Falls City, NE Real Estate
According to census data in the year 2000 there were 2,242 housing units in Falls City.
This represents a 3.1% decline from 2,314 in 1990.
Of those housing units, 2,054 were located in either urbanized areas or urban clusters, and 188 were located in what is classified as a rural area.
Homeownership rate in Falls City is about 70.7%.
Falls City's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Falls City were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 12.60% |
| Two Bedrooms | 36.10% |
| Three Bedrooms | 31.10% |
| Four Bedrooms | 13.30% |
| Five Bedrooms or more | 5.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $42,500 |
| Median Price asked for vacant units | $35,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.88 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $99 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.10% |
| Second Mortgage | 1.70% |
| Home Equity Loan | 3.40% |
| Simple Mortgage | 34.40% |
| Debt Free | 59.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.8% |
