Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 32.4 yrs |
|---|---|
| Avg HH Size | 3.13 |
| Below Poverty | 13.8% ▲ 38% above avg |
| College Grads | 32.5% ▼ 16% below avg |
| Unemployment | 1.3% ▼ 73% below avg |
| No HS Diploma | 1 (0.1%) |
| HS Graduate | 354 (34.4%) |
| Some College | 171 (16.6%) |
| Associates | 169 (16.4%) |
| Bachelors | 88 (8.6%) |
| Graduate Degree | 246 (23.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,415 ▼ 18% below avg |
|---|---|
| Median Home Value | $137,500 ▼ 51% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $1,133/mo |
| Total Housing Units | 812 |
| Vacant Units | 121 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Farwell is a city in Texas, located in Parmer County. The city spans 1 ZIP code and is home to approximately 2,204 residents. It is a relatively young city, with a median age of 32.4 years.
Economically, Farwell is a solidly middle-class community. The median household income of $62,415 is below the national average. Approximately 13.8% of residents live below the poverty line. The unemployment rate is 1.3%, well below the national average.
The real estate market in Farwell is one of the more affordable housing markets in the country. Median home values stand at $137,500, which is well below the national average. Renters typically pay around $1,133 per month. Homeownership is high at 66.9%, typical of suburban and family-oriented communities.
The population of Farwell is moderately educated. 32.5% of adults hold a bachelor's degree or higher — below the national average. The community is majority Hispanic (55.08%).
Farwell, TX offers residents a cost-conscious lifestyle within Texas.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 79325 | 2,204 | $62,415 | $137,500 | $1,133 | 1.3% | 32.5% | 66.9% |