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Farwell, Texas Demographics & Population 2026

During the 2020–2024 ACS period, Farwell, Texas had a total population of 1,306, the 912th largest city in Texas, with a median household income of $56,875, which is 28% lower than the state average. The poverty rate is 16.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Farwell Quick Facts

Population 1,306
Median Household Income $56,875
Median Home Value $149,000
Poverty Rate 16.3%
Unemployment Rate 0.0%
Median Age 32.3 years
Homeownership Rate 65.8%
Affordability Ratio 2.6x
Bachelor's Degree or Higher 18.3%
High School Graduation Rate 83.8%
Diversity Index 53/100
Population 1,306 912th of 1,795
Median Income $56,875 below average
Poverty Rate 16.3% 31% higher than national
Median Home Value $149,000 average

How Farwell Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,3591,306-3.9%
Median household income$56,932$56,875-0.1%
Median home value$129,800$149,000+14.8%

How Farwell Compares

Economy & Housing

Household Income Distribution

Under $25K 15.4%
$25K-$50K 27.7%
$50K-$100K 32.4%
$100K+ 24.4%
Detailed income brackets
Under $10K
5.1%
$10K-$15K
0.9%
$15K-$20K
4.7%
$20K-$25K
4.7%
$25K-$30K
1.6%
$30K-$35K
2.9%
$35K-$40K
2.9%
$40K-$45K
2.0%
$45K-$50K
18.3%
$50K-$60K
9.8%
$60K-$75K
6.5%
$75K-$100K
16.1%
$100K-$125K
9.6%
$125K-$150K
5.6%
$150K-$200K
5.1%
$200K+
4.0%

Employment

0.0% Unemployment Rate State: 5.3%|National: 5.2%
62.7% Labor Force Participation

Housing Overview

Owner 65.8%
Renter 34.2%
Affordability Index Very Affordable
2.6x home value to income ratio
Median gross rent $1,338/mo 28.2% of median household income annually

People & Demographics

Diversity Index

53out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 67 | National average: 61

Education

Farwell Rankings in Texas

#912 Population of 1,795
#990 Median Income of 1,546
#841 Education of 1,795
#927 Home Value of 1,542

Other Cities in Parmer County

CityPopulationMedian IncomePovertyHome Value
Friona 4,102 $66,801 8.9% $125,500
Bovina 1,488 $48,500 16.4% $113,700

Cities Similar to Farwell

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Kemp1,302$55,833$168,10013.0%25.2%
Rogers1,303$55,625$97,4005.9%21.3%
Oyster Creek1,288N/A$164,5002.6%13.8%
Omaha1,316$55,500$106,00022.0%17.1%
Beauxart Gardens1,276N/A$171,60010.0%3.2%

Population Overview

Farwell is a small community located in Texas, within Parmer County. The total population is 1,306. It ranks as the 912th most populous out of 1,795 Census-designated places in Texas.

Age Demographics

The median age in Farwell is 32.3 years. This is 9% lower than the state median of 35.6 years. With 36.0% of the population under 18, Farwell has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Farwell is $56,875. This is 28% lower than the state median of $78,476. It is also 30% lower than the national median of $80,734. The poverty rate stands at 16.3%. This is 18% higher than the state poverty rate of 13.8%. The survey records no unemployed residents in Farwell, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $149,000. Housing costs are 47% lower than the state median of $283,800. With a home-value-to-income ratio of just 2.6x, Farwell is one of the most affordable housing markets in the area. 65.8% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Farwell is Hispanic or Latino, making up 53.3% of the population. White (non-Hispanic) residents account for 43.3%. The Black or African American population (0.8%) is well below the state average of 11.9%.

Education

18.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 46% lower than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 83.8%.

Data Sources & Methodology

All demographic data for Farwell, Texas 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 Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. 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 Farwell, Texas?

Farwell, Texas has a population of 1,306 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Farwell, TX?

The median household income in Farwell is $56,875, which is 30% lower than the national median of $80,734.

What is the poverty rate in Farwell, TX?

The poverty rate in Farwell is 16.3%. This means approximately 204 residents live below the federal poverty line.

What is the racial makeup of Farwell, Texas?

Farwell's population is 43.3% White, 0.8% Black, 53.3% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Farwell, TX?

The median home value in Farwell is $149,000. The home-value-to-income ratio is 2.6x.

How educated is Farwell, Texas?

18.3% of adults (25+) in Farwell hold a bachelor's degree or higher, and 3.0% hold a graduate or professional degree.