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.
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%).
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+
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.
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
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gresham | 249 | $45,938 | $71,100 | $725 |
| Waco | 178 | $76,250 | $138,800 | — |
| Utica | 1,015 | $88,304 | $188,700 | $967 |
| Ulysses | 190 | $76,458 | $36,300 | $675 |
| Benedict | 280 | $57,500 | $96,300 | $725 |
| Shelby | 684 | $72,955 | $120,500 | — |
| Stromsburg | 1,074 | $58,988 | $159,900 | $846 |
| Staplehurst | 322 | $83,060 | $86,000 | $917 |
| Rising City | 256 | $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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