Lake Waconda receives an overall livability score of 4.3 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, a low poverty rate. Lake Waconda stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Lake Waconda is $140,221, which is significantly higher than the national average — 87% above $75,149. This places Lake Waconda among higher-income communities. The job market is very strong with unemployment at just 0.0%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%.

Cost of Living & Housing

The median home value in Lake Waconda is $339,200, 20% above the national median. At just 2.4x median income, home prices are very affordable relative to local earnings.

Education

23.2% of residents hold a bachelor's degree, below the national average of 33.7%. 100.0% have completed high school. Area schools have an average test score of 5.8/10.

Climate & Weather

Lake Waconda experiences four distinct seasons with an average temperature of 51°F. Winters average 24°F in January while summers reach 76°F in July. Annual precipitation totals 34.1 inches, including 24.0 inches of snow. Air quality is rated Good with a median AQI of 32.

Lake Waconda has a population of 161 with a density of 1,342 people per square mile. The median age is 62.8 years, 61% older than the national median of 38.9. The city is predominantly White (100%).

Population

161
Total Population
1,342
People / sq mi
62.8yrs
Median Age
61% above US avg
0.1mi²
Land Area

Gender Distribution

Male 50.3%
Female 49.7%

Race & Ethnicity

Lake Waconda vs U.S. Average

Language Spoken at Home

Other Languages100%

Social Characteristics

Lake Waconda vs U.S. Average

The median household income in Lake Waconda is $140,221, which is 87% above the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 0.0% of residents live below the poverty line.

Income: Lake Waconda vs U.S.

Commute Mode

Income

Median HH Income$140,221
87% above US avg
Per Capita Income$69,121
Avg Weekly Wage$927
IRS Avg AGI$72,410

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate0.0%
100% below US avg
Establishments (County)285
County GDP$394M

Business (County)

Restaurants14
Healthcare13
Retail30
Manufacturing12

Tax & Cost of Living

Property Tax (IRS)$3,425
2% below US avg
Effective Tax Rate1.01%

Commute & Transportation

Work from Home17.4%

Walkability

The median home value in Lake Waconda is $339,200, 20% above the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$339,200
20% above US avg

Real Estate Market (Redfin)

Rental Costs

HUD Fair Market Rent

Studio$706
1 Bedroom$791
2 Bedrooms$1,001
3 Bedrooms$1,274
4 Bedrooms$1,409

Ownership & Property

Owner-Occupied100.0%

Property Tax

Avg Tax (IRS)$3,425
2% below US avg
Effective Rate1.01%

Health Metrics: Lake Waconda vs U.S. Average (%)

Chronic Conditions

Behaviors & Mental Health

Healthcare Access

Premature Death9,007/100K

Food & Exercise

Food Environment6.7/10
Exercise Access28.9%
Healthcare Facilities13

Crime Rates: Lake Waconda vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)3

Safety Score

Lake Waconda has an average annual temperature of 51°F (11°C). Winters average 24°F in January while summers reach 76°F in July. Annual precipitation is 34.1 inches. Air quality is rated Good with a median AQI of 32.

Temperature

24°F Jan (-5°C) 76°F Jul (25°C)
Annual Average51.4°F
5% below US avg
January Average24°F (-5°C)
July Average76°F (25°C)

Precipitation & Snow

Annual Rainfall34.1 inches
10% below US avg
Snowfall24.0 inches/yr

Air Quality

AQI Median32.0
RatingGood

Geography

Elevation943 ft (287 m)
Area0.1 sq mi (0.3 km²)
Population Density1,342/sq mi
Coordinates40.8406°N, 95.8580°W
County FIPS19071
It is classified as Nonmetro — Rural, adjacent. 23.2% of residents hold a bachelor's degree or higher (31% below US avg). In the 2024 election, the county voted Republican by a 44.6-point margin.

2024 Presidential Election (County)

R 71.6%
D 27%

Winner: Republican by 44.6 points

Education

Bachelor's Degree+23.2%
31% below US avg
High School+100.0%
School Test Score5.81
C+ Education Grade (2.9/5.0)

Urban-Rural Classification

RUCC Code 8Nonmetro — Rural, adjacent
Population Density1,342/sq mi
Total Area0.1 sq mi

Infrastructure & Services

Public Libraries5
Healthcare Facilities13
Restaurants14
Retail Stores30

Safety & Disasters

Fatal Crashes (County/yr)3

Commute & Transportation

Work from Home17.4%

Nearby Cities

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