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The total population of Alvo is estimated to be 105 with 52 males (49.52%) and 53 females (50.48%). There are 1 more females than males in Alvo.
The median household income in Alvo was $83,095 in 2021, which marked an an increase of 38,478(86.24%) from $44,617 in 2020. This income is 111.38% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Alvo sees its highest median household income among householders in the age group of 65 years and over old, at $156,957. Overall, the median household income for the village of Alvo stands at $83,095.
In Alvo, the median income for all workers aged 15 years and older, regardless of work hours, was $51,794 for males and $32,427 for females. However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $60,351 for males, while data for females was unavailable due to an insufficient number of sample observations.
In Alvo, population is primarily represented by White households, reporting a median income of $83,095.
In 2022, the population of Alvo was 115, a 0.88% increase year-by-year from 2021. Previously, in 2021, Alvo's population was 114, an increase of 0.88% compared to a population of 113 in 2020.
The median age in Alvo, NE is 34.0, as per 2021 ACS 5-Year Estimates. Of the total population, 27.08% were under the age of 15, 13.54% aged 15 to 29, 36.46% aged 30 to 64, 22.92% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of Alvo population: 97.92% are White and 2.08% are multiracial.