Valley, NE Profile: Facts & Data

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Valley, Nebraska - Basic Facts

The City of Valley had a population of 3,027 as of July 1, 2023.

The primary coordinate point for Valley is located at latitude 41.3128 and longitude -96.3461 in Douglas County. The formal boundaries for the City of Valley encompass a land area of 3.56 sq. miles and a water area of 0.06 sq. miles. Douglas County is in the Central time zone (GMT -6).

The City of Valley has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Valley is located within Platte Valley Election Precinct, a minor civil division (MCD) of Douglas County.


Jump to... (On This Page!)
  1. Valley 2023 Demographic Data
  2. Growth Rates for Valley (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Nebraska Research Tools (Easy Tools & Current Data)
  3. Nebraska Data Comparison Tool - 2023 Demographics
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Valley, NE Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 3,027 (100%)
Population in Households 2,983 (98.5%)
Population in Families 2,349 (77.6%)
Population in Group Quarters1 44 ( 1.5%)
Population Density 623
Diversity Index2 22
 
 

INCOME

Median Household Income $74,903
Average Household Income $127,064
% of Income for Mortgage4 36%
Per Capita Income $54,378
Wealth Index5 134
Socioeconomic Status Index6 Moderate (60.9)
 

HOUSING

Total HU (Housing Units) 1,581 (100%)
Owner Occupied HU 930 (58.8%)
Renter Occupied HU 365 (23.1%)
Vacant Housing Units 286 (18.1%)
Median Home Value $444,131
Average Home Value $450,215
Housing Affordability Index3 63
 

HOUSEHOLDS

Total Households 1,295
Average Household Size 2.30
Family Households 790
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.10% 0.69%
Households 0.72% 0.79%
Families   0.77%
Median Household Income   2.68%
Per Capita Income   3.49%
Owner Occupied HU   1.82%

Valley, NE - Peer Comparisons by Rank and Percentile

The table below compares Valley to the other 590 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 51 92nd
Population Density # 353 40th
Median Household Income # 200 66th
Housing Affordability Index # 196 33rd
Per Capita Income # 27 96th
Diversity Index # 204 66th

Additional comparisons and rankings can be made with a VERY EASY TO USE Nebraska Census Data Comparison Tool.

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