Farwell employment information

IndexFarwellMichiganNational
Income per capita$16,080$27,549$29,829
Median household income$25,787$50,803$55,322
Median income owner occupied$29,306$62,251$70,586
Median income renter occupied$18,438$28,598$35,192
Median earnings male$25,329$35,730$36,919
Median earnings female$16,500$22,948$26,250
Unemployment rate5.7%5.2%4.7%
Poverty level24.1%16.3%15.1%
The Farwell, MI employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Farwell is $16,080, which is 42% lower than than the Michigan average and 46% lower than than the national average. The median household income is $25,787, which is 49% lower than than the Michigan average and 53% lower than than the national average. The unemployment rate in Farwell is 6%, which is 22% higher than than the national average. The poverty rate in Farwell is 24% which is 60% higher than than the national average.

am i middle class

$Input your household income
$17,189$25,787$51,574
City
$33,865$50,803$101,606
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Farwell is 46% lower than the national average.
  • The median household income in Farwell is 53% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Farwell is 22% higher than the national average.
  • The poverty level in Farwell is 60% higher than the national average.

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Compare Farwell, MI Employment To Other Cities

Employment status

Hours worked per week

Farwell median earnings by income bracket

Farwell employment by industry

Labour TypeMaleFemale
Construction industry14.9%1.3%
Manufacturing sector14.9%0.0%
Financial & insurance services0.0%3.9%
Wholesale & retail services12.7%26.1%
Public administration7.5%2.6%
Transportation, warehousing & utilities6.7%2.0%
Education, health & social services6.0%34.6%
Other36.6%23.5%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Lake Isabella, MI2,010$65,56319%
Beal City, MI455$55,2380%
Loomis, MI186$37,14333%
Rosebush, MI357$35,62536%
Clare, MI3,110$32,05242%
Farwell, MI786$25,78753%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Oak Glen, CA786$146,827165%
Rankin, TX786$58,7506%
Nicholson, PA786$37,33333%
Maplesville, AL786$33,46240%
Plains, MT786$31,66743%
Farwell, MI786$25,78753%
Source: The Farwell, MI employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).