Living in Gresham, Nebraska

Cost of living, income, home prices, rent and demographics of Gresham · Census data 2020–2024

Gresham has 249 residents with a median age of 39.3. The median household income is $45,938 (40% lower than the Nebraska median), the median home value is $71,100, the median rent is $725/month.

Gresham is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Gresham at a glance

Population
249
Median age
39.3State: 37.2
Median household income
$45,938State: $76,475
Median home value
$71,100State: $238,600
Median rent
$725/moState: $1,072
Homeowners
79%
Bachelor's degree or higher
8.5%
Average commute
29 min

Is Gresham a good place to live?

Pros: Home values 70% lower than the state median.

Cons: Median household income 40% lower than the Nebraska median; an average commute of 29 minutes; unemployment of 4.8%; a poverty rate of 14.6%.

The weather is best in May–June and August–September.

Cost of living in Gresham

Housing is the biggest part of the cost of living. In Gresham the median home value is $71,100, 79% lower than the U.S. median. Renters pay a median of $725 per month, which is 15.9% of household income. Homeowners with a mortgage pay $1,063 a month in housing costs.

Median home value

Gresham$71,100
Nebraska$238,600
United States$332,700

Median monthly rent

Gresham$725
Nebraska$1,072
United States$1,413

Gresham median household income

The median household income in Gresham is $45,938 and the income per person is $27,612. 14.6% of residents live below the poverty line (Nebraska: 10.6%).

Median household income

Gresham$45,938
Nebraska$76,475
United States$80,734

Housing in Gresham: homes for sale and rent

Housing units
142
Owner-occupied
79%
Renter-occupied
21%
Vacant
16.2%Includes seasonal homes
Median year built
1938
Average household size
2.09

Gresham demographics

Population
249
Median age
39.3
Under 18
16.9%
65 and older
18.5%
Households
119
Foreign-born
3.6%
Veterans
6.8%Adults 18+

Race and ethnicity

White89.2%
Hispanic or Latino6.8%
Black0%
Asian0.4%

Hispanic or Latino can be of any race. Population history of Gresham ›

Education in Gresham

8.5% of adults 25 and older in Gresham have a bachelor's degree or higher (Nebraska: 34.6%), and 2.3% have a graduate or professional degree.

Bachelor's degree or higher

Gresham8.5%
Nebraska34.6%
United States35.7%

Jobs and commute in Gresham

Unemployment rate
4.8%State: 3%
Average commute
29 minState: 19 min
Work from home
0.8%
Drive alone
78.2%
Public transit
0%
Walk to work
3.4%
Homes with broadband
93.3%

Gresham vs nearby towns

TownPopulationMedian incomeHome valueRent
Gresham249$45,938$71,100$725
Waco178$76,250$138,800—
Utica1,015$88,304$188,700$967
Ulysses190$76,458$36,300$675
Benedict280$57,500$96,300$725
Shelby684$72,955$120,500—
Stromsburg1,074$58,988$159,900$846
Staplehurst322$83,060$86,000$917
Rising City256$90,139$135,900$580

More for people moving to Gresham

Gresham ZIP code ›Weather and climate ›

Living in Gresham: FAQ

What is the median household income in Gresham, NE?

The median household income in Gresham is $45,938, 40% lower than the Nebraska median of $76,475 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Gresham?

The median home value in Gresham is $71,100, compared with $238,600 in Nebraska.

How much is rent in Gresham?

The median gross rent in Gresham is $725 per month, about 15.9% of household income.

Is Gresham, NE a good place to live?

Pluses: home values 70% lower than the state median. Minuses: median household income 40% lower than the Nebraska median; an average commute of 29 minutes; unemployment of 4.8%; a poverty rate of 14.6%.

What is the median age in Gresham?

The median age in Gresham is 39.3 years (Nebraska: 37.2).

How long is the commute in Gresham?

The average commute to work in Gresham is 29 minutes; 0.8% of workers work from home.

What is the unemployment rate in Gresham?

The unemployment rate in Gresham is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Gresham?

8.5% of adults in Gresham have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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