Farwell, Minnesota

US Census Bureau ACS 5-Year Estimates ยท 2022

MN

Farwell Demographics Overview

Total Population
36
ACS 2022 estimate
Median Household Income
$56,250
Annual household income
โ–ผ 25% vs US avg
Median Home Value
$106,300
Owner-occupied homes
โ–ผ 62% vs US avg
Median Gross Rent
N/A
Monthly rent (incl. utilities)
Median Age
41.4 years
Median age of residents
โ–ฒ 6% vs US avg

Income & Economy

Median Household Income
$56,250
US avg: $74,580
vs. National Median-24.6%

Housing

Median Home Value
$106,300
US avg: $281,900
Median Gross Rent
N/A/mo
US avg: $1,163/mo
Rent vs. National AvgN/A

Population

Total Population36
Median Age
41.4 years
US avg: 38.9 yrs

Data Source

Data for Farwell comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Farwell, MN โ€” Frequently Asked Questions

Common questions about Farwell demographics

What is the population of Farwell, Minnesota?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Farwell, Minnesota is 36.

What is the median household income in Farwell?

The median household income in Farwell, Minnesota is $56,250 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Farwell?

Key cost indicators for Farwell, Minnesota:. Median home value: $106,300. Median household income: $56,250/year

What is the median home value in Farwell?

The median home value in Farwell, Minnesota is $106,300, compared to the national median of approximately $281,900.

What is the average age in Farwell?

The median age in Farwell, Minnesota is 41.4 years, compared to the US national median age of approximately 38.9 years.

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Farwell, MN Demographics - Population, Income & Housing (2022)