Ogallala is located in west Nebraska. Ogallala is between the Keith, Perkins county. Ogallala has 4.96 square miles of land area and 0.06 square miles of water area. As of 2010-2014, the total Ogallala population is 4,644, which has shrunk 5.80% since 2000. The population growth rate is much lower than the state average rate of 8.44% and is much lower than the national average rate of 11.61%. Ogallala median household income is $40,771 in 2010-2014 and has grown by 26.85% since 2000. The income growth rate is lower than the state average rate of 33.50% and is about the same as the national average rate of 27.36%. Ogallala median house value is $91,500 in 2010-2014 and has grown by 35.36% since 2000. The house value growth rate is lower than the state average rate of 47.84% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Ogallala is close to the state average in quality. The Ogallala area code is 308.