Farwell, NE

Nebraska · Metropolitan Area

Farwell is a small town in Nebraska with a population of 71. Residents earn $58,125 per year, which is 23% below the national average.

3.8 /5.0
B+ Good
71 Population 418/sq mi density
$58,125 Median Income $27,813 per capita
$55,000 Home Value $299,695 Zillow
N/A Median Rent
50°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$58,125 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$55,000 home value
C
Education
2.1 / 5.0
13.2% bachelor's degree or higher
Median Income $58,125
23% lower than US avg
Home Value $55,000
80% lower than US avg
Bachelor's+ 13.2%
61% lower than US avg
Obesity Rate 36.1%
12% higher than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 4.3%
65% lower than US avg

How Farwell Compares to the U.S. Average (100% = U.S. avg)

People

Population71
Median Age47.9 yrs
Density418/mi²
Male / Female47% / 54%
Largest GroupWhite 90%
Veterans60.0%

Economy

A
Median Income$58,125
Per Capita$27,813
Unemployment0.0%
Poverty4.3%
County GDP$288M
Commute46 min

Housing

A+
Home Value$55,000
RentN/A
OwnershipN/A
Zillow$299,695

Crime

ViolentN/A
PropertyN/A

Health

Obesity36.1%
UninsuredN/A
Depression16.1%
Heart Disease5.5%

Climate

Avg Temp50°F
AQI32 (Good)
Rain26.5 in/yr
Elevation2,002 ft

Education

C
Bachelor's+13.2%
High School+90.6%
School Score5.81

Community

2024 VoteR 81% / D 18%
Commute46 min
Broadband31.0%
Libraries1

Is Farwell a Good Place to Live?

Based on current data, Farwell receives an overall livability score of 3.8 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, a low poverty rate. Areas to be aware of include below-average incomes, long commute times. Farwell offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Farwell is $58,125, 23% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. Only 4.3% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 46 minutes, longer than the typical American commute of 28 minutes.

Cost of Living & Housing

The median home value in Farwell is $55,000, 80% below the national median — offering relatively affordable homeownership. At just 0.9x median income, home prices are very affordable relative to local earnings.

Education

13.2% of residents hold a bachelor's degree, below the national average of 33.7%. 90.6% have completed high school. Area schools have an average test score of 5.8/10.

Climate & Weather

Farwell experiences four distinct seasons with an average temperature of 50°F. Winters average 25°F in January while summers reach 76°F in July. Annual precipitation totals 26.5 inches, including 30.7 inches of snow. Air quality is rated Good with a median AQI of 32.

Farwell has a population of 71 with a density of 418 people per square mile. The median age is 47.9 years, 23% older than the national median of 38.9. The city is predominantly White (90.1%).

Population

71
Total Population
418
People / sq mi
47.9yrs
Median Age
23% above US avg
0.2mi²
Land Area

Gender Distribution

Male 46.5%
Female 53.5%

Race & Ethnicity

Farwell vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Farwell vs U.S. Average

The median household income in Farwell is $58,125, which is 23% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 4.3% of residents live below the poverty line. Workers commute an average of 46 minutes.

Income: Farwell vs U.S.

Commute Mode

Income

Median HH Income$58,125
23% below US avg
Per Capita Income$27,813
Avg Weekly Wage$832
IRS Avg AGI$66,708

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate4.3%
65% below US avg
Establishments (County)214
County GDP$288M

Business (County)

Restaurants10
Healthcare10
Retail25
Manufacturing6

Tax & Cost of Living

Property Tax (IRS)$3,950
13% above US avg
Effective Tax Rate7.18%

Commute & Transportation

Commute Time46.3 min
Drive Alone81.8%
Public Transit0.0%
Work from Home0.0%

Walkability

The median home value in Farwell is $55,000, 80% below the national average. Zillow estimates the typical home value at $299,695.

Home Value Sources

Ownership Split

Home Values

Census Median$55,000
80% below US avg
Zillow ZHVI$299,695

Real Estate Market (Redfin)

Rental Costs

HUD Fair Market Rent

Studio$706
1 Bedroom$791
2 Bedrooms$1,001
3 Bedrooms$1,274
4 Bedrooms$1,409

Ownership & Property

Owner-Occupied80.6%

Property Tax

Avg Tax (IRS)$3,950
13% above US avg
Effective Rate7.18%
In Farwell, 36.1% of adults are obese (above the 32.1% national rate). 16.1% report depression. 24.1% are physically inactive.

Health Metrics: Farwell vs U.S. Average (%)

Chronic Conditions

Obesity36.1%
12% above US avg
Diabetes9.0%
Heart Disease5.5%
High Blood Pressure30.6%
Asthma8.5%
COPD5.6%
Stroke2.8%

Behaviors & Mental Health

Binge Drinking20.5%
Physical Inactivity24.1%
Depression16.1%
Mental Distress13.6%
Physical Distress10.9%

Healthcare Access

Insurance Rate90.3%
Checkup Rate67.9%
Premature Death5,022/100K

Food & Exercise

Food Environment8.4/10
Exercise Access53.7%
Healthcare Facilities10

Crime Rates: Farwell vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

FEMA Disasters91

Safety Score

Farwell has an average annual temperature of 50°F (10°C). Winters average 25°F in January while summers reach 76°F in July. Annual precipitation is 26.5 inches. Air quality is rated Good with a median AQI of 32.

Temperature

25°F Jan (-4°C) 76°F Jul (24°C)
Annual Average50.1°F
7% below US avg
January Average25°F (-4°C)
July Average76°F (24°C)

Precipitation & Snow

Annual Rainfall26.5 inches
30% below US avg
Snowfall30.7 inches/yr

Air Quality

AQI Median32.0
RatingGood

Geography

Elevation2,002 ft (610 m)
Area0.2 sq mi (0.4 km²)
Population Density418/sq mi
Coordinates41.2156°N, 98.6281°W
County FIPS31093
It is classified as Metro — under 250K. 13.2% of residents hold a bachelor's degree or higher (61% below US avg). In the 2024 election, the county voted Republican by a 62.7-point margin. 31.0% of households have broadband internet.

2024 Presidential Election (County)

R 80.8%
D 18.1%

Winner: Republican by 62.7 points

Education

Bachelor's Degree+13.2%
61% below US avg
High School+90.6%
School Test Score5.81
C Education Grade (2.1/5.0)

Urban-Rural Classification

RUCC Code 3Metro — under 250K
Population Density418/sq mi
Total Area0.2 sq mi

Infrastructure & Services

Broadband Access31.0%
Public Libraries1
Healthcare Facilities10
Restaurants10
Retail Stores25

Safety & Disasters

FEMA Disaster Declarations91

Commute & Transportation

Avg Commute46.3 min
Drive Alone81.8%
Public Transit0.0%
Work from Home0.0%

Nearby Cities

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