Illinois · Census place 25414
Farmer City city, IL
Quick answer
Farmer City city has 2,001 residents, ranking #505 of 1462 places in Illinois. Median household income is $73,147, the median home is worth $128,900 and median gross rent runs $500 a month.
- Population
- 2,001Farmer City city residents
- Median household income
- $73,147Past 12 months, inflation adjusted
- Median home value
- $128,900Owner-occupied units
- Median gross rent
- $500Rent plus utilities, monthly
- Median age
- 40.9 yrsAll residents
- Homeownership rate
- 85.3%Owner-occupied households
What the numbers mean in Farmer City city
Housing cost measured against local earnings.
A household earning the Farmer City city median would spend about 8.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.1% of residents and 85.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Hudson village 2,048
- Arthur village 2,024
- Earlville city 2,015
- Prairie Grove village 1,992
- Farmington city 1,990
- Channel Lake CDP 1,988
- Roanoke village 1,987
Keep going
More Illinois coverage.