Living in Preston, Nebraska

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

Preston has 16 residents with a median age of 66.5. The median household income is $50,417 (34% lower than the Nebraska median), the median home value is $103,100.

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

Preston at a glance

Population
16
Median age
66.5State: 37.2
Median household income
$50,417State: $76,475
Median home value
$103,100State: $238,600
Homeowners
100%
Bachelor's degree or higher
18.8%
Average commute
23 min

Is Preston a good place to live?

Pros: Home values 57% lower than the state median.

Cons: Median household income 34% lower than the Nebraska median; an average commute of 23 minutes.

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

Cost of living in Preston

Housing is the biggest part of the cost of living. In Preston the median home value is $103,100, 69% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.

Median home value

Preston$103,100
Nebraska$238,600
United States$332,700

Median monthly rent

Nebraska$1,072
United States$1,413

Preston median household income

The median household income in Preston is $50,417 and the income per person is $31,138. 0% of residents live below the poverty line (Nebraska: 10.6%).

Median household income

Preston$50,417
Nebraska$76,475
United States$80,734

Housing in Preston: homes for sale and rent

Housing units
11
Owner-occupied
100%
Renter-occupied
0%
Vacant
18.2%Includes seasonal homes
Median year built
1976
Average household size
1.78

Preston demographics

Population
16
Median age
66.5
Under 18
0%
65 and older
50%
Households
9
Foreign-born
0%
Veterans
0%Adults 18+

Race and ethnicity

White81.3%
Hispanic or Latino6.3%
Black0%
Asian0%

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

Education in Preston

18.8% of adults 25 and older in Preston have a bachelor's degree or higher (Nebraska: 34.6%), and 18.8% have a graduate or professional degree.

Bachelor's degree or higher

Preston18.8%
Nebraska34.6%
United States35.7%

Jobs and commute in Preston

Unemployment rate
0%State: 3%
Average commute
23 minState: 19 min
Work from home
0%
Drive alone
66.7%
Public transit
0%
Walk to work
0%
Homes with broadband
100%

Preston vs nearby towns

TownPopulationMedian incomeHome valueRent
Preston16$50,417$103,100—
Falls City4,077$51,706$89,800$714
Rulo164$45,625$94,600—
Morrill210$67,750$65,000—
White Cloud117$47,031$92,100$510
Hiawatha3,197$68,750$121,800$652
Verdon185$78,750$55,000—
Craig113$37,292$44,400$810

More for people moving to Preston

Preston ZIP code ›Weather and climate ›

Living in Preston: FAQ

What is the median household income in Preston, NE?

The median household income in Preston is $50,417, 34% 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 Preston?

The median home value in Preston is $103,100, compared with $238,600 in Nebraska.

Is Preston, NE a good place to live?

Pluses: home values 57% lower than the state median. Minuses: median household income 34% lower than the Nebraska median; an average commute of 23 minutes.

What is the median age in Preston?

The median age in Preston is 66.5 years (Nebraska: 37.2).

How long is the commute in Preston?

The average commute to work in Preston is 23 minutes; 0% of workers work from home.

What is the unemployment rate in Preston?

The unemployment rate in Preston is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Preston?

18.8% of adults in Preston 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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