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Farwell, MN

Minnesota

Farwell is a small town in Minnesota with a population of 37. Residents earn $58,500 per year, which is 22% below the national average.

3.4 /5.0
B Good
37 Population 148/sq mi density
$58,500 Median Income $30,843 per capita
$104,200 Home Value $355,015 Zillow
42°F Avg Temperature 276 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$58,500 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$104,200 home value
C
Education
2.1 / 5.0
13.6% bachelor's degree or higher
Median Income $58,500
22% lower than US avg
Home Value $104,200
63% lower than US avg
Bachelor's+ 13.6%
60% lower than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 28.6%
131% higher than US avg

How Farwell Compares to the U.S. Average (100% = U.S. avg)

People

Population37
Median Age41.7 yrs
Density148/mi²
Male / Female60% / 41%
Largest GroupWhite 100%
Veterans29.0%

Economy

B
Median Income$58,500
Per Capita$30,843
Unemployment0.0%
Poverty28.6%
County GDP$750M
Commute27 min

Housing

A+
Home Value$104,200
RentN/A
OwnershipN/A
Zillow$355,015
Housing Units23
Rent Burden30.1%

Climate

Avg Temp42°F (6°C)
AQI36 (Good)
Rain27.0 in/yr
Sunny Days276/yr
Elevation1,345 ft (410 m)

Education

C
Bachelor's+13.6%
High School+95.5%
Graduate+5.0%
School Score6.08

Community

2024 VoteR 65% / D 33%
Commute27 min
Broadband22.0%
Libraries1

Is Farwell a Good Place to Live?

Based on current data, Farwell receives an overall livability score of 3.4 out of 5.0, earning a grade of B. Key strengths include low unemployment, affordable housing, abundant sunshine, high health insurance coverage. Areas to be aware of include an elevated poverty rate, below-average incomes. Farwell offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Farwell is $58,500, 22% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. The poverty rate of 28.6% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 27 minutes.

Cost of Living & Housing

The median home value in Farwell is $104,200, 63% below the national median — offering relatively affordable homeownership. At just 1.8x median income, home prices are very affordable relative to local earnings.

Education

13.6% of residents hold a bachelor's degree, below the national average of 33.7%. 95.5% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Farwell has a cool climate with an average annual temperature of 42°F. Winters average 10°F in January while summers reach 70°F in July. With 276 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 27.0 inches, including 44.6 inches of snow. Air quality is rated Good with a median AQI of 36.

Farwell has a population of 37 with a density of 148 people per square mile. The median age is 41.7 years, 7% older than the national median of 38.9. The city is predominantly White (100%).

Population

37
Total Population
148
People / sq mi
41.7yrs
Median Age
7% above US avg
0.3mi²
Land Area

Gender Distribution

Male 59.5%
Female 40.5%

Race & Ethnicity

Farwell vs U.S. Average

Language Spoken at Home

English Only94.4%
20% above US avg
Spanish5.6%
58% below US avg

Social Characteristics

Farwell vs U.S. Average

The median household income in Farwell is $58,500, which is 22% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 28.6% of residents live below the poverty line. Workers commute an average of 27 minutes.

Income: Farwell vs U.S.

Commute Mode

Income

Median HH Income$58,500
22% below US avg
Per Capita Income$30,843
Avg Weekly Wage$1,084
IRS Avg AGI$86,497

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate28.6%
131% above US avg
Establishments (County)381
County GDP$750M

Business (County)

Restaurants31
Healthcare22
Retail44
Manufacturing29

Tax & Cost of Living

Property Tax (IRS)$4,164
19% above US avg
Cost of Living98.60 (100=avg)
Effective Tax Rate4.00%

Commute & Transportation

Commute Time26.6 min
Drive Alone95.0%
Public Transit0.0%
Work from Home5.0%

Walkability

The median home value in Farwell is $104,200, 63% below the national average. Zillow estimates the typical home value at $355,015.

Home Value Sources

Ownership Split

Home Values

Census Median$104,200
63% below US avg
Zillow ZHVI$355,015

Real Estate Market (Redfin)

Rental Costs

Rent Burden30.1%

HUD Fair Market Rent

Studio$809
1 Bedroom$899
2 Bedrooms$1,125
3 Bedrooms$1,483
4 Bedrooms$1,698

Ownership & Property

Owner-Occupied95.5%
Housing Units23
Median Year Built1938

Property Tax

Avg Tax (IRS)$4,164
19% above US avg
Effective Rate4.00%
Farwell has an average annual temperature of 42°F (6°C). Winters average 10°F in January while summers reach 70°F in July. Annual precipitation is 27.0 inches. The area enjoys 276 sunny days per year. Air quality is rated Good with a median AQI of 36.

Temperature

10°F Jan (-12°C) 70°F Jul (21°C)
Annual Average42.2°F
22% below US avg
January Average10°F (-12°C)
July Average70°F (21°C)
Sunny Days276 days/yr

Precipitation & Snow

Annual Rainfall27.0 inches
29% below US avg
Snowfall44.6 inches/yr

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation1,345 ft (410 m)
Area0.3 sq mi (0.6 km²)
Population Density148/sq mi
Coordinates45.7523°N, 95.6189°W
TimezoneAmerica/Chicago
County FIPS27121
It is classified as Nonmetro — Rural, adjacent. 13.6% of residents hold a bachelor's degree or higher (60% below US avg). In the 2024 election, the county voted Republican by a 31.7-point margin. 22.0% of households have broadband internet.

2024 Presidential Election (County)

R 65%
D 33.4%

Winner: Republican by 31.7 points

Education

Bachelor's Degree+13.6%
60% below US avg
High School+95.5%
Graduate Degree+5.0%
School Test Score6.08
C Education Grade (2.1/5.0)

Urban-Rural Classification

RUCC Code 8Nonmetro — Rural, adjacent
Population Density148/sq mi
Total Area0.3 sq mi

Infrastructure & Services

Broadband Access22.0%
Public Libraries1
Healthcare Facilities22
Restaurants31
Retail Stores44

Safety & Disasters

Fatal Crashes (County/yr)4

Commute & Transportation

Avg Commute26.6 min
Drive Alone95.0%
Public Transit0.0%
Work from Home5.0%

Nearby Cities

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