Farwell, MN Employment - Median Household Income, Unemployment Rate

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F

42%

Income/capita NAT. AVG.

37%

Household income NAT. AVG.

13%

Unemployment NAT. AVG.

Index	Farwell	Minnesota	National
Income per capita	$17,258	$33,225	$29,829
Median household income	$35,000	$63,217	$55,322
Median income owner occupied	$31,250	$77,618	$70,586
Median income renter occupied	$0	$34,348	$35,192
Median earnings male	$0	$40,933	$36,919
Median earnings female	$23,750	$29,114	$26,250
Unemployment rate	5.3%	3.4%	4.7%
Poverty level	40.0%	10.8%	15.1%

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Key findings

The income per capita in Farwell is 42% lower than the national average
The median household income in Farwell is 37% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Farwell is 13% higher than the national average
The poverty level in Farwell is 165% higher than the national average

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am i middle class

$23,331 $35,000 $70,000

City

$42,140 $63,217 $126,434

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.

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Farwell median earnings by income bracket

Farwell employment by industry

Labour Type	Male	Female
Construction industry	0.0%	0.0%
Manufacturing sector	50.0%	50.0%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	0.0%	0.0%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	0.0%	0.0%
Education, health & social services	0.0%	0.0%
Other	50.0%	50.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Long Beach, MN	254	$87,500	58.2%
Lowry, MN	345	$70,341	27.1%
Forada, MN	162	$65,893	19.1%
Morris, MN	5,320	$58,628	6.0%
Starbuck, MN	1,351	$54,722	1.1%
Farwell, MN	26	$35,000	36.7%

Cities with similar population

City	Population	Household Income	National Avg.
Ko Vaya, AZ	26	$0	100.0%
Alderpoint, CA	26	$0	100.0%
Macdoel, CA	26	$0	100.0%
Towner, CO	26	$38,750	30.0%
Boykin, GA	26	$0	100.0%
Farwell, MN	26	$35,000	36.7%

Source: The Farwell, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).