HomeNebraska › Falls City

Falls City, Nebraska

city · Richardson County

At a glance

4,077
Population
$89,800
Median home value (all homes)
70% below U.S. median
$114,401
Typical market value
Zillow, county-wide, 2026-07
$714/mo
Median rent
47% below U.S. median
$51,706
Median household income
34% below U.S. median
16.8 min
Average commute
83%
Homes with broadband
100%
Locations with fiber available
5.3%
Unemployment

Cost of living (Clay Affordability Index)

CAI 80 — 20% below the national average. how it's computed

Housing53% below
Goods & services6% below
Utilities38% above
Taxes30% below
Insurance7% below
Commute cost40% below
For business: Nebraska is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college29 mi
Nearest community college22 mi
Nearest technical college47 mi
High school graduates93.9%
College graduates28.2%

Doing business here

Economic development contacts, most local first:

city Falls City Economic Dev & Growth Enterprise
Falls City EDGE is a nonprofit private corporation whose members are private and public investors. Its mission is to encourage economic development and growth to improve the business conditions of Falls City, Richardson County, and the surrounding area.
state Nebraska Dept. of Economic Development
Our mission is to provide quality leadership and services that enable Nebraska’s communities, businesses, and people to succeed in a global economy, with programs and resources for starting and growing a business, housing, and economic recovery.
state Union Pacific Railroad Industrial Dev
Union Pacific's Industrial Development team provides guidance and rail project management to help businesses build, expand, or locate rail-served sites on Union Pacific’s expansive network, connecting them to the global economy.
State sales taxYes
State income taxYes
Right-to-work stateYes

Similar towns nearby

Preston, NE 5 mi · pop 16 · $103k
Reserve, KS 6 mi · pop 48 · $83k
Salem, NE 7 mi · pop 102 · $43k
Verdon, NE 8 mi · pop 185 · $55k
Rulo, NE 9 mi · pop 164 · $95k