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 Rate | 3.5% |
| Poverty Rate | 20.8% |
| Gini Coefficient | 0.421 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 80.7% |
| Public Transit | 0.7% |
| Work From Home | 2.2% |
Businesses
| Total Establishments | 569 |
| Restaurants | 45 |
| Healthcare | 54 |
| Retail | 67 |
| Manufacturing | 43 |
Tax
| IRS Avg AGI | $56,272 |
| Avg Property Tax | $2,135 |
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