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Hershey, Nebraska Demographics & Population 2026

During the 2020–2024 ACS period, Hershey, Nebraska had a total population of 724, the 161st largest village in Nebraska, with a median household income of $91,458, which is 20% higher than the state average. The poverty rate is 7.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Hershey Quick Facts

Population 724
Median Household Income $91,458
Median Home Value $172,000
Poverty Rate 7.0%
Unemployment Rate 0.3%
Median Age 41.8 years
Homeownership Rate 80.4%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 17.7%
High School Graduation Rate 94.6%
Diversity Index 31/100
Population 724 161st of 583
Median Income $91,458 top 10%
Poverty Rate 7.0% 43% lower than national
Median Home Value $172,000 top 30%

How Hershey Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population671724+7.9%
Median household income$79,375$91,458+15.2%
Median home value$150,000$172,000+14.7%

How Hershey Compares

Economy & Housing

Household Income Distribution

Under $25K 16.8%
$25K-$50K 14.8%
$50K-$100K 23.0%
$100K+ 45.4%
Detailed income brackets
Under $10K
2.1%
$10K-$15K
4.8%
$15K-$20K
6.9%
$20K-$25K
3.1%
$25K-$30K
2.8%
$30K-$35K
4.1%
$35K-$40K
2.8%
$40K-$45K
4.1%
$45K-$50K
1.0%
$50K-$60K
4.5%
$60K-$75K
9.6%
$75K-$100K
8.9%
$100K-$125K
13.4%
$125K-$150K
13.4%
$150K-$200K
6.5%
$200K+
12.0%

Employment

0.3% Unemployment Rate State: 3.0%|National: 5.2%
67.9% Labor Force Participation

Housing Overview

Owner 80.4%
Renter 19.6%
Affordability Index Very Affordable
1.9x home value to income ratio
Median gross rent $783/mo 10.3% of median household income annually

People & Demographics

Diversity Index

31out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Hershey Rankings in Nebraska

#161 Population of 583
#54 Median Income of 519
#339 Education of 583
#124 Home Value of 510

Other Cities in Lincoln County

CityPopulationMedian IncomePovertyHome Value
North Platte 22,831 $58,097 15.4% $169,100
Sutherland 1,209 $72,857 9.8% $188,200
Brady 470 $80,833 6.3% $151,200
Wallace 266 $63,125 3.0% $107,900
Maxwell 174 $87,500 4.6% $91,300
Wellfleet 74 $49,792 1.4% $71,700

Cities Similar to Hershey

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cedar Bluffs782$92,639$167,20030.7%9.6%
Bertrand718$73,672$145,10024.9%4.5%
Humphrey713$73,977$231,30031.5%6.9%
McCool Junction718$118,438$149,50021.3%3.3%
Sterling717$70,313$130,40024.8%11.6%

A note before these figures: with a population of 724, Hershey's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Hershey is a small community located in Nebraska, within Lincoln County. The total population is 724. It ranks as the 161st most populous out of 583 Census-designated places in Nebraska.

Age Demographics

The median age in Hershey is 41.8 years. This is 12% higher than the state median of 37.2 years.

Economy, Income & Housing

The median household income in Hershey is $91,458. This is 20% higher than the state median of $76,475. It is also 13% higher than the national median of $80,734. The poverty rate stands at 7.0%. This is 34% lower than the state poverty rate of 10.6%. The unemployment rate is 0.3%. This is 91% lower than the state rate of 3.0%. The median home value is $172,000. Housing costs are 28% lower than the state median of $238,600. With a home-value-to-income ratio of just 1.9x, Hershey is one of the most affordable housing markets in the area. 80.4% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 66.5%.

Race & Ethnicity

The largest racial or ethnic group in Hershey is White (non-Hispanic), making up 82.2% of the population. Hispanic or Latino residents account for 9.8%.

Education

17.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 49% lower than the state rate of 34.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.6%.

Data Sources & Methodology

All demographic data for Hershey, Nebraska is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 583 Census-designated places in Nebraska. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Hershey, Nebraska?

Hershey, Nebraska has a population of 724 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hershey, NE?

The median household income in Hershey is $91,458, which is 13% higher than the national median of $80,734.

What is the poverty rate in Hershey, NE?

The poverty rate in Hershey is 7.0%. This means approximately 51 residents live below the federal poverty line.

What is the racial makeup of Hershey, Nebraska?

Hershey's population is 82.2% White, 0.0% Black, 9.8% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Hershey, NE?

The median home value in Hershey is $172,000. The home-value-to-income ratio is 1.9x.

How educated is Hershey, Nebraska?

17.7% of adults (25+) in Hershey hold a bachelor's degree or higher, and 3.1% hold a graduate or professional degree.