Farmland, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Farmland, Indiana had a total population of 1,276, the 301st largest town in Indiana, with a median household income of $41,206, which is 43% lower than the state average. The poverty rate is 22.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 43% below the state average, indicating significant economic challenges.
- Housing is very affordable with a home-value-to-income ratio of just 2.4x.
Farmland Quick Facts
How Farmland Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,345 | 1,276 | -5.1% |
| Median household income | $41,516 | $41,206 | -0.7% |
| Median home value | $92,900 | $99,200 | +6.8% |
How Farmland Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Farmland Rankings in Indiana
Explore Indiana Rankings
Other Cities in Randolph County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Winchester | 5,284 | $52,439 | 18.3% | $97,600 |
| Union City | 3,569 | $39,360 | 31.2% | $79,300 |
| Parker City | 1,211 | $58,558 | 18.8% | $94,200 |
| Lynn | 943 | $38,438 | 14.1% | $83,900 |
| Ridgeville | 569 | $38,750 | 13.2% | $47,600 |
| Saratoga | 249 | $53,125 | 11.7% | $65,800 |
| Losantville | 238 | $54,107 | 12.2% | $92,500 |
| Modoc | 180 | $64,167 | 10.6% | $65,000 |
Cities Similar to Farmland
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Taylorsville | 1,248 | N/A | $169,100 | 17.9% | 33.9% |
| Redkey | 1,332 | $42,986 | $85,400 | 9.7% | 34.6% |
| Shelburn | 1,264 | $46,458 | $73,700 | 8.4% | 24.7% |
| Culver | 1,392 | $42,857 | $243,900 | 36.4% | 36.6% |
| Ashley | 1,230 | $49,091 | $132,100 | 8.2% | 11.1% |
Population Overview
Farmland is a small community located in Indiana, within Randolph County. The total population is 1,276. It ranks as the 301st most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Farmland is 32.2 years. This is 15% lower than the state median of 38.1 years.
Economy, Income & Housing
The median household income in Farmland is $41,206. This is 43% lower than the state median of $71,957. It is also 49% lower than the national median of $80,734. The poverty rate stands at 22.4%. This is 82% higher than the state poverty rate of 12.3%. 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 4.2%. This is 2% lower than the state rate of 4.3%. The median home value is $99,200. Housing costs are 55% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.4x, Farmland is one of the most affordable housing markets in the area. 56.0% of occupied housing units are owner-occupied. This homeownership rate is 21% lower than the state average of 70.5%.
Race & Ethnicity
Farmland has a predominantly White (non-Hispanic) population, comprising 95.1% of all residents. Hispanic or Latino residents account for 1.8%. The Hispanic or Latino population (1.8%) is well below the state average of 8.6%. The Asian population (0.2%) is well below the state average of 2.6%.
Education
12.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 57% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.0%.
Data Sources & Methodology
All demographic data for Farmland, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Farmland, Indiana?
Farmland, Indiana has a population of 1,276 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Farmland, IN?
The median household income in Farmland is $41,206, which is 49% lower than the national median of $80,734.
What is the poverty rate in Farmland, IN?
The poverty rate in Farmland is 22.4%. This means approximately 286 residents live below the federal poverty line.
What is the racial makeup of Farmland, Indiana?
Farmland's population is 95.1% White, 0.0% Black, 1.8% Hispanic/Latino, and 0.2% Asian.
What is the median home value in Farmland, IN?
The median home value in Farmland is $99,200. The home-value-to-income ratio is 2.4x.
How educated is Farmland, Indiana?
12.7% of adults (25+) in Farmland hold a bachelor's degree or higher, and 4.3% hold a graduate or professional degree.