In 2023, Farnam, NE had a population of 169 people with a median age of 36.8 and a median household income of $46,500. Between 2022 and 2023 the population of Farnam, NE declined from 173 to 169, a −2.31% decrease and its median household income grew from $44,500 to $46,500, a 4.49% increase.
The 5 largest ethnic groups in Farnam, NE are White (Non-Hispanic) (97%), Two+ (Non-Hispanic) (2.96%), White (Hispanic) (0%), Black or African American (Non-Hispanic) (0%), and Black or African American (Hispanic) (0%).
None of the households in Farnam, NE reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
100% of the residents in Farnam, NE are U.S. citizens.
In 2023, the median property value in Farnam, NE was $72,100, and the homeownership rate was 72.4%.
Most people in Farnam, NE drove alone to work, and the average commute time was 31 minutes. The average car ownership in Farnam, NE was 2 cars per household.