Farmland town, Indiana Demographics & Population 2026
As of 2026, Farmland town, Indiana has a total population of 1,345, the 295th largest city in Indiana, with a median household income of $41,516, which is 41% lower than the state average. The poverty rate is 20.1%.
Key Takeaways
- Household income is 41% below the state average, indicating significant economic challenges.
- Housing is very affordable with a home-value-to-income ratio of just 2.2x.
Farmland town Quick Facts
How Farmland town Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Farmland town Rankings in Indiana
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Cities Similar to Farmland town
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Shelburn town | 1,325 | $41,176 | $72,000 | 7.5% | 23.2% |
| Culver town | 1,346 | $44,250 | $238,500 | 40.4% | 22.9% |
| Warren Park town | 1,411 | $39,865 | $194,400 | 18.9% | 18.3% |
| Redkey town | 1,451 | $40,667 | $78,300 | 8.3% | 36.8% |
| Montpelier city | 1,444 | $42,833 | $77,100 | 7.9% | 24.5% |
Population Overview
Farmland town is a small community located in Indiana. The total population is 1,345. It ranks as the 295th most populous out of 967 cities and towns in Indiana.
Age Demographics
The median age in Farmland town is 32.1 years. This is 16% lower than the state median of 38.0 years.
Economy, Income & Housing
The median household income in Farmland town is $41,516. This is 41% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 47% lower. The poverty rate stands at 20.1%. This is 65% higher than the state poverty rate of 12.2%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 5.7%. This is 31% higher than the state rate of 4.3%. The median home value is $92,900. Housing costs are 54% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.2x, Farmland town is one of the most affordable housing markets in the area. 52.9% of occupied housing units are owner-occupied. This homeownership rate is 25% lower than the state average of 70.3%.
Race & Ethnicity
Farmland town has a predominantly White (non-Hispanic) population, comprising 96.1% of all residents. Hispanic or Latino residents account for 1.6%. The Hispanic or Latino population (1.6%) is well below the state average of 8.4%. The Asian population (0.4%) is well below the state average of 2.5%.
Education
11.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 62% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.9%.
Data Sources & Methodology
All demographic data for Farmland town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Farmland town, Indiana?
Farmland town, Indiana has a population of 1,345 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Farmland town, IN?
The median household income in Farmland town is $41,516, which is 47% lower the national median of $78,538.
What is the poverty rate in Farmland town, IN?
The poverty rate in Farmland town is 20.1%. This means approximately 270 residents live below the federal poverty line.
What is the racial makeup of Farmland town, Indiana?
Farmland town's population is 96.1% White, 0.0% Black, 1.6% Hispanic/Latino, and 0.4% Asian.
What is the median home value in Farmland town, IN?
The median home value in Farmland town is $92,900. The home-value-to-income ratio is 2.2x.
How educated is Farmland town, Indiana?
11.0% of adults (25+) in Farmland town hold a bachelor's degree or higher, and 4.2% hold a graduate or professional degree.