Median Income
$46,500
38% lower than US avg
Home Value
$72,100
74% lower than US avg
Bachelor's+
24.1%
28% lower than US avg
Median Rent
$708
39% lower than US avg
Obesity Rate
37.3%
16% higher than US avg
Unemployment
0.0%
100% lower than US avg
Poverty Rate
11.5%
7% lower than US avg
How Farnam Compares to the U.S. Average (100% = U.S. avg)
People
Population169
Median Age36.8 yrs
Density252/mi²
Male / Female50% / 50%
Largest GroupWhite 97%
Economy
B+
Median Income$46,500
Per Capita$33,775
Unemployment0.0%
Poverty11.5%
County GDP$104M
Commute31 min
Housing
A+
Home Value$72,100
Rent$708
OwnershipN/A
Zillow$181,309
Health
Obesity37.3%
UninsuredN/A
Depression18.2%
Heart Disease5.1%
Climate
Avg Temp50°F
AQI32 (Good)
Rain23.4 in/yr
Elevation2,758 ft
Education
C+
Bachelor's+24.1%
High School+87.2%
School Score5.81
Community
2024 VoteR 86% / D 13%
Commute31 min
Broadband82.0%
Libraries2
Is Farnam a Good Place to Live?
Based on current data, Farnam receives an overall livability score of 3.8 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing. Areas to be aware of include below-average incomes. Farnam offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Farnam is $46,500, 38% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. 11.5% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 31 minutes.
Cost of Living & Housing
The median home value in Farnam is $72,100, 74% below the national median — offering relatively affordable homeownership. Renters pay a median of $708 per month, below the national average — a plus for affordability. At just 1.6x median income, home prices are very affordable relative to local earnings.
Education
24.1% of residents hold a bachelor's degree, below the national average of 33.7%. 87.2% have completed high school. Area schools have an average test score of 5.8/10.
Climate & Weather
Farnam experiences four distinct seasons with an average temperature of 50°F. Winters average 26°F in January while summers reach 75°F in July. Annual precipitation totals 23.4 inches, including 30.7 inches of snow. Air quality is rated Good with a median AQI of 32.
Farnam has a population of 169 with a density of 252 people per square mile. The median age is 36.8 years, 5% younger than the national median of 38.9. The city is predominantly White (97%).
Population
36.8yrs
Median Age
5% below US avg
Language Spoken at Home
| English Only | 92.0% |
| 17% above US avg |
| Spanish | 8.0% |
| 40% below US avg |
The median household income in Farnam is $46,500, which is 38% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 11.5% of residents live below the poverty line. Workers commute an average of 31 minutes.
Income
| Median HH Income | $46,500 |
| 38% below US avg |
| Per Capita Income | $33,775 |
| Avg Weekly Wage | $807 |
| IRS Avg AGI | $57,503 |
Employment & Poverty
| Unemployment | 0.0% |
| 100% below US avg |
| Poverty Rate | 11.5% |
| 7% below US avg |
| Establishments (County) | 98 |
| County GDP | $104M |
Business (County)
| Restaurants | 5 |
| Healthcare | 8 |
| Retail | 12 |
Commute & Transportation
| Commute Time | 31.0 min |
| Work from Home | 1.2% |
The median home value in Farnam is $72,100, 74% below the national average. Monthly rent averages $708 (39% below US avg). Zillow estimates the typical home value at $181,309.
Home Values
| Census Median | $72,100 |
| 74% below US avg |
| Zillow ZHVI | $181,309 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $708 |
| 39% below US avg |
HUD Fair Market Rent
| Studio | $706 |
| 1 Bedroom | $791 |
| 2 Bedrooms | $1,001 |
| 3 Bedrooms | $1,274 |
| 4 Bedrooms | $1,409 |
Ownership & Property
Property Tax
In Farnam, 37.3% of adults are obese (above the 32.1% national rate). 18.2% report depression. 24.1% are physically inactive.
Health Metrics: Farnam vs U.S. Average (%)
Chronic Conditions
| Obesity | 37.3% |
| 16% above US avg |
| Diabetes | 8.9% |
| Heart Disease | 5.1% |
| High Blood Pressure | 28.8% |
| Asthma | 9.2% |
| COPD | 5.5% |
| Stroke | 2.6% |
Behaviors & Mental Health
| |
| Binge Drinking | 22.2% |
| Physical Inactivity | 24.1% |
| Depression | 18.2% |
| Mental Distress | 14.6% |
| Physical Distress | 11.0% |
Healthcare Access
| Insurance Rate | 91.3% |
| |
| Checkup Rate | 71.6% |
| Premature Death | 8,825/100K |
Food & Exercise
| Food Environment | 7.3/10 |
| Exercise Access | 60.8% |
| Healthcare Facilities | 8 |
Crime Rates: Farnam vs U.S. Average (per 100,000)
Farnam has an average annual temperature of 50°F (10°C). Winters average 26°F in January while summers reach 75°F in July. Annual precipitation is 23.4 inches. Air quality is rated Good with a median AQI of 32.
Temperature
26°F Jan (-4°C)
75°F Jul (24°C)
| Annual Average | 50.0°F |
| 7% below US avg |
| January Average | 26°F (-4°C) |
| July Average | 75°F (24°C) |
Precipitation & Snow
| Annual Rainfall | 23.4 inches |
| 39% below US avg |
| Snowfall | 30.7 inches/yr |
Air Quality
| AQI Median | 32.0 |
| Rating | Good |
Geography
| Elevation | 2,758 ft (841 m) |
| Area | 0.7 sq mi (1.7 km²) |
| Population Density | 252/sq mi |
| Coordinates | 40.7065°N, 100.2155°W |
| County FIPS | 31063 |