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ZipNumbers

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

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