Amherst is located close to the center of Nebraska. Amherst is part of Buffalo County. Amherst has 0.22 square miles of land area and has no water area. As of 2010-2014, the total Amherst population is 240, which has shrunk 13.36% since 2000. The population growth rate is much lower than the state average rate of 8.44% and is much lower than the national average rate of 11.61%. Amherst median household income is $51,042 in 2010-2014 and has grown by 29.07% since 2000. The income growth rate is lower than the state average rate of 33.50% and is higher than the national average rate of 27.36%. Amherst median house value is $96,900 in 2010-2014 and has grown by 51.17% since 2000. The house value growth rate is higher than the state average rate of 47.84% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Amherst is better than the state average in quality. The Amherst area code is 308.