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
Compare with nearby places
Places of similar size in Nebraska.
- Ogallala city 4,800
- Aurora city 4,665
- Waverly city 4,363
- Cozad city 3,944
- Fairbury city 3,905
- O'Neill city 3,574
- Broken Bow city 3,524
Keep going
More Nebraska coverage.