Farnam, NE

Census Place

2024 Population

257

US Senator

Deb Fischer

Republican Party

US Senator

Pete Ricketts

Republican Party

2024 Median Age

28.8

21.7% 1-year decrease

2024 Poverty Rate

32.4%

44.2% 1-year increase

2024 Median Household Income

$45,417

2.33% 1-year decline

Population & Diversity

Farnam, NE is home to a population of 257 people, from which 98.8% are citizens.

As of 2024, 1.17% of Farnam, NE residents were born outside of the country (3 people).

In 2024, there were 17.8 times more White (Non-Hispanic) residents (231 people) in Farnam, NE than any other race or ethnicity. There were 13 Black or African American (Non-Hispanic) and 6 Two Races Including Other (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.8%

2024 Citizenship

100%

2023 Citizenship

As of 2024, 98.8% of Farnam, NE residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Farnam, NE was 100%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Farnam, NE compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Farnam, NE

White (Non-Hispanic)
231 ± 101
Black or African American (Non-Hispanic)
13 ± 23
Two Races Including Other (Non-Hispanic)
6 ± 9

1.17%

Hispanic Population

3 people

1.17% of the people in Farnam, NE are hispanic (3 people).

The following chart shows the 8 races represented in Farnam, NE as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Nebraska.

Most Common Origin

Mexico
47,802 ± 5,303 people
Guatemala
13,722 ± 2,866 people
El Salvador
6,860 ± 2,030 people

In 2024, the most common birthplace for the foreign-born residents of Nebraska was Mexico, the natal country of 47,802 Nebraska residents, followed by Guatemala with 13,722 and El Salvador with 6,860.

Foreign-Born Population

1.17%

2024 Foreign-Born Population

3 people

As of 2024, 1.17% of Farnam, NE residents (3 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Farnam, NE was 0%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Farnam, NE compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
4 ± 15
Korea
2 ± 10

Farnam, NE has a large population of military personnel who served in Vietnam, 2 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Farnam, NE.

Economy

The economy of Farnam, NE employs 112 people. In 2024, the largest industries in Farnam, NE were Agriculture, Forestry, Fishing & Hunting (32 people), Health Care & Social Assistance (26 people), and Transportation & Warehousing (14 people), and the highest paying industries were Transportation & Warehousing ($51,875), Transportation & Warehousing, & Utilities ($51,875), and Manufacturing ($38,750).

Employment

Occupations

112

2024 Value

± 67

34.9%

1 Year growth

± 70%

From 2023 to 2024, employment in Farnam, NE grew at a rate of 34.9%, from 83 employees to 112 employees.

The most common job groups, by number of people living in Farnam, NE, are Farming, Fishing, & Forestry Occupations (21 people), Transportation Occupations (16 people), and Management Occupations (15 people). This chart illustrates the share breakdown of the primary jobs held by residents of Farnam, NE.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Nebraska.

This chart shows weekly unemployment insurance claims in Nebraska (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

112

2024 Value

± 67

34.9%

1 Year growth

± 70%

From 2023 to 2024, employment in Farnam, NE grew at a rate of 34.9%, from 83 employees to 112 employees.

The most common employment sectors for those who live in Farnam, NE, are Agriculture, Forestry, Fishing & Hunting (32 people), Health Care & Social Assistance (26 people), and Transportation & Warehousing (14 people). This chart shows the share breakdown of the primary industries for residents of Farnam, NE, though some of these residents may live in Farnam, NE and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$40,625

Median earning men ± $15,449

$13,929

Median earning women ± $6,631

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($51,875), Manufacturing ($38,125), and Agriculture, Forestry, Fishing & Hunting, & Mining ($16,875).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($13,393).

Housing & Living

The median property value in Farnam, NE was $62,800 in 2024, which is 0.189 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $72,100 to $62,800, a 12.9% decrease. The homeownership rate in Farnam, NE is 67.1%, which is higher than the national average of 65.2%.

People in Farnam, NE have an average commute time of 24.1 minutes, and they drove alone to work. Car ownership in Farnam, NE is higher than the national average, with an average of 4 cars per household.

Housing

Property

$62,800

Median Property Value 2024

±$21,783

$57

Median Property Taxes

±$26

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Farnam, NE the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Farnam, NE compared to it's parent and neighbor geographies.

Rent vs Own

67.1%

Homeownership

2024

46.6%

Homeowners with Mortgage

2024

In 2024, 67.1% of the housing units in Farnam, NE were occupied by their owner. This percentage declined from the previous year's rate of 72.4%.

This chart shows the percentage of owner in Farnam, NE compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$45,417

Median Household Income

± $26,702

Number of Households

± 28

In 2024, the median household income of the 85 households in Farnam, NE declined from $45,417 from the previous year's value of $46,500.

The following chart displays the households in Farnam, NE distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Farnam, NE is from Nebraska.

0.447

2024 Wage GINI in Nebraska

0.447

2023 Wage GINI in Nebraska

In 2024, the income inequality in Nebraska was 0.447 according to the GINI calculation of the wage distribution. Income inequality had a 0.182% growth from 2023 to 2024, which means that wage distribution grew somewhat less even. The GINI for Nebraska was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Nebraska in comparison to the national average.

This chart shows the number of workers in Nebraska across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (76.8%)
Carpooled (12.5%)
Worked At Home (7.14%)

In 2024, 76.8% of workers in Farnam, NE drove alone to work, followed by those who carpooled to work (12.5%) and those who worked at home (7.14%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

24.1 minutes

Average Travel Time

Using averages, employees in Farnam, NE have a shorter commute time (24.1 minutes) than the normal US worker (26.4 minutes). Additionally, 0.962% of the workforce in Farnam, NE have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Farnam, NE compares to that of it's neighboring and parent geographies.

Car Ownership

4 cars

Average Number

The following chart displays the households in Farnam, NE distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Farnam, NE have 4 cars.

Poverty

Poverty & Diversity

32.4% of the population for whom poverty status is determined in Farnam, NE (83 out of 256 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Males 25 - 34 and then Females < 5.

The most common racial or ethnic group living below the poverty line in Farnam, NE is White, followed by Black and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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