Sign In Register

Farmland, IN

Full City Profile · Indiana · Randolph County County

3.0 /5.0
B Good
1,345 Population 2,538/sq mi density
$41,516 Median Income $22,461 per capita
$92,900 Home Value $173,009 Zillow
$826 Median Rent 32.4% income on rent
51°F Avg Temperature 275 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$41,516 median income, 3.5% unemployment
A+
Affordability
5.0 / 5.0
$92,900 home value, $826/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.9 / 5.0
11.0% bachelor's degree or higher

Income Overview

Median Household Income
$41,516
45% below
US avg: $75,149
Per Capita Income
$22,461
42% below
US avg: $39,052
Unemployment Rate
3.5%
3% below
US avg: 3.6%
Poverty Rate
20.8%
68% above
US avg: 12.4%

Income Comparison: Farmland vs. U.S. Average

Each bar shows Farmland’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$41,516
55%
Per Capita
US: $39,052
$22,461
58%
IRS Avg AGI
US: $72,000
$56,272
78%
Avg Weekly Wage
US: $1,432
$997
70%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$997
30% below US avg ($1,432)
Mean Commute Time
23 min
18% below US avg (28 min)
Work From Home
2.2%
86% below US avg (15.2%)
Drive Alone
80.7%
10% above US avg (73.2%)
Public Transit
0.7%
85% below US avg (5.0%)
County GDP
$1,259M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 80.7%
Public Transit 0.7%
Work From Home 2.2%
Other 16.4%
Average commute time
23 minutes
US avg: 28 min

Business Landscape

Total Establishments
569
Restaurants
45
Healthcare
54
Retail
67
Manufacturing
43

Tax & Financial

IRS Avg Adjusted Gross Income
$56,272
22% below US avg ($72,000)
Avg Property Tax
$2,135
39% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$41,516
Per Capita Income$22,461
IRS Avg Adjusted Gross Income$56,272
Avg Weekly Wage$997
County GDP$1,259M

Hardship Indicators

Unemployment Rate3.5%
Poverty Rate20.8%
Gini Coefficient0.421
Cost of Living Index93.3

Commute

Mean Commute23 minutes
Drive Alone80.7%
Public Transit0.7%
Work From Home2.2%

Businesses

Total Establishments569
Restaurants45
Healthcare54
Retail67
Manufacturing43

Tax

IRS Avg AGI$56,272
Avg Property Tax$2,135