Central City, NE Profile: Facts & Data

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Central City, Nebraska - Basic Facts

The City of Central City had a population of 3,114 as of July 1, 2024. Central City ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Nebraska. See peer rankings below.

The primary coordinate point for Central City is located at latitude 41.1158 and longitude -98.0017 in Merrick County. The formal boundaries for the City of Central City encompass a land area of 2.32 sq. miles and a water area of 0 sq. miles. Merrick County is in the Central time zone (GMT -6).

The City of Central City has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


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

POPULATION

Total Population 3,114 (100%)
Population in Households 2,967 (95.3%)
Population in Families 2,327 (74.7%)
Population in Group Quarters1 147 ( 4.7%)
Population Density 1,279
Diversity Index2 23
 
 

INCOME

Median Household Income $59,270
Average Household Income $75,239
% of Income for Mortgage4 19%
Per Capita Income $30,202
Wealth Index5 51
Socioeconomic Status Index6 Moderate (55.3)
 

HOUSING

Total HU (Housing Units) 1,376 (100%)
Owner Occupied HU 893 (64.9%)
Renter Occupied HU 354 (25.7%)
Vacant Housing Units 129 ( 9.4%)
Median Home Value $180,390
Average Home Value $203,499
Housing Affordability Index3 125
 

HOUSEHOLDS

Total Households 1,247
Average Household Size 2.38
Family Households 769
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 0.58% 0.31%
Households 0.42% 0.16%
Families   0.28%
Median Household Income   2.18%
Per Capita Income   2.23%
Owner Occupied HU   0.27%

Central City, NE - Peer Comparisons by Rank and Percentile

The table below compares Central City 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 # 49 92nd
Population Density # 122 80th
Median Household Income # 430 28th
Housing Affordability Index # 340 57th
Per Capita Income # 516 13th
Diversity Index # 210 65th

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

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