Holdrege is a city located in Phelps County, Nebraska, United States. It is the county seat of Phelps County and has a population of approximately 5,400 people. The city was named after George W. Holdrege, a railroad official. Holdrege is known for its strong agricultural economy and is home to various businesses, schools, parks, and community events. It is located in the central part of the state, about 150 miles west of Lincoln, the capital of Nebraska.