Farrar, Australia

Full City Profile

3.2 /5.0

B Good

1,502 Population 74/sq mi density

98 ft Elevation 30 meters

81°F Avg Temperature 27°C

Overall

3.2 / 5.0

Good overall score based on economy, affordability, safety and education

Economy

3.3 / 5.0

$39,614 median income, 3.1% unemployment

Affordability

3.0 / 5.0

$256,400 home value, $1,282/mo rent

Farrar, Australia

At a Glance

Median Income

$39,614

47% below

$39,614 per capita

Home Value

$256,400

9% below

Median Rent

$1,282/mo

10% above

Unemployment

3.1%

14% below

Avg Temperature

81°F

336 sunny days/yr

Is Farrar a Good Place to Live?

3.2 / 5.0 - Good

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Farrar residents earn a median household income of $39,614 , which is 47% below the national average of $75,149. Per capita income is $39,614. The unemployment rate stands at 3.1% (14% below the U.S. rate of 3.6%). The area is home to 143 business establishments.

Housing & Cost of Living

The median home value in Farrar is $256,400 , 9% below the national median of $281,900. Median rent is $1,282/month.

Climate & Weather

Farrar has an average annual temperature of 81°F (27°C). Winters average 82°F in January while summers reach 78°F in July. The area gets 336 sunny days per year. Annual precipitation totals 71.9 inches.

Data Overview

People

Population1,502

Median Age32.0 yrs

Density74/mi²

Foreign Born20.1%

Economy

Median Income$39,614

Per Capita$39,614

Unemployment3.1%

Poverty

Avg Weekly Wage$762

Housing

Home Value$256,400

Rent$1,282

Ownership56.9%

Housing Units601

Climate

Avg Temp81°F

Sunny Days336/yr

Rain71.9 in/yr

Elevation98 ft

Did You Know?

20.1% of residents are foreign-born.