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ZipNumbers

Nebraska · Census place 16655

Falls City city, NE

Quick answer

Falls City city has 4,099 residents, ranking #39 of 593 places in Nebraska. Median household income is $45,750, the median home is worth $91,900 and median gross rent runs $713 a month.

Population
4,099Falls City city residents
Median household income
$45,750Past 12 months, inflation adjusted
Median home value
$91,900Owner-occupied units
Median gross rent
$713Rent plus utilities, monthly
Median age
40.6 yrsAll residents
Homeownership rate
69.6%Owner-occupied households

What the numbers mean in Falls City city

Housing cost measured against local earnings.

A household earning the Falls City city median would spend about 18.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.5% of residents and 69.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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