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CITY · 2020 ACS

Farnam

Nebraska · 182 residents · 0.673 sq mi
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The short version

Farnam has notably lower household income than the US average, with a median household income of $49,167. Population has fallen 18% since 2000, a loss of 41 residents. Median home value is $46,000.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 43.5
US median: 38.8
Less educated
24% hold a bachelor's degree
US average: 33%
More affordable
home values down 15%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
182
−18%since 2000
from 223 in 2000
1990 – 2025
Population density
270 / sq mi
−18%since 2000
from 331 / sq mi in 2000
US average: 280
Median age
43.5
+9%since 2000
from 39.8 in 2000
US average: 38.8
Population, 1990 – 2024
1101541992432871990201020202024Farnam
2024257
1990201020202024
Section 02

Income & economy

Median household income
$49,167
+34%inflation adjusted, since 2000
from $24,327 in 2000
US average: $66,278
1990 – 2024
Per capita income
$29,474
+146%since 2000
from $11,959 in 2000
US average: $35,364
Households earning $100K+
19.5%
+9.4 ptssince 2009
from 10.1% in 2009
US average: 43.9%
Poverty rate
9.8%
+0.3 ptssince 2000
from 9.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Agriculture, forestry, fishing11.8%
US avg: 1.7%
Construction11.8%
US avg: 1.2%
Retail trade11.8%
US avg: 10%
Finance & insurance11.8%
US avg: 5.5%
Professional, scientific, technical9.4%
US avg: 4.7%
Other services7.1%
US avg: 6.6%
Public administration7.1%
US avg: 4.7%
Information4.7%
US avg: 11.1%
Transportation & warehousing2.4%
US avg: 2.5%
Education & health services2.4%
US avg: 0.8%
Wholesale trade1.2%
US avg: 6.7%
Manufacturing0%
US avg: 0.5%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$46,000
−15%inflation adjusted, since 2000
from $35,800 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$419
−26%inflation adjusted, since 2000
from $375 in 2000
US average: $1,124
Owner-occupied
81.8%
+2.9 ptssince 2000
from 78.9% in 2000
18.2% rent
Afford Score
0.9
−36%since 2000
from 1.5 in 2000
1990 – 2024
RELATED:See current rent listings in Farnam on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.3%(217)
Black0%(0)
Hispanic / Latino0.4%(1)
Asian0%(0)
Other0%
Diversity Score1.1%(3)
2020
White, non-Hispanic91.8%(167)
Black0%(0)
Hispanic / Latino7.1%(13)
Asian0%(0)
Other5.8%(11)
Diversity Score28%(51)
Diversity Score
28
+2352%since 2000
from 1 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
24.3%
+17.4 ptssince 2000
from 6.9% in 2000
US average: 32.9%
High school or higher
90.0%
+5.9 ptssince 2000
from 84.1% in 2000
US average: 88.5%
Graduate degree
15.0%
+12.2 ptssince 2000
from 2.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
27.5 min
+62%since 2000
from 16.9 min in 2000
US average: 26.9
Drive alone to work
74.1%
−3.1 ptssince 2009
from 77.2% in 2009
US average: 75.1%
No vehicle available
0.0%
−2.9 ptssince 2009
from 2.9% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
−7.4 ptssince 2011
from 7.4% in 2011
US average: 5.4%
Labor force participation
55.9%
+7.3 ptssince 2011
from 48.6% in 2011
US average: 63.4%
Management & professional
31.8%
−35.5 ptssince 2009
from 67.2% in 2009
US average: 39.3%
Section 08

People & community

Male
51.4%
+10.9 ptssince 2009
from 40.5% in 2009
Female
48.6%
−10.9 ptssince 2009
from 59.5% in 2009
Foreign born
5.2%
+5.2 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
9.2%
−85.2 ptssince 2013
from 94.4% in 2013
US average: 8.8%
Drill deeper

Places similar to Farnam

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Pop 177
Leipsic
Pop 197
Allentown
Pop 192
Trilby
Pop 197
Places similar to Farnam
Head to head

Compare Farnam to nearby cities

FARNAM VS
Lexington
Income$67,666+38%
Home value$159,100+246%
Population11,176+6179%
SEE FULL COMPARISON →
FARNAM VS
North Platte
Income$58,097+18%
Home value$169,100+268%
Population22,524+12554%
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FARNAM VS
Kearney
Income$69,724+42%
Home value$244,600+432%
Population34,782+19440%
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FARNAM VS
Hastings
Income$64,048+30%
Home value$184,700+302%
Population25,121+14013%
SEE FULL COMPARISON →
Frequently asked

How many people live in Farnam, Nebraska?

Farnam, Nebraska has about 182 residents according to the 2020 American Community Survey.

What is the median household income in Farnam, Nebraska?

The typical household in Farnam, Nebraska earns about $49,167 a year. Half of households make more than that, and half make less.

Is Farnam, Nebraska expensive?

In Farnam, Nebraska, the median home is worth about $46,000, and the typical rent is about $419 a month.

How educated are people in Farnam, Nebraska?

About 24.3% of adults age 25 and over in Farnam, Nebraska hold a bachelor's degree or higher.

What is the poverty rate in Farnam, Nebraska?

About 9.8% of people in Farnam, Nebraska live below the federal poverty line.

Has Farnam, Nebraska grown since 1990?

Yes, Farnam, Nebraska has shrunk since 1990. The population has lost about 11 residents, a change of about -6 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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