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Falls City city, Nebraska Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, Falls City city, Nebraska has a total population of 4,099, the 39th largest city in Nebraska, with a median household income of $45,750, which is 39% lower than the state average. The poverty rate is 12.5%.

Key Takeaways

Falls City city Quick Facts

Population 4,099
Median Household Income $45,750
Median Home Value $91,900
Poverty Rate 12.5%
Unemployment Rate 6.5%
Median Age 40.6 years
Homeownership Rate 69.6%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 24.4%
High School Graduation Rate 92.3%
Diversity Index 16/100
Population 4,099 39th of 584
Median Income $45,750 bottom 20%
Poverty Rate 12.5% about average national
Median Home Value $91,900 below average

How Falls City city Compares

Economy & Housing

Employment

6.5% Unemployment Rate State: 3.0% | National: 5.2%
57.2% Labor Force Participation

Housing Overview

Owner 69.6%
Renter 30.4%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

16out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Falls City city Rankings in Nebraska

#39 Population of 584
#468 Median Income of 584
#177 Education of 584
#322 Home Value of 584

Other Cities in Richardson County

CityPopulationMedian IncomePovertyHome Value
Humboldt city 780 $45,500 15.0% $68,500

Cities Similar to Falls City city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cozad city3,944$50,161$118,60014.8%15.2%
Fairbury city3,905$51,782$90,80017.1%15.1%
Ogallala city4,800$55,481$135,50023.9%13.6%
Broken Bow city3,524$56,438$124,60020.4%14.6%
Auburn city3,468$58,674$98,90024.7%14.2%

Population Overview

Falls City city is a small community located in Nebraska, within Richardson County. The total population is 4,099. It ranks as the 39th most populous out of 584 cities and towns in Nebraska.

Age Demographics

The median age in Falls City city is 40.6 years. This is 9% higher than the state median of 37.1 years. 11.7% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Falls City city is $45,750. This is 39% lower than the state median of $74,985. Compared to the national median of $78,538, household income here is 42% lower. The poverty rate stands at 12.5%. This is 21% higher than the state poverty rate of 10.3%. The unemployment rate is 6.5%. This is 117% higher than the state rate of 3.0%. The median home value is $91,900. Housing costs are 59% lower than the state median of $223,800. With a home-value-to-income ratio of just 2.0x, Falls City city is one of the most affordable housing markets in the area. 69.6% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 66.5%.

Race & Ethnicity

Falls City city has a predominantly White (non-Hispanic) population, comprising 91.1% of all residents. Hispanic or Latino residents account for 1.6%. The Black or African American population (0.4%) is well below the state average of 4.6%. The Hispanic or Latino population (1.6%) is well below the state average of 12.3%.

Education

24.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% lower than the state rate of 34.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.3%.

Data Sources & Methodology

All demographic data for Falls City city, Nebraska is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 584 Census-designated places in Nebraska. For official data, visit data.census.gov.

Free data download: Get all Nebraska city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Falls City city, Nebraska?

Falls City city, Nebraska has a population of 4,099 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Falls City city, NE?

The median household income in Falls City city is $45,750, which is 42% lower the national median of $78,538.

What is the poverty rate in Falls City city, NE?

The poverty rate in Falls City city is 12.5%. This means approximately 501 residents live below the federal poverty line.

What is the racial makeup of Falls City city, Nebraska?

Falls City city's population is 91.1% White, 0.4% Black, 1.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Falls City city, NE?

The median home value in Falls City city is $91,900. The home-value-to-income ratio is 2.0x.

How educated is Falls City city, Nebraska?

24.4% of adults (25+) in Falls City city hold a bachelor's degree or higher, and 7.9% hold a graduate or professional degree.