Stratton is located in Hitchcock County just north of the Kansas boarder, between Benkelman and Trenton along US Hwy 34 and the Republican River. Also situated just to the west of Swanson Reservoir State Rec Area.
The population estimate for July 1, 1998 was 373, a decrease of 54 since 1990.
Named in the honor of one of the first settlers, Mary Stratton, who traded her 80 acre "squatter's rights" claim to the CB&Q Railroad.
During the fall months in Stratton, the west end of Swanson Lake provides natural habitat for whitetail and mule deer, pheasant, dove, quail, and wild turkey. Waterfowl including Canadian Geese, and numerous species of duck are also present in the field. Stratton is also close to near-by game such as Antelope.
The summer months offer anglers a chance at catching Catfish, Crappie, Walleye, White Bass, Large-mouth Bass, Wiper, Northern Pike, and many other species of fish. Swimming areas are clearly marked around the entire lake and are convenient to campsites.