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Farwell, MI
Full City Profile · Michigan · Clare County County
Farwell, MI
At a Glance
How Farwell Compares to the U.S. Average
Each bar shows Farwell's value as a percentage of the national average (100% = U.S. avg)
Is Farwell a Good Place to Live?
Economy & Jobs
Farwell residents earn a median household income of $40,667 , which is 46% below the national average of $75,149. Per capita income is $20,066. The unemployment rate stands at 2.6% (28% below the U.S. rate of 3.6%). 17.2% of residents live below the poverty line. The area is home to 623 business establishments, including 75 restaurants.
Housing & Cost of Living
The median home value in Farwell is $95,800 , 66% below the national median of $281,900. Zillow estimates the typical home at $192,946. Median rent is $496/month, with 27.5% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1975.
Safety & Crime
Farwell reports 260 violent crimes per 100,000 residents , which is 31% below the national average of 380/100K. Property crime is 2,637/100K.
Education
11.8% of adults in Farwell hold a bachelor's degree or higher (65% below the national average). 78.7% have completed high school. Local schools score 4.6/10 in standardized testing.
Climate & Weather
Farwell has an average annual temperature of 48°F (9°C). Winters average 23°F in January while summers reach 72°F in July. The area gets 260 sunny days per year. Annual precipitation totals 35.5 inches. Air quality is rated Good with a median AQI of 38.