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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

Income Overview

Median Household Income
$46,500
38% below
US avg: $75,149
Per Capita Income
$33,775
14% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
11.5%
7% below
US avg: 12.4%

Income Comparison: Farnam vs. U.S. Average

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

Median Household
US: $75,149
$46,500
62%
Per Capita
US: $39,052
$33,775
86%
IRS Avg AGI
US: $72,000
$57,503
80%
Avg Weekly Wage
US: $1,432
$807
56%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$807
44% below US avg ($1,432)
Mean Commute Time
31 min
12% above US avg (28 min)
Work From Home
1.2%
92% below US avg (15.2%)
Drive Alone
81.9%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$104M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 81.9%
Public Transit 0%
Work From Home 1.2%
Other 16.9%
Average commute time
31 minutes
US avg: 28 min

Business Landscape

Total Establishments
98
Restaurants
5
Healthcare
8
Retail
12

Tax & Financial

IRS Avg Adjusted Gross Income
$57,503
20% below US avg ($72,000)
Cost of Living Index
90.1
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$46,500
Per Capita Income$33,775
IRS Avg Adjusted Gross Income$57,503
Avg Weekly Wage$807
County GDP$104M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate11.5%
Gini Coefficient0.392
Cost of Living Index90.1

Commute

Mean Commute31 minutes
Drive Alone81.9%
Public Transit0.0%
Work From Home1.2%

Businesses

Total Establishments98
Restaurants5
Healthcare8
Retail12

Tax

IRS Avg AGI$57,503