A-

Farwell, NE

Source:

Affordability Score: 81/100

Population: 301 · 1 ZIP codes

The affordability dashboard for Farwell, NE aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 301 residents, then layers in county-level federal data to produce an overall grade of A- (81/100). The headline inputs are median household income of $103,750, median home value of $156,300, median rent of $580 per month, and 29.3% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,049 per month (studio $752, 1BR $910, 3BR $1,258, 4BR $1,389). Department of Labor data lists infant center-based childcare at $9,737 per year, consuming 9% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Farwell, NE include income, housing, rent, childcare. Unemployment currently reads 0.0% and poverty 4.0% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A-
$103,750
Median household income
Education D
29.3%
Bachelor's degree or higher
Housing A+
1.5x
Home value $156,300 vs income
Commute N/A
N/A
Average commute time
Rent A+
$1,049/mo
2BR fair market rent (12% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare B+
$9,737/yr
Center-based infant care (9% of income)

Income & Employment

Median Income
$103,750
▲ 67% vs national
Per Capita Income
$46,565
Unemployment Rate
0.0%
Poverty Rate
4.0%

Housing

Median Home Value
$156,300
▼ 43% vs national
Median Rent
$580/mo
Owner Occupied
75.0%
2BR Fair Market Rent
$1,049/mo
▼ 13% vs national

Fair Market Rents by Bedroom

Studio
$752
1BR
$910
2BR
$1,049
3BR
$1,258
4BR
$1,389

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
29.3%
▼ 1 ppt vs national
High School+
69.9%
Median Age
49.9
Avg. Commute

Childcare Costs

Infant (Center)
$9,737/yr
9% of income
Toddler (Center)
$9,230/yr
Preschool (Center)
$8,450/yr
School-Age (Center)
$8,190/yr

What This Means

Farwell, NE receives an overall affordability grade of A- (81/100), aggregated from 1 ZIP codes with a total population of 301. This area performs well in income and housing and rent and childcare. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Farwell, NE affordable?
Farwell, NE receives an overall affordability grade of A- (81/100) based on Census, HUD, FBI, and DOL data. Median household income is $103,750. Median home value is $156,300.
What is the cost of living in Farwell?
Key cost metrics: Median rent $580/mo. 2BR fair market rent $1,049/mo. Infant childcare $9,737/yr. Median home value $156,300.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →