Preston Census Designated Place, NE Profile: Facts & Data

The Village of Preston (historical) had a population of 16 as of July 1, 2024. Preston Census Designated Place ranks in the lower quartile for Population Density and the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Nebraska. See peer rankings below.

The primary coordinate point for Preston Census Designated Place is located at latitude 40.0344 and longitude -95.5172 in Richardson County. The formal boundaries for the Village of Preston (historical) encompass a land area of 0.06 sq. miles and a water area of 0 sq. miles. Richardson County is in the Central time zone (GMT -6).

The Village of Preston (historical) has a X0 Census Class Code which indicates deleted feature that was a non-governmental entity. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Preston Census Designated Place, NE Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	16 (100%)
Population in Households	16 (100.0%)
Population in Families	12 (75.0%)
Population in Group Quarters¹	0
Population Density	281
Diversity Index²	32


INCOME
Median Household Income	$75,000
Average Household Income	$90,042
% of Income for Mortgage⁴	0%
Per Capita Income	$67,531
Wealth Index⁵	111
Socioeconomic Status Index⁶	High (78.0)

HOUSING
Total HU (Housing Units)	12 (100%)
Owner Occupied HU	11 (91.7%)
Renter Occupied HU	1 ( 8.3%)
Vacant Housing Units	0
Median Home Value	$337,500
Average Home Value	$295,455
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	12
Average Household Size	1.33
Family Households	8
Average Family Size	2.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Preston Census Designated Place, NE - Peer Comparisons by Rank and Percentile

The table below compares Preston Census Designated Place to the other 593 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-3.96%	0.00%
Households	-1.87%	0.00%
Families		-2.64%
Median Household Income		-6.42%
Per Capita Income		2.86%
Owner Occupied HU		1.76%

Variable Description	Rank	Percentile
Total Population	# 582	2nd
Population Density	# 482	19th
Median Household Income	# 241	61st
Housing Affordability Index	# 3	1st
Per Capita Income	# 3	100th
Diversity Index	# 110	82nd

Preston Census Designated Place, NE Profile: Facts & Data

Preston Census Designated Place, Nebraska - Basic Facts

Preston Census Designated Place, NE Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Preston Census Designated Place, NE - Peer Comparisons by Rank and Percentile

Preston Census Designated Place, NE - Most Popular Things to Do

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