Living in Falls City, Nebraska
Cost of living, income, home prices, rent and demographics of Falls City · Census data 2020–2024
Falls City has 4,077 residents with a median age of 40.4. The median household income is $51,706 (32% lower than the Nebraska median), the median home value is $89,800, the median rent is $714/month.
Falls City at a glance
- Population
- 4,077
- Median age
- 40.4State: 37.2
- Median household income
- $51,706State: $76,475
- Median home value
- $89,800State: $238,600
- Median rent
- $714/moState: $1,072
- Homeowners
- 73.3%
- Bachelor's degree or higher
- 28.2%
- Average commute
- 17 min
Is Falls City a good place to live?
Pros: Home values 62% lower than the state median; an average commute of 17 minutes.
Cons: Median household income 32% lower than the Nebraska median; unemployment of 5.3%; a poverty rate of 11.4%.
The weather is best in May and August to October.
Cost of living in Falls City
Housing is the biggest part of the cost of living. In Falls City the median home value is $89,800, 73% lower than the U.S. median. Renters pay a median of $714 per month, which is 27.1% of household income. Homeowners with a mortgage pay $1,264 a month in housing costs.
Falls City median household income
The median household income in Falls City is $51,706 and the income per person is $37,512. 11.4% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Falls City: homes for sale and rent
- Housing units
- 1,996
- Owner-occupied
- 73.3%
- Renter-occupied
- 26.7%
- Vacant
- 8.9%Includes seasonal homes
- Median year built
- 1953
- Average household size
- 2.19
Falls City demographics
- Population
- 4,077
- Median age
- 40.4
- Under 18
- 24.9%
- 65 and older
- 22.7%
- Households
- 1,818
- Foreign-born
- 0.5%
- Veterans
- 6.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Falls City ›
Education in Falls City
28.2% of adults 25 and older in Falls City have a bachelor's degree or higher (Nebraska: 34.6%), and 9.3% have a graduate or professional degree.
Jobs and commute in Falls City
- Unemployment rate
- 5.3%State: 3%
- Average commute
- 17 minState: 19 min
- Work from home
- 3.6%
- Drive alone
- 83.1%
- Public transit
- 0%
- Walk to work
- 5.3%
- Homes with broadband
- 83%
Falls City vs nearby towns
More for people moving to Falls City
Falls City ZIP code ›Weather and climate ›Living in Falls City: FAQ
What is the median household income in Falls City, NE?
The median household income in Falls City is $51,706, 32% lower than the Nebraska median of $76,475 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Falls City?
The median home value in Falls City is $89,800, compared with $238,600 in Nebraska.
How much is rent in Falls City?
The median gross rent in Falls City is $714 per month, about 27.1% of household income.
Is Falls City, NE a good place to live?
Pluses: home values 62% lower than the state median; an average commute of 17 minutes. Minuses: median household income 32% lower than the Nebraska median; unemployment of 5.3%; a poverty rate of 11.4%.
What is the median age in Falls City?
The median age in Falls City is 40.4 years (Nebraska: 37.2).
How long is the commute in Falls City?
The average commute to work in Falls City is 17 minutes; 3.6% of workers work from home.
What is the unemployment rate in Falls City?
The unemployment rate in Falls City is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Falls City?
28.2% of adults in Falls City have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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