Falls City, NE
Full City Profile · Nebraska · Richardson County County
Falls City, NE
At a Glance
How Falls City Compares to the U.S. Average
Each bar shows Falls City's value as a percentage of the national average (100% = U.S. avg)
Is Falls City a Good Place to Live?
Economy & Jobs
Falls City residents earn a median household income of $45,750 , which is 39% below the national average of $75,149. Per capita income is $32,552. The unemployment rate stands at 6.5% (81% above the U.S. rate of 3.6%). 8.2% of residents live below the poverty line. The area is home to 298 business establishments, including 19 restaurants.
Housing & Cost of Living
The median home value in Falls City is $91,900 , 67% below the national median of $281,900. Zillow estimates the typical home at $105,252. Median rent is $713/month, with 25.8% of renters spending more than 30% of income on housing. The cost of living index is 90.1 (100 = national average). The median home was built in 1951.
Education
24.4% of adults in Falls City hold a bachelor's degree or higher (28% below the national average). 92.3% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
Falls City has an average annual temperature of 53°F (12°C). Winters average 26°F in January while summers reach 77°F in July. Annual precipitation totals 34.7 inches.