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Farmland, IN
Full City Profile · Indiana · Randolph County County
Farmland, IN
At a Glance
How Farmland Compares to the U.S. Average
Each bar shows Farmland's value as a percentage of the national average (100% = U.S. avg)
Is Farmland a Good Place to Live?
Economy & Jobs
Farmland residents earn a median household income of $41,516 , which is 45% below the national average of $75,149. Per capita income is $22,461. The unemployment rate stands at 3.5% (3% below the U.S. rate of 3.6%). 20.8% of residents live below the poverty line. The area is home to 569 business establishments, including 45 restaurants.
Housing & Cost of Living
The median home value in Farmland is $92,900 , 67% below the national median of $281,900. Zillow estimates the typical home at $173,009. Median rent is $826/month, with 32.4% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1961.
Safety & Crime
Farmland reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 4,763/100K.
Education
11.0% of adults in Farmland hold a bachelor's degree or higher (67% below the national average). 90.9% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Farmland has an average annual temperature of 51°F (11°C). Winters average 26°F in January while summers reach 74°F in July. The area gets 275 sunny days per year. Annual precipitation totals 41.4 inches. Air quality is rated Good with a median AQI of 41.