Living in Farnhamville, Iowa
Cost of living, income, home prices, rent and demographics of Farnhamville · Census data 2020–2024
Farnhamville has 386 residents with a median age of 40. The median household income is $57,188 (24% lower than the Iowa median), the median home value is $72,300.
Farnhamville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Farnhamville at a glance
- Population
- 386
- Median age
- 40State: 38.6
- Median household income
- $57,188State: $75,059
- Median home value
- $72,300State: $208,000
- Homeowners
- 81.9%
- Bachelor's degree or higher
- 15.5%
- Average commute
- 32 min
Is Farnhamville a good place to live?
Pros: Home values 65% lower than the state median; unemployment of 1.2%.
Cons: Median household income 24% lower than the Iowa median; an average commute of 32 minutes; a poverty rate of 16.2%.
The weather is best in June to September.
Cost of living in Farnhamville
Housing is the biggest part of the cost of living. In Farnhamville the median home value is $72,300, 78% lower than the U.S. median. Renters pay a median of — per month, which is 24.4% of household income. Homeowners with a mortgage pay $914 a month in housing costs.
Farnhamville median household income
The median household income in Farnhamville is $57,188 and the income per person is $30,483. 16.2% of residents live below the poverty line (Iowa: 11.1%).
Housing in Farnhamville: homes for sale and rent
- Housing units
- 178
- Owner-occupied
- 81.9%
- Renter-occupied
- 18.1%
- Vacant
- 3.9%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.26
Farnhamville demographics
- Population
- 386
- Median age
- 40
- Under 18
- 27.7%
- 65 and older
- 25.1%
- Households
- 171
- Foreign-born
- 0%
- Veterans
- 10.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Farnhamville ›
Education in Farnhamville
15.5% of adults 25 and older in Farnhamville have a bachelor's degree or higher (Iowa: 31.4%), and 6% have a graduate or professional degree.
Jobs and commute in Farnhamville
- Unemployment rate
- 1.2%State: 3.6%
- Average commute
- 32 minState: 20 min
- Work from home
- 6.6%
- Drive alone
- 79.6%
- Public transit
- 0%
- Walk to work
- 6%
- Homes with broadband
- 86.5%
Farnhamville vs nearby towns
More for people moving to Farnhamville
Farnhamville ZIP code ›Weather and climate ›Living in Farnhamville: FAQ
What is the median household income in Farnhamville, IA?
The median household income in Farnhamville is $57,188, 24% lower 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 Farnhamville?
The median home value in Farnhamville is $72,300, compared with $208,000 in Iowa.
Is Farnhamville, IA a good place to live?
Pluses: home values 65% lower than the state median; unemployment of 1.2%. Minuses: median household income 24% lower than the Iowa median; an average commute of 32 minutes; a poverty rate of 16.2%.
What is the median age in Farnhamville?
The median age in Farnhamville is 40 years (Iowa: 38.6).
How long is the commute in Farnhamville?
The average commute to work in Farnhamville is 32 minutes; 6.6% of workers work from home.
What is the unemployment rate in Farnhamville?
The unemployment rate in Farnhamville is 1.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Farnhamville?
15.5% of adults in Farnhamville 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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