Farwell is a village in Howard County, Nebraska, United States.

It is part of the Grand Island, Nebraska Micropolitan Statistical Area.

Farwell was originally called Posen, and under the latter name was established in 1887 by a colony of Polish settlers.

[4] According to the United States Census Bureau, the village has a total area of 0.17 square miles (0.44 km2), all land.

35.1% of all households were made up of individuals, and 15.8% had someone living alone who was 65 years of age or older.

There were 6.1% of families and 7.1% of the population living below the poverty line, including no under eighteens and 33.3% of those over 64.