Living in Farley, Iowa

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

Farley has 1,889 residents with a median age of 34.3. The median household income is $97,143 (29% higher than the Iowa median), the median home value is $266,000, the median rent is $991/month.

Farley at a glance

Population
1,889
Median age
34.3State: 38.6
Median household income
$97,143State: $75,059
Median home value
$266,000State: $208,000
Median rent
$991/moState: $972
Homeowners
73.9%
Bachelor's degree or higher
23.6%
Average commute
23 min

Is Farley a good place to live?

Pros: Median household income 29% higher than the Iowa median; a poverty rate of 3.6%.

Cons: Home values 28% higher than the state median; an average commute of 23 minutes; unemployment of 4.9%.

The weather is best in June to September.

Cost of living in Farley

Housing is the biggest part of the cost of living. In Farley the median home value is $266,000, 20% lower than the U.S. median. Renters pay a median of $991 per month, which is 26.7% of household income. Homeowners with a mortgage pay $1,600 a month in housing costs.

Median home value

Farley$266,000
Iowa$208,000
United States$332,700

Median monthly rent

Farley$991
Iowa$972
United States$1,413

Farley median household income

The median household income in Farley is $97,143 and the income per person is $38,115. 3.6% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Farley$97,143
Iowa$75,059
United States$80,734

Housing in Farley: homes for sale and rent

Housing units
708
Owner-occupied
73.9%
Renter-occupied
26.1%
Vacant
2.5%Includes seasonal homes
Median year built
1978
Average household size
2.73

Farley demographics

Population
1,889
Median age
34.3
Under 18
30.3%
65 and older
16.1%
Households
690
Foreign-born
0.2%
Veterans
5.2%Adults 18+

Race and ethnicity

White95.7%
Hispanic or Latino2.1%
Black1.5%
Asian0%

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

Education in Farley

23.6% of adults 25 and older in Farley have a bachelor's degree or higher (Iowa: 31.4%), and 8.4% have a graduate or professional degree.

Bachelor's degree or higher

Farley23.6%
Iowa31.4%
United States35.7%

Jobs and commute in Farley

Unemployment rate
4.9%State: 3.6%
Average commute
23 minState: 20 min
Work from home
7.4%
Drive alone
82.7%
Public transit
0%
Walk to work
0.5%
Homes with broadband
93.6%

Farley vs nearby towns

TownPopulationMedian incomeHome valueRent
Farley1,889$97,143$266,000$991
Epworth1,894$84,271$239,900$951
Dyersville4,423$83,559$234,100$1,091
Worthington431$97,500$166,800—
Peosta2,040$120,833$336,000$1,056
New Vienna372$93,250$201,600$733
Centralia117$77,500$223,100$867
Cascade2,375$69,688$196,200$900
Holy Cross280$64,375$192,400$633

More for people moving to Farley

Farley ZIP code ›Weather and climate ›

Living in Farley: FAQ

What is the median household income in Farley, IA?

The median household income in Farley is $97,143, 29% higher than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Farley?

The median home value in Farley is $266,000, compared with $208,000 in Iowa.

How much is rent in Farley?

The median gross rent in Farley is $991 per month, about 26.7% of household income.

Is Farley, IA a good place to live?

Pluses: median household income 29% higher than the Iowa median; a poverty rate of 3.6%. Minuses: home values 28% higher than the state median; an average commute of 23 minutes; unemployment of 4.9%.

What is the median age in Farley?

The median age in Farley is 34.3 years (Iowa: 38.6).

How long is the commute in Farley?

The average commute to work in Farley is 23 minutes; 7.4% of workers work from home.

What is the unemployment rate in Farley?

The unemployment rate in Farley is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Farley?

23.6% of adults in Farley 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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