Living in Farwell, Nebraska
Cost of living, income, home prices, rent and demographics of Farwell · Census data 2020–2024
Farwell has 78 residents with a median age of 50.5. The median household income is $52,500 (31% lower than the Nebraska median).
Farwell is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Farwell at a glance
- Population
- 78
- Median age
- 50.5State: 37.2
- Median household income
- $52,500State: $76,475
- Homeowners
- 91.7%
- Bachelor's degree or higher
- 18%
- Average commute
- 42 min
Is Farwell a good place to live?
Pros: A poverty rate of 7.7%.
Cons: Median household income 31% lower than the Nebraska median; an average commute of 42 minutes.
The weather is best in May–June and August–September.
Farwell median household income
The median household income in Farwell is $52,500 and the income per person is $28,690. 7.7% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Farwell: homes for sale and rent
- Housing units
- 51
- Owner-occupied
- 91.7%
- Renter-occupied
- 8.3%
- Vacant
- 29.4%Includes seasonal homes
- Median year built
- 1943
- Average household size
- 2.17
Farwell demographics
- Population
- 78
- Median age
- 50.5
- Under 18
- 14.1%
- 65 and older
- 30.8%
- Households
- 36
- Foreign-born
- 0%
- Veterans
- 11.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Farwell ›
Education in Farwell
18% of adults 25 and older in Farwell have a bachelor's degree or higher (Nebraska: 34.6%), and 0% have a graduate or professional degree.
Jobs and commute in Farwell
- Unemployment rate
- 0%State: 3%
- Average commute
- 42 minState: 19 min
- Work from home
- 0%
- Drive alone
- 78.3%
- Public transit
- 0%
- Walk to work
- 8.7%
- Homes with broadband
- 72.2%
Farwell vs nearby towns
More for people moving to Farwell
Farwell ZIP code ›Weather and climate ›Living in Farwell: FAQ
What is the median household income in Farwell, NE?
The median household income in Farwell is $52,500, 31% lower than the Nebraska median of $76,475 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
Is Farwell, NE a good place to live?
Pluses: a poverty rate of 7.7%. Minuses: median household income 31% lower than the Nebraska median; an average commute of 42 minutes.
What is the median age in Farwell?
The median age in Farwell is 50.5 years (Nebraska: 37.2).
How long is the commute in Farwell?
The average commute to work in Farwell is 42 minutes; 0% of workers work from home.
What is the unemployment rate in Farwell?
The unemployment rate in Farwell is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Farwell?
18% of adults in Farwell 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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