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Farnam, NE

Full City Profile · Nebraska · Frontier County County

3.1 /5.0
B Good
169 Population 252/sq mi density
$46,500 Median Income $33,775 per capita
$72,100 Home Value $181,309 Zillow
$708 Median Rent 18.8% income on rent
50°F Avg Temperature 308 sunny days/yr
56 Violent Crime/100K 2,110 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$46,500 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$72,100 home value, $708/mo rent
F
Safety
1.0 / 5.0
56 violent crimes/100K
C+
Education
2.9 / 5.0
24.1% bachelor's degree or higher

Farnam, NE

At a Glance

Median Income
$46,500
38% below
$33,775 per capita
Home Value
$72,100
74% below
Zillow: $181,309
Median Rent
$708/mo
39% below
18.8% of income on rent
Violent Crime
56/100K
85% below
2,110/100K property
Bachelor's Degree+
24.1%
28% below
87.2% high school+
Unemployment
0.0%
100% below
11.5% poverty rate
Obesity Rate
37.3%
16% above
14.1% smoking rate
Avg Temperature
50°F
308 sunny days/yr

How Farnam Compares to the U.S. Average

Each bar shows Farnam's value as a percentage of the national average (100% = U.S. avg)

Income
62%
Home Value
26%
Rent
61%
Poverty
93%
Bachelor's
72%
Unemployment
0%
Crime
15%
Thin vertical line = U.S. national average (100%)

Is Farnam a Good Place to Live?

B
3.1 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Farnam residents earn a median household income of $46,500 , which is 38% below the national average of $75,149. Per capita income is $33,775. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 11.5% of residents live below the poverty line. The area is home to 98 business establishments, including 5 restaurants.

Housing & Cost of Living

The median home value in Farnam is $72,100 , 74% below the national median of $281,900. Zillow estimates the typical home at $181,309. Median rent is $708/month, with 18.8% 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 1955.

Safety & Crime

Farnam reports 56 violent crimes per 100,000 residents , which is 85% below the national average of 380/100K. Property crime is 2,110/100K.

Education

24.1% of adults in Farnam hold a bachelor's degree or higher (28% below the national average). 87.2% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Farnam has an average annual temperature of 50°F (10°C). Winters average 26°F in January while summers reach 75°F in July. The area gets 308 sunny days per year. Annual precipitation totals 23.4 inches. Air quality is rated Good with a median AQI of 32.

Data Overview

People

Population169
Median Age36.8 yrs
Density252/mi²
Male / Female50% / 50%
Foreign Born13.6%
Veterans3.6%

Economy

B+
Median Income$46,500
Per Capita$33,775
Unemployment0.0%
Poverty11.5%
County GDP$104M
Avg Weekly Wage$807

Housing

A+
Home Value$72,100
Rent$708
Ownership72.4%
Zillow$181,309
Housing Units90
Rent Burden18.8%

Crime

F
Violent56/100K
Property2,110/100K

Health

Obesity37.3%
Diabetes8.9%
Smoking14.1%
Heart Disease5.1%
Premature Death8,825/100K

Climate

Avg Temp50°F
Sunny Days308/yr
Rain23.4 in/yr
AQI32 (Good)
Elevation2,758 ft

Education

C+
Bachelor's+24.1%
High School+87.2%
Graduate+13.0%
School Score5.9/10

Community

2024 VoteR 86% / D 13%
Commute31 min
Broadband76.0%
Internet Speed25 Mbps
EV Stations1
Libraries2

Did You Know?

The median home in Farnam was built in 1955.
The nearest airport is North Platte Regional/Lee Bird Field (38 miles).
The Gini coefficient (income inequality) is 0.392 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
34.1% of the population has a disability.
13.6% of residents are foreign-born.
91 declared natural disasters on record.