Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.8 yrs |
|---|---|
| Avg HH Size | 2.15 |
| Below Poverty | 10.4% ≈ Avg |
| College Grads | 36.0% ≈ Avg |
| Unemployment | 5.2% ≈ Avg |
| No HS Diploma | 11 (0.4%) |
| HS Graduate | 1,287 (42%) |
| Some College | 361 (11.8%) |
| Associates | 303 (9.9%) |
| Bachelors | 276 (9%) |
| Graduate Degree | 825 (26.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $49,065 ▼ 36% below avg |
|---|---|
| Median Home Value | $97,700 ▼ 65% below avg |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $718/mo |
| Total Housing Units | 2,447 |
| Vacant Units | 225 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Falls City is a city in Nebraska, located in Richardson County. The city spans 1 ZIP code and is home to approximately 4,872 residents. It is a middle-aged city, with a median age of 41.8 years.
Economically, Falls City is a working-class community. The median household income of $49,065 is below the national average. Approximately 10.4% of residents live below the poverty line. The unemployment rate is 5.2%, near the national average.
The real estate market in Falls City is one of the more affordable housing markets in the country. Median home values stand at $97,700, which is well below the national average. Renters typically pay around $718 per month. Homeownership is high at 71.6%, typical of suburban and family-oriented communities.
The population of Falls City is moderately educated. 36.0% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (91.36%).
Falls City, NE offers residents a cost-conscious lifestyle within Nebraska.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 68355 | 4,872 | $49,065 | $97,700 | $718 | 5.2% | 36.0% | 71.6% |