Grafton is located in southeast Nebraska. Grafton is between the Fillmore, York county. Grafton has 0.35 square miles of land area and has no water area. As of 2010-2014, the total Grafton population is 128, which has shrunk 15.79% 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%. Grafton median household income is $36,250 in 2010-2014 and has grown by 31.82% 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%. Grafton median house value is $29,300 in 2010-2014 and has grown by 35.65% since 2000. The house value growth rate is lower than the state average rate of 47.84% and is lower 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 Grafton is better than the state average in quality. The Grafton area code is 402.