Median Income
$40,222
household / year
Median Home Value
$86,900
owner-occupied
Median Rent
$703
gross / month
Cost of Living
87
national avg = 100

Is Falls City, NE a Good Place to Live?

Falls City is a small town of 4,124 in Nebraska, with a median household income of $40,222 and a 5.7% unemployment rate. Its cost of living index is 87 (US average = 100), which is 13% below the national average.

Strengths: Falls City stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B), short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Falls City is right for you depends on your priorities — the full breakdown is below.

All Falls City city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 86.7

Falls City's overall cost of living index is 86.7, where 100 represents the US national average. Living in Falls City costs roughly 13% less than the average American city.

Metric Falls City, NE National Avg
Median Home Value $86,900 $244,900
Median Monthly Rent $703 $1,163
Homeownership Rate 68.1% 65.9%
Median Household Income $40,222 $74,755

Crime & Safety

Very Safe

Falls City's violent crime rate is 124.5 per 100,000 residents — 67% lower than the national average of ~380 per 100,000.

Violent Crime
124.5 /100k
Property Crime
747.0 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Falls City is served primarily by FALLS CITY PUBLIC SCHOOLS. The student-to-teacher ratio is 13.0:1 (better than the national average of ~16:1).

Metric Falls City, NE National Avg
School District FALLS CITY PUBLIC SCHOOLS —
Elementary Schools 2 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 13.0:1 16:1
Bachelor's Degree or Higher 21.8% 35.4%
High School Diploma or Higher 92.6% 91.1%

Weather & Climate

Falls City sees average highs of 36.2°F in January and 88.1°F in July, with 34.7 inches of annual precipitation and 22.1 inches of snow per year.

MetricFalls City, NE
Average High — January36.2°F
Average High — July88.1°F
Annual Precipitation34.7"
Annual Snowfall22.1"

Demographics

MetricFalls City, NENational Avg
Population4,124—
Median Age40.638.9
Unemployment Rate5.7%3.7%
Avg Commute Time11.7 min26 min
White (non-Hispanic)91.6%59.3%
Black or African American0.6%13.6%
Hispanic or Latino0.3%18.9%
Asian0.0%6.3%
Under 1825.3%22.2%
65 and over20.8%16.8%

Nearby Cities

ZIP Codes in Falls City

Falls City, NE is covered by 1 ZIP code:

Falls City vs Other Cities

Frequently Asked Questions

Falls City's cost of living index is 87, where 100 is the national average. That makes Falls City roughly 13% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $86,900 and median rent is $703/month.
Falls City's violent crime rate is 124.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 747.0 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Falls City are operated by FALLS CITY PUBLIC SCHOOLS. The district has 2 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 13.0:1. 21.8% of adults 25+ hold a bachelor's degree or higher.
Falls City, NE has a population of 4,124, a median household income of $40,222, and an unemployment rate of 5.7%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Falls City averages 36.2°F in January and 88.1°F in July. Annual rainfall is 34.7 inches with about 22.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Falls City, NE is covered by 1 ZIP code: 68355.
The population of Falls City, Nebraska is 4,124 with a median age of 40.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Falls City: cost of living index 87 (100 = US average), median home $86,900, median household income $40,222, crime index 34 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Falls City side by side with your current city to see the trade-offs.