Living in Hershey, Nebraska
Cost of living, income, home prices, rent and demographics of Hershey · Census data 2020–2024
Hershey has 724 residents with a median age of 41.8. The median household income is $91,458 (20% higher than the Nebraska median), the median home value is $172,000, the median rent is $783/month.
Hershey is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Hershey at a glance
- Population
- 724
- Median age
- 41.8State: 37.2
- Median household income
- $91,458State: $76,475
- Median home value
- $172,000State: $238,600
- Median rent
- $783/moState: $1,072
- Homeowners
- 80.4%
- Bachelor's degree or higher
- 17.7%
- Average commute
- 16 min
Is Hershey a good place to live?
Pros: Median household income 20% higher than the Nebraska median; home values 28% lower than the state median; an average commute of 16 minutes; unemployment of 0.3%; a poverty rate of 7%.
The weather is best in May–June and August–September.
Cost of living in Hershey
Housing is the biggest part of the cost of living. In Hershey the median home value is $172,000, 48% lower than the U.S. median. Renters pay a median of $783 per month, which is 18.6% of household income. Homeowners with a mortgage pay $1,481 a month in housing costs.
Hershey median household income
The median household income in Hershey is $91,458 and the income per person is $41,600. 7% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Hershey: homes for sale and rent
- Housing units
- 315
- Owner-occupied
- 80.4%
- Renter-occupied
- 19.6%
- Vacant
- 7.6%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.49
Hershey demographics
- Population
- 724
- Median age
- 41.8
- Under 18
- 22.5%
- 65 and older
- 17.4%
- Households
- 291
- Foreign-born
- 2.1%
- Veterans
- 8.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Hershey ›
Education in Hershey
17.7% of adults 25 and older in Hershey have a bachelor's degree or higher (Nebraska: 34.6%), and 3.1% have a graduate or professional degree.
Jobs and commute in Hershey
- Unemployment rate
- 0.3%State: 3%
- Average commute
- 16 minState: 19 min
- Work from home
- 0.8%
- Drive alone
- 84.3%
- Public transit
- 0%
- Walk to work
- 2.1%
- Homes with broadband
- 85.6%
Hershey vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hershey | 724 | $91,458 | $172,000 | $783 |
| Sutherland | 1,209 | $72,857 | $188,200 | $572 |
| North Platte | 22,831 | $58,097 | $169,100 | $921 |
| Paxton | 622 | $66,875 | $131,300 | $848 |
| Wallace | 266 | $63,125 | $107,900 | $732 |
| Maxwell | 174 | $87,500 | $91,300 | $836 |
| Tryon | 142 | $60,833 | $122,200 | $631 |
| Elsie | 139 | $48,333 | $70,000 | $620 |
| Stapleton | 343 | $70,250 | $106,000 | $713 |
More for people moving to Hershey
Hershey ZIP code ›Weather and climate ›Living in Hershey: FAQ
What is the median household income in Hershey, NE?
The median household income in Hershey is $91,458, 20% higher 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 Hershey?
The median home value in Hershey is $172,000, compared with $238,600 in Nebraska.
How much is rent in Hershey?
The median gross rent in Hershey is $783 per month, about 18.6% of household income.
Is Hershey, NE a good place to live?
Pluses: median household income 20% higher than the Nebraska median; home values 28% lower than the state median; an average commute of 16 minutes; unemployment of 0.3%; a poverty rate of 7%.
What is the median age in Hershey?
The median age in Hershey is 41.8 years (Nebraska: 37.2).
How long is the commute in Hershey?
The average commute to work in Hershey is 16 minutes; 0.8% of workers work from home.
What is the unemployment rate in Hershey?
The unemployment rate in Hershey is 0.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hershey?
17.7% of adults in Hershey 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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