Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.9 yrs |
|---|---|
| Avg HH Size | 2.37 |
| Below Poverty | 10.5% ≈ Avg |
| College Grads | 33.7% ▼ 13% below avg |
| Unemployment | 3.4% ▼ 31% below avg |
| No HS Diploma | 5 (0.2%) |
| HS Graduate | 868 (42%) |
| Some College | 250 (12.1%) |
| Associates | 248 (12%) |
| Bachelors | 236 (11.4%) |
| Graduate Degree | 461 (22.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $61,146 ▼ 20% below avg |
|---|---|
| Median Home Value | $165,000 ▼ 41% below avg |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $845/mo |
| Total Housing Units | 1,548 |
| Vacant Units | 167 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Farmland is a city in Indiana, located in Randolph County. The city spans 1 ZIP code and is home to approximately 3,267 residents. It is a middle-aged city, with a median age of 40.9 years.
Economically, Farmland is a solidly middle-class community. The median household income of $61,146 is below the national average. Approximately 10.5% of residents live below the poverty line. The unemployment rate is 3.4%, below the national average.
The real estate market in Farmland is an affordable housing market. Median home values stand at $165,000, which is below the national average. Renters typically pay around $845 per month. Homeownership is high at 74.7%, typical of suburban and family-oriented communities.
The population of Farmland is moderately educated. 33.7% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.82%).
Farmland, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47340 | 3,267 | $61,146 | $165,000 | $845 | 3.4% | 33.7% | 74.7% |