Farwell
Farwell has notably lower household income than the US average, with a median household income of $24,688. Population has declined 11% since 2000. 8% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value has more than doubled since 2000, reaching $46,900. With a median age of 49.5, the population is older than the US median of 37.2. Households here earn about 57% less than the Minnesota median.
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How many people live in Farwell, Minnesota?
Farwell, Minnesota has about 51 residents according to the 2010 American Community Survey.
What is the median household income in Farwell, Minnesota?
The typical household in Farwell, Minnesota earns about $24,688 a year. Half of households make more than that, and half make less.
Is Farwell, Minnesota expensive?
In Farwell, Minnesota, the median home is worth about $46,900.
How educated are people in Farwell, Minnesota?
About 8.0% of adults age 25 and over in Farwell, Minnesota hold a bachelor's degree or higher.
What is the poverty rate in Farwell, Minnesota?
About 61.0% of people in Farwell, Minnesota live below the federal poverty line.
Has Farwell, Minnesota grown since 1990?
Yes, Farwell, Minnesota has shrunk since 1990. The population has lost about 11 residents, a change of about -18 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024