Farwell, Minnesota has a population of 50, with a median household income of $41,200.
Current population data for Farwell.
50
$41,200
5.40%
$95,000
8.20
50.00 Mbps
Farwell is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Farwell, located in Minnesota, is a city that reflects important demographic and economic patterns within the region.
Farwell has a population of 50, which is below the state average. This suggests a smaller and more localized community environment.
The median household income in Farwell is $41,200, which is below the state average, indicating moderate economic conditions.
The average housing price in Farwell is about $95,000, making it relatively affordable compared to many cities in Minnesota.
The unemployment rate in Farwell is 5.40%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Farwell are higher than the state average, which may be a factor for residents to consider.
Compared to other cities in Minnesota, Farwell shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
Overall, Farwell offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.
The population of Farwell is approximately 50.
Farwell offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Farwell is around $41,200.
The average housing price in Farwell is approximately $95,000.