Palisade, NE Profile: Facts & Data

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Palisade, Nebraska - Basic Facts

The Village of Palisade had a population of 281 as of July 1, 2024. Palisade ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Nebraska. See peer rankings below.

The primary coordinate point for Palisade is located at latitude 40.3492 and longitude -101.1077 in Hitchcock County. The formal boundaries for the Village of Palisade encompass a land area of 0.35 sq. miles and a water area of 0 sq. miles. Hitchcock County is in the Central time zone (GMT -6).

While the primary coordinates for Village of Palisade are located in Hitchcock County, it should be noted that the formal boundaries for this community also extend into and Hayes County.

The Village of Palisade 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 Village of Palisade is located within Palisade Election Precinct, a minor civil division (MCD) of Hitchcock County.


Jump to... (On This Page!)
  1. Palisade 2024 Demographic Data
  2. Growth Rates for Palisade (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 - 2024 Demographics
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Palisade, NE Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 281 (100%)
Population in Households 281 (100.0%)
Population in Families 228 (81.1%)
Population in Group Quarters1 0
Population Density 792
Diversity Index2 10
 
 

INCOME

Median Household Income $49,146
Average Household Income $78,172
% of Income for Mortgage4 24%
Per Capita Income $38,391
Wealth Index5 64
Socioeconomic Status Index6 Moderate (58.5)
 

HOUSING

Total HU (Housing Units) 185 (100%)
Owner Occupied HU 105 (56.8%)
Renter Occupied HU 33 (17.8%)
Vacant Housing Units 47 (25.4%)
Median Home Value $189,706
Average Home Value $242,857
Housing Affordability Index3 101
 

HOUSEHOLDS

Total Households 138
Average Household Size 2.04
Family Households 89
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

2020-2024 2024-2029
Population -1.06% -0.36%
Households 0.87% 0.14%
Families   2.56%
Median Household Income   1.29%
Per Capita Income   2.65%
Owner Occupied HU   1.48%

Palisade, NE - Peer Comparisons by Rank and Percentile

The table below compares Palisade to the other 593 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2024 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 # 273 54th
Population Density # 284 52nd
Median Household Income # 552 7th
Housing Affordability Index # 249 42nd
Per Capita Income # 286 52nd
Diversity Index # 510 14th

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

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