Living in Farmer City, Illinois

Cost of living, income, home prices, rent and demographics of Farmer City · Census data 2020–2024

Farmer City has 1,885 residents with a median age of 42.2. The median household income is $67,067 (20% lower than the Illinois median), the median home value is $138,500, the median rent is $468/month.

Farmer City at a glance

Population
1,885
Median age
42.2State: 39
Median household income
$67,067State: $83,390
Median home value
$138,500State: $263,300
Median rent
$468/moState: $1,274
Homeowners
85.8%
Bachelor's degree or higher
17.5%
Average commute
26 min

Is Farmer City a good place to live?

Pros: Home values 47% lower than the state median; an average commute of 26 minutes; a poverty rate of 8.2%.

Cons: Median household income 20% lower than the Illinois median; unemployment of 9.2%.

The weather is best in May and July to September.

Cost of living in Farmer City

Housing is the biggest part of the cost of living. In Farmer City the median home value is $138,500, 58% lower than the U.S. median. Renters pay a median of $468 per month, which is 27% of household income. Homeowners with a mortgage pay $1,351 a month in housing costs.

Median home value

Farmer City$138,500
Illinois$263,300
United States$332,700

Median monthly rent

Farmer City$468
Illinois$1,274
United States$1,413

Farmer City median household income

The median household income in Farmer City is $67,067 and the income per person is $31,766. 8.2% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Farmer City$67,067
Illinois$83,390
United States$80,734

Housing in Farmer City: homes for sale and rent

Housing units
859
Owner-occupied
85.8%
Renter-occupied
14.2%
Vacant
11.2%Includes seasonal homes
Median year built
1958
Average household size
2.40

Farmer City demographics

Population
1,885
Median age
42.2
Under 18
25.8%
65 and older
18.9%
Households
763
Foreign-born
2.8%
Veterans
6.7%Adults 18+

Race and ethnicity

White93.7%
Hispanic or Latino4.2%
Black0%
Asian0.1%

Hispanic or Latino can be of any race. Population history of Farmer City ›

Education in Farmer City

17.5% of adults 25 and older in Farmer City have a bachelor's degree or higher (Illinois: 37.8%), and 7.9% have a graduate or professional degree.

Bachelor's degree or higher

Farmer City17.5%
Illinois37.8%
United States35.7%

Jobs and commute in Farmer City

Unemployment rate
9.2%State: 5.8%
Average commute
26 minState: 28 min
Work from home
6.9%
Drive alone
86.2%
Public transit
0%
Walk to work
2.2%
Homes with broadband
85.2%

Farmer City vs nearby towns

TownPopulationMedian incomeHome valueRent
Farmer City1,885$67,067$138,500$468
Mansfield866$78,750$142,200$1,021
De Land448$50,000$87,000$644
De Witt176$82,188$96,600—
Bellflower328$82,500$122,000$869
Le Roy3,236$81,875$167,600$830
Weldon350$60,625$100,000$950
White Heath163$98,409$168,500—
Saybrook744$52,721$98,100$923

More for people moving to Farmer City

Farmer City ZIP code ›Weather and climate ›

Living in Farmer City: FAQ

What is the median household income in Farmer City, IL?

The median household income in Farmer City is $67,067, 20% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Farmer City?

The median home value in Farmer City is $138,500, compared with $263,300 in Illinois.

How much is rent in Farmer City?

The median gross rent in Farmer City is $468 per month, about 27% of household income.

Is Farmer City, IL a good place to live?

Pluses: home values 47% lower than the state median; an average commute of 26 minutes; a poverty rate of 8.2%. Minuses: median household income 20% lower than the Illinois median; unemployment of 9.2%.

What is the median age in Farmer City?

The median age in Farmer City is 42.2 years (Illinois: 39).

How long is the commute in Farmer City?

The average commute to work in Farmer City is 26 minutes; 6.9% of workers work from home.

What is the unemployment rate in Farmer City?

The unemployment rate in Farmer City is 9.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Farmer City?

17.5% of adults in Farmer City have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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