Hershey is a village in Lincoln County, Nebraska, United States.

[5][6] The locations of the pre-existing O'Fallon's and Nichol's Stations are shown on an 1884 map of Lincoln County.

[11] This included a blacksmith (Alfred Leister), two merchants (Joseph Strickler and Martin Mickelsen), a lumberman (Weston Hill), a liveryman (Horace Stone), a doctor (William Eves), a postmaster (John Pricket), a minister (William Evans), and two railroad foremen.

There were about 64 farm families (including laborers working for others) in the surrounding Nichols Precinct.

[9] Between 1900 and 1920, Hershey grew rapidly and added the structural foundation, commercial attractions, and social amenities of an important economic center for the surrounding area.

In 1913, a bond issue was approved providing for public water and electric lights.

Businesses in Hershey in 1920, in addition to those present in 1900, included two mills (one of which, an alfalfa mill, burned in March 1920), two elevators, a hotel, two banks, three agricultural implement dealers, a cement works, an automobile dealer, a garage, a tire store, a meat market, a drug store, a restaurant, a number of dealers in agricultural products, including stock and hay, a barber, and an Opera House.

[9] Hershey is located between the North and South Platte rivers in the midst of good agricultural land, much of it irrigated.

From an early date, agricultural production emphasized stock raising, alfalfa, and sugar beets.

While the sugar content of the beets raised near Hershey was high, the volume was long insufficient to support a processing plant.

Hershey is located on the Union Pacific Railroad's Overland Route.

According to the United States Census Bureau, the village has a total area of 0.61 square miles (1.58 km2), all land.