| Index | Farwell | Nebraska | National |
| Average Test Scores | n/a | 53% | 48% |
| Student/Teacher ratio | n/a | 13:1 | 16:1 |
| Total public schools | n/a | 780 | 79,221 |
| Total private schools | n/a | 182 | 24,874 |
| Total post-secondary schools | n/a | 56 | 7,963 |


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| Index | Farwell | Nebraska | National |
| Completed 8th grade | 84.8% | 88.4% | 84.3% |
| Completed high school | 79.8% | 87.2% | 83.0% |
| Completed some college | 41.4% | 63.7% | 59.4% |
| Completed associate degree | 13.1% | 40.1% | 38.5% |
| Completed bachelors | 4.0% | 30.0% | 30.3% |
| Completed masters | 0.0% | 9.9% | 11.5% |
| Completed professional degree | 0.0% | 2.9% | 3.3% |
| Completed doctorate | 0.0% | 1.2% | 1.3% |
There are a total of n/a public schools, n/a private schools and n/a post-secondary schools in Farwell. Using the proficiency score averages, the average test scores for Farwell, NE schools is n/a. The average student to teacher ratio is n/a. In Farwell, NE, an average of 84.8% of students have completed 8th grade and an average of 79.8% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Ravenna, NE | 1,465 | 58% | 21.4% |
| Cairo, NE | 1,123 | 56% | 16.1% |
| St. Paul, NE | 2,638 | 53% | 10.4% |
| Elba, NE | 268 | 25% | 47.9% |
| Farwell, NE | 92 | n/a |
| City | Population | Avg. Test Scores | National Avg. |
| Palmyra, VA | 92 | 81% | 68.2% |
| Boon, MI | 93 | 47% | 2.1% |
| Alder, MT | 93 | 50% | 4.2% |
| Robbins, TN | 93 | 35% | 28.1% |
| Moffett, OK | 91 | 45% | 7.3% |
| Farwell, NE | 92 | n/a |