Nebraska · Census place 16725
Farnam village, NE
Quick answer
Farnam village has 169 residents, ranking #381 of 593 places in Nebraska. Median household income is $46,500, the median home is worth $72,100 and median gross rent runs $708 a month.
- Population
- 169Farnam village residents
- Median household income
- $46,500Past 12 months, inflation adjusted
- Median home value
- $72,100Owner-occupied units
- Median gross rent
- $708Rent plus utilities, monthly
- Median age
- 36.8 yrsAll residents
- Homeownership rate
- 72.4%Owner-occupied households
What the numbers mean in Farnam village
Housing cost measured against local earnings.
A household earning the Farnam village median would spend about 18.3% 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 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22.5% of residents and 72.4% 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.
Keep going
More Nebraska coverage.