Median Household Income
$56,875 ± $17,134
Median Home Value
$149,000 ± $15,968
Median Gross Rent
$1,338 ± $537/mo
Per Capita Income
$25,185
Poverty Rate
16.3%
Unemployment Rate
0.0%
Homeownership Rate
65.8%
Bachelor's Degree or Higher
18.3%
Median Age
32.3
Average Commute
17 min
Households
447
Veterans
154
Population Over Time
Farwell shrank 25.0% from 2014 to 2024.
2014
1,741
2016
1,556
2018
1,388
2020
1,535
2022
1,530
2024
1,306
Population by Race & Ethnicity
White
88.2%
Hispanic or Latino
53.3%
Black or African American
0.8%
Asian
0.0%
Nearby Cities in Texas
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.