Falls City, NE
Population 4,099 · Nebraska
About Falls City, NE
Falls City is a small community in Nebraska with a population of 4,099 residents. The median household income is $45,750 per year, which is below the national average. The median age in Falls City is 40.6 years.
Housing in Falls City has a median home value of $91,900 and median monthly rent of $713. Of the 2,034 total housing units, the majority are owner-occupied, with 1,291 owner-occupied and 563 renter-occupied units.
The unemployment rate in Falls City is 6.5% and the poverty rate is 12.5%. 24.4% of residents hold a bachelor's degree or higher. The average commute time is 16.7 minutes.
How Falls City Ranks in Nebraska
Cost of Living in Falls City, NE
Compared to national averages, Falls City has a median household income of $45,750 (39% below the national median of $75,149). Home values average $91,900, which is 62% below the national median. Monthly rent at $713 is 39% below the US average of $1,163. Within Nebraska, Falls City's income is 31% below the state average of $65,895, and home values are 27% below the state median of $125,824.
Why Live in Falls City, NE?
Falls City offers affordable housing with a median home value of $91,900, below the US average of $244,900, and rent that’s lower than the national average at $713/month, and short commute times averaging just 16.7 minutes.
Potential considerations include median household income ($45,750) that falls below the national average. However, Falls City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Falls City has a population of 4,099 with a median age of 40.6 years. Compare Falls City with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Falls City
Cities in Nebraska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cozad | 3,944 | $50,161 | $118,600 | Compare |
| Fairbury | 3,905 | $51,782 | $90,800 | Compare |
| Waverly | 4,363 | $110,000 | $290,000 | Compare |
| O'Neill | 3,574 | $66,458 | $130,900 | Compare |
| Aurora | 4,665 | $71,051 | $221,700 | Compare |
| Broken Bow | 3,524 | $56,438 | $124,600 | Compare |
| West Point | 3,479 | $63,977 | $209,200 | Compare |
| Auburn | 3,468 | $58,674 | $98,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Falls City
What is the population of Falls City, NE?
The population of Falls City, NE is 4,099 according to the latest Census data.
What is the median household income in Falls City?
The median household income in Falls City, NE is $45,750 per year.
What is the median home value in Falls City?
The median home value in Falls City, NE is $91,900.
What is the average rent in Falls City?
The median monthly rent in Falls City, NE is $713.
What is the unemployment rate in Falls City?
The unemployment rate in Falls City, NE is 6.5%.