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Farwell, NE

Full City Profile · Nebraska · Howard County County

3.1 /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
50°F Avg Temperature 308 sunny days/yr
257 Violent Crime/100K 4,359 property/100K
B
Overall
3.1 / 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, /mo rent
F
Safety
1.0 / 5.0
257 violent crimes/100K
C
Education
2.1 / 5.0
13.2% bachelor's degree or higher

Income Overview

Median Household Income
$58,125
23% below
US avg: $75,149
Per Capita Income
$27,813
29% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
4.3%
65% below
US avg: 12.4%

Income Comparison: Farwell vs. U.S. Average

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

Median Household
US: $75,149
$58,125
77%
Per Capita
US: $39,052
$27,813
71%
IRS Avg AGI
US: $72,000
$66,708
93%
Avg Weekly Wage
US: $1,432
$832
58%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$832
42% below US avg ($1,432)
Mean Commute Time
46 min
68% above US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
81.8%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$288M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 81.8%
Public Transit 0%
Work From Home 0%
Other 18.2%
Average commute time
46 minutes
US avg: 28 min

Business Landscape

Total Establishments
214
Restaurants
10
Healthcare
10
Retail
25
Manufacturing
6

Tax & Financial

IRS Avg Adjusted Gross Income
$66,708
7% below US avg ($72,000)
Avg Property Tax
$3,950
13% above US avg ($3,500)
Cost of Living Index
90.1
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$58,125
Per Capita Income$27,813
IRS Avg Adjusted Gross Income$66,708
Avg Weekly Wage$832
County GDP$288M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate4.3%
Gini Coefficient0.398
Cost of Living Index90.1

Commute

Mean Commute46 minutes
Drive Alone81.8%
Public Transit0.0%
Work From Home0.0%

Businesses

Total Establishments214
Restaurants10
Healthcare10
Retail25
Manufacturing6

Tax

IRS Avg AGI$66,708
Avg Property Tax$3,950