Farwell, NE population, income and ZIP codes

Farwell village is a very small community in Nebraska, with 71 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #486 of 593 ranked by population — larger than 18% of them. The median age here is 47.9 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Farwell village earn a median of $58,125 a year, 26% below the national figure of $78,538 and 14% below the $67,419 median for the 119 Nebraska cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 9.9% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Farwell village is valued at $55,000, 81.9% below the national figure and 66% below the $161,800 peer median, while median gross rent runs not published a month. The home-price-to-income ratio works out to 0.9×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 80.6% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

With 71 residents, a handful of survey responses moves every median on this page. Compare Farwell village against its county rather than against national figures.

The Census withheld gross rent for Farwell village because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.