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ZipNumbers

Texas · Census place 25548

Farwell city, TX

Quick answer

Farwell city has 1,359 residents, ranking #892 of 1863 places in Texas. Median household income is $56,932, the median home is worth $129,800 and median gross rent runs $1,153 a month.

Population
1,359Farwell city residents
Median household income
$56,932Past 12 months, inflation adjusted
Median home value
$129,800Owner-occupied units
Median gross rent
$1,153Rent plus utilities, monthly
Median age
32.2 yrsAll residents
Homeownership rate
65.6%Owner-occupied households

What the numbers mean in Farwell city

Housing cost measured against local earnings.

A household earning the Farwell city median would spend about 24.3% 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 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.2% of residents and 65.6% 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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