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Farwell, MN

Comprehensive demographics, housing data, local amenities, and economic statistics for Farwell.

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Community Insights

High Incomes
$90k/year
top 25% nationally
Leading Industries
Manufacturing · Agriculture & Mining · Finance & Insurance
8% manufacturing
Home Value Growth
-1.9% over 2 years
Family-Friendly
27% of residents
above average nationally
Homeowners
88% of occupied units

People & Demographics

Total Population60
Households
Under 18
27.0%
Age 18–34
30.0%
Age 35–64
27.0%
Age 65+
17.0%
Veterans
6.0%
Active Duty
0.0%

Housing & Living

Median Home Value$320,000
Median Gross Rent$769/mo
Owner Occupied
88.0%
Renter Occupied
12.0%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$89,837
Poverty Rate

Key Industries

Healthcare4.0%
Professional Services1.0%
Manufacturing8.0%
Retail13.0%
Education1.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities23 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
12.0%
Master's or Higher
3.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Farwell?

The total population of Farwell is approximately 60. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Is Farwell walkable and transit-friendly?

Based on local geographic data, Farwell has an amenity and walkability score of 23/100 and a transit score of 28/100. This indicates the area is mostly car-dependent for daily errands and commuting.

Do more people rent or own homes in Farwell?

The housing market in Farwell is predominantly driven by homeowners, with 88% of housing units being owner-occupied and 12% being renter-occupied.

What is the education level of residents in Farwell?

In Farwell, approximately 12% of adult residents hold a bachelor's degree or higher. Additionally, 3% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.