Gresham, NE
Population 257 · Nebraska
About Gresham, NE
Gresham is a small community located in Nebraska with a population of 257 residents according to the latest US Census Bureau American Community Survey data. The median household income is $42,500 per year, which is 43% below the national median of $75,149. The median age of 39.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Gresham features a median home value of $68,300, which is 72% below the national median of $244,900. This makes Gresham one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $533, 54% below the national average of $1,163/month. Of the 151 total housing units, 73% are owner-occupied (95 units) and 27% are renter-occupied (35 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Gresham shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 23.0%, above the national average of 12.4%. Workers in Gresham have an average one-way commute time of 27.1 minutes.
Education & Demographics
8.2% of Gresham residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 4.7% White, 3.1% Hispanic or Latino, 0.8% Black or African American, and 0.0% Asian residents, with 4.7% of the population being foreign-born.
How Gresham Ranks in Nebraska
Cost of Living in Gresham, NE
Compared to national averages, Gresham has a median household income of $42,500 (43% below the national median of $75,149). Home values average $68,300, which is 72% below the national median. Monthly rent at $533 is 54% below the US average of $1,163. Within Nebraska, Gresham's income is 36% below the state average of $65,895, and home values are 46% below the state median of $125,824.
Why Live in Gresham, NE?
Gresham offers affordable housing with a median home value of $68,300, below the US average of $244,900, and rent that’s lower than the national average at $533/month, and a strong job market with an unemployment rate of just 3.2%.
Potential considerations include median household income ($42,500) that falls below the national average. However, Gresham’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gresham has a population of 257 with a median age of 39.9 years. Compare Gresham with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Gresham
Cities in Nebraska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marquette | 257 | $62,083 | $107,700 | Compare |
| Hayes Center | 258 | $70,208 | $83,300 | Compare |
| Woodland Hills | 256 | $134,022 | $419,400 | Compare |
| Douglas | 261 | $82,500 | $111,700 | Compare |
| Gurley | 253 | $59,313 | $75,400 | Compare |
| Madrid | 253 | $71,750 | $101,300 | Compare |
| Rosalie | 252 | $80,000 | $47,900 | Compare |
| North Loup | 263 | $49,141 | $55,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Gresham With Other Cities
Frequently Asked Questions about Gresham
What is the population of Gresham, NE?
The population of Gresham, NE is 257 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Nebraska.
What is the median household income in Gresham?
The median household income in Gresham, NE is $42,500 per year, which is 43% below the national median of $75,149.
What is the median home value in Gresham?
The median home value in Gresham, NE is $68,300, which is 72% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Gresham?
The median monthly rent in Gresham, NE is $533, which is 54% below the national average of $1,163/month.
What is the unemployment rate in Gresham?
The unemployment rate in Gresham, NE is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Gresham, NE a good place to live?
Gresham offers a moderate cost of living, affordable housing, and a strong job market. With a population of 257 and a median age of 39.9, the city appeals to a broad range of residents.
How educated is Gresham, NE?
8.2% of residents in Gresham aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Gresham?
Key cost-of-living indicators for Gresham, NE: median home value is $68,300 (72% below national), median rent is $533/month, and median household income is $42,500. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Gresham?
The poverty rate in Gresham, NE is 23.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Gresham, NE?
Gresham's population is 4.7% White, 3.1% Hispanic or Latino, 0.8% Black or African American, 0.0% Asian, and 0.0% two or more races. 4.7% of residents are foreign-born.