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NE area data

Falls City, NE

Falls City, NE.

Population: 4,860 (Census ACS)

Home values & appreciation

Median home value
$109,381
1-year appreciation
+5.7%
3-year appreciation
-0.5%
5-year appreciation
+18.1%
10-year appreciation
+61.2%
All-time peak (2026-04)
$111,174
House Price Index
431.4 (+2.1% YoY)

Market activity

New listings (monthly)
3

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
12.3¢/kWh
Natural gas rate (state-level)
$11.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
2
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
drought, iceStorm

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
64.0°F
Average low
42.0°F
Annual precipitation
35.0 in

Amenities

Nearest airport
Brenner Field (1 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (4.2 kWh/m²/day)

Migration

Net migration
-7 tax filers

Housing stock

Median year housing built
1,953
Median annual property tax
$1,666
Mean commute to work
16 min
Households with broadband internet
77.1%

Employment & development

Total county employment
1,696
Average weekly wage
$796
Top industries (by employment)
Accommodation & Food, Wholesale Trade, Finance & Insurance
Annual residential building permits (county)
2

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents