Farwell village, Michigan Demographics & Population 2026

Population Overview

Farwell village is a small community located in Michigan. The total population is 1,086. It ranks as the 422nd most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Farwell village is 39.5 years. This is 1% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Farwell village is $40,667. This is 43% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 48% lower. The poverty rate stands at 26.3%. This is 102% higher than the state poverty rate of 13.1%. 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 5.3%. This is 9% lower than the state rate of 5.8%. The median home value is $95,800. Housing costs are 56% lower than the state median of $217,600. With a home-value-to-income ratio of just 2.4x, Farwell village is one of the most affordable housing markets in the area. 64.6% of occupied housing units are owner-occupied. This homeownership rate is 11% lower than the state average of 72.9%.

Race & Ethnicity

Farwell village has a predominantly White (non-Hispanic) population, comprising 88.8% of all residents. Asian residents account for 3.6%. The Black or African American population (1.2%) is well below the state average of 13.2%. The Hispanic or Latino population (2.2%) is well below the state average of 5.7%.

Education

11.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 63% lower than the state rate of 31.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 78.7%.

Data Sources & Methodology

All demographic data for Farwell village, Michigan 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 Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. For official data, visit data.census.gov.