Farnam, Nebraska Population

Farnam, Nebraska has a population of 171, with a median household income of $54,418.

Current population data for Farnam.

171

👥

Population

171

💰

Median Income

$54,418

📉

Unemployment

3.90%

🏠

Housing Price

$126,118

🚨

Crime Rate

0.80

🌐

Internet Speed

60.60 Mbps

Farnam is a small local community located in Nebraska. The city has a population that is below the average city population in Nebraska, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Nebraska, Farnam provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Farnam has a population of 171, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Farnam is $54,418, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Farnam is about $126,118, making it relatively affordable compared to many cities in Nebraska.

Employment and Safety

The unemployment rate in Farnam is 3.90%, slightly above the state average, suggesting moderate employment conditions. Farnam has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Nebraska, Farnam shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Nebraska, Farnam contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Farnam

What is the population of Farnam?

The population of Farnam is approximately 171.

Is Farnam a good place to live?

Farnam offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Farnam?

The median household income in Farnam is around $54,418.

How expensive is housing in Farnam?

The average housing price in Farnam is approximately $126,118.