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ZipNumbers

Iowa · Census place 26940

Farnhamville city, IA

Quick answer

Farnhamville city has 417 residents, ranking #513 of 1026 places in Iowa. Median household income is $55,000, the median home is worth $69,200 and median gross rent runs $754 a month.

Population
417Farnhamville city residents
Median household income
$55,000Past 12 months, inflation adjusted
Median home value
$69,200Owner-occupied units
Median gross rent
$754Rent plus utilities, monthly
Median age
38.1 yrsAll residents
Homeownership rate
74.7%Owner-occupied households

What the numbers mean in Farnhamville city

Housing cost measured against local earnings.

A household earning the Farnhamville city median would spend about 16.5% 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 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.2% of residents and 74.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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