Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 65.1 yrs |
|---|---|
| Avg HH Size | 2.16 |
| Below Poverty | 5.5% ▼ 45% below avg |
| College Grads | 20.5% ▼ 47% below avg |
| HS Graduate | 51 (26.8%) |
| Some College | 15 (7.9%) |
| Associates | 85 (44.7%) |
| Bachelors | 8 (4.2%) |
| Graduate Degree | 31 (16.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $51,250 ▼ 33% below avg |
|---|---|
| Median Home Value | $275,000 ≈ Avg |
| Home/Income Ratio | 5.4x (nat avg ~3.5x) |
| Median Rent | $580/mo |
| Total Housing Units | 126 |
| Vacant Units | 16 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Farwell is a city in Nebraska, located in Howard County. The city spans 1 ZIP code and is home to approximately 238 residents. It is an older city, with a median age of 65.1 years.
Economically, Farwell is a working-class community. The median household income of $51,250 is below the national average. Approximately 5.5% of residents live below the poverty line.
The real estate market in Farwell is a mid-range housing market. Median home values stand at $275,000, which is near the national average. Renters typically pay around $580 per month. Homeownership is high at 80.0%, typical of suburban and family-oriented communities.
The population of Farwell is less-educated. 20.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (94.96%).
Farwell, NE offers residents a cost-conscious lifestyle within Nebraska.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 68838 | 238 | $51,250 | $275,000 | $580 | 0.0% | 20.5% | 80.0% |