Living in Stratton, Nebraska
Cost of living, income, home prices, rent and demographics of Stratton · Census data 2020–2024
Stratton has 342 residents with a median age of 55. The median household income is $34,643 (55% lower than the Nebraska median), the median home value is $54,100, the median rent is $750/month.
Stratton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Stratton at a glance
- Population
- 342
- Median age
- 55State: 37.2
- Median household income
- $34,643State: $76,475
- Median home value
- $54,100State: $238,600
- Median rent
- $750/moState: $1,072
- Homeowners
- 81.8%
- Bachelor's degree or higher
- 16.2%
- Average commute
- 19 min
Is Stratton a good place to live?
Pros: Home values 77% lower than the state median; an average commute of 19 minutes; unemployment of 2.9%.
Cons: Median household income 55% lower than the Nebraska median; a poverty rate of 21.3%.
The weather is best in May–June and August–September.
Cost of living in Stratton
Housing is the biggest part of the cost of living. In Stratton the median home value is $54,100, 84% lower than the U.S. median. Renters pay a median of $750 per month, which is 22.5% of household income. Homeowners with a mortgage pay $963 a month in housing costs.
Stratton median household income
The median household income in Stratton is $34,643 and the income per person is $27,691. 21.3% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Stratton: homes for sale and rent
- Housing units
- 211
- Owner-occupied
- 81.8%
- Renter-occupied
- 18.2%
- Vacant
- 19.4%Includes seasonal homes
- Median year built
- 1942
- Average household size
- 2.01
Stratton demographics
- Population
- 342
- Median age
- 55
- Under 18
- 19.3%
- 65 and older
- 29.5%
- Households
- 170
- Foreign-born
- 1.2%
- Veterans
- 3.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Stratton ›
Education in Stratton
16.2% of adults 25 and older in Stratton have a bachelor's degree or higher (Nebraska: 34.6%), and 5.3% have a graduate or professional degree.
Jobs and commute in Stratton
- Unemployment rate
- 2.9%State: 3%
- Average commute
- 19 minState: 19 min
- Work from home
- 5.3%
- Drive alone
- 80.5%
- Public transit
- 0%
- Walk to work
- 3%
- Homes with broadband
- 80.6%
Stratton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Stratton | 342 | $34,643 | $54,100 | $750 |
| Trenton | 487 | $45,000 | $69,200 | $525 |
| Palisade | 321 | $62,813 | $81,300 | $781 |
| Benkelman | 905 | $42,188 | $114,500 | $700 |
| Wauneta | 531 | $47,143 | $88,100 | $630 |
| Culbertson | 634 | $51,875 | $91,300 | $736 |
| Atwood | 1,320 | $72,188 | $119,800 | $806 |
| McDonald | 249 | $90,764 | — | — |
| Hayes Center | 297 | $58,750 | $85,600 | $763 |
More for people moving to Stratton
Stratton ZIP code ›Weather and climate ›Living in Stratton: FAQ
What is the median household income in Stratton, NE?
The median household income in Stratton is $34,643, 55% 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 Stratton?
The median home value in Stratton is $54,100, compared with $238,600 in Nebraska.
How much is rent in Stratton?
The median gross rent in Stratton is $750 per month, about 22.5% of household income.
Is Stratton, NE a good place to live?
Pluses: home values 77% lower than the state median; an average commute of 19 minutes; unemployment of 2.9%. Minuses: median household income 55% lower than the Nebraska median; a poverty rate of 21.3%.
What is the median age in Stratton?
The median age in Stratton is 55 years (Nebraska: 37.2).
How long is the commute in Stratton?
The average commute to work in Stratton is 19 minutes; 5.3% of workers work from home.
What is the unemployment rate in Stratton?
The unemployment rate in Stratton is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Stratton?
16.2% of adults in Stratton 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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