Housing data for Falls City, NE

Falls City, NE has an estimated 4,077 residents and 1,996 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a city in Richardson County.

26.7% of households rent.

The median gross rent is $714 a month.

Its population shrank measurably since 2015–2019 (−1.9%).

Figures last updated on .

Residents
4,077 (±19)
Housing units
1,996 (±86)
Households that rent
26.7%
Median gross rent
$714
Residents since 2015–2019
−1.9%

Housing in Falls City at a glance

Falls City against Richardson County, its state and the nation

Estimate (90% margin of error)
Falls CityRichardson CountyNebraskaUnited States
Residents4,077 (±19)7,751 (exact)1,978,707 (exact)334,922,499
Housing units1,996 (±86)4,073 (±27)863,444 (±628)143,775,355
Households that rent26.7% (±5.9 points)22.7% (±3.3 points)33.5% (±0.4 points)34.8%
Median gross rent$714 (±$57)$691 (±$28)$1,072 (±$8)$1,413
Median household income$51,706 (±$10,131)$60,108 (±$8,218)$76,475 (±$633)$80,734
Median home value$89,800 (±$23,379)$100,300 (±$12,870)$238,600 (±$1,365)$332,700
Median real estate taxes (a year)$1,570 (±$297)$1,432 (±$152)$3,549 (±$22)$3,119
Built before 198088.0% (±11.7 points)84.7% (±6.9 points)57.2% (±0.5 points)49.7%
Average commute16.8 minutes (±3.7)19.8 minutes (±2.1)19.2 minutes (±0.1)26.4 minutes
Households with broadband83.0% (±6.6 points)83.8% (±3.7 points)90.6% (±0.2 points)91.0%
Median age of residents40.4 years (±3.7)47.3 years (±0.8)37.2 years (±0.2)38.9 years

Falls City covers 3.3 square miles of land, about 1,224 residents per square mile (Census Bureau Gazetteer).

How Falls City has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents4,156 (±19)4,077 (±19)−1.9%Measurable decrease
Housing units2,213 (±96)1,996 (±86)−9.8%Measurable decrease
Median gross rent$515 (±$100)$714 (±$57)+38.6%No measurable change after inflation
Median home value$69,800 (±$12,078)$89,800 (±$23,379)+28.7%No measurable change after inflation
Median household income$42,750 (±$7,714)$51,706 (±$10,131)+20.9%No measurable change after inflation
Median owner cost with a mortgage$883 (±$95)$1,264 (±$127)+43.1%Up after inflation
Median real estate taxes$1,102 (±$201)$1,570 (±$297)+42.5%No measurable change after inflation
Households that rent26.5% (±8.4 points)26.7% (±5.9 points)+0.2 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±4.2 points)0.0% (±5.0 points)0.0 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Falls City

In 2025, the Falls City Police Department reported 50 violent and 373 property crimes per 100,000 residents to the FBI.

Across Richardson County, the departments that report recorded 144 violent and 407 property crimes per 100,000 residents that year.

Places near Falls City

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Reserve6.2 mi$475$83,30066.7%
Salem6.9 mi—$42,50043.9%
Hamlin Township7.8 mi$475$112,50045.3%
Verdon8.4 mi—$55,0003.8%
Rulo8.9 mi—$94,60010.2%
Padonia Township9.3 mi$518$169,10016.0%
Morrill Township10.0 mi—$99,4001.5%
Hamlin10 mi—$73,3000.0%

Places in Nebraska most like Falls City

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Loup City$744$96,300$52,50034.0%
Bloomfield$725$92,800$50,08326.8%
Ewing$688$77,800$61,66722.6%
Creighton$730$98,000$50,27827.3%
Oxford$695$92,900$57,95532.7%
Spencer$713$82,500$58,66726.0%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Nebraska.

HUD Fair Market Rent for Falls City, fiscal year 2027

Richardson County, NE, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$734$775$1,014$1,228$1,333

HUD income limits for Falls City, fiscal year 2026

Richardson County, NE, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$19,800$32,950$52,750
2 people$22,600$37,650$60,250
3 people$27,320$42,350$67,800
4 people$33,000$47,050$75,300
5 people$38,680$50,850$81,350
6 people$44,360$54,600$87,350
7 people$50,040$58,350$93,400
8 people$55,720$62,150$99,400

These are the limits HUD sets for its housing programs in the Richardson County, NE, where HUD’s median family income for fiscal year 2026 is $86,500.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Falls City

What is the average rent in Falls City, NE?

The Census Bureau publishes the median rather than the average: the median gross rent in Falls City is $714 (±$57) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Falls City?

The median gross rent for a one-bedroom home in Falls City, NE is $652 (±$108) a month (2020–2024 American Community Survey).

Are renters in Falls City rent-burdened?

39.4% of renting households in Falls City pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Falls City?

Falls City has an estimated 486 (±121) renting households, 26.7% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Falls City?

The median household income in Falls City is $51,706 (±$10,131) a year (2020–2024 American Community Survey).

What is the average home value in Falls City, NE?

The Census Bureau publishes the median: $89,800 (±$23,379) for owner-occupied homes in Falls City (2020–2024 American Community Survey).

Is Falls City growing?

In Falls City, the number of residents went from 4,156 in 2015–2019 to 4,077 in 2020–2024 (−1.9%), a measurable decrease.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Falls City city, Nebraska (place:16655, in state:31).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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