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
Compare with nearby places
Places of similar size in Texas.
- Rollingwood city 1,371
- Powderly CDP 1,361
- Buchanan Dam CDP 1,359
- Carrizo Hill CDP 1,355
- Poetry town 1,352
- Roscoe city 1,347
- Somerville city 1,347
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