Farwell, MN Profile: Facts, Map & Data

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Farwell, Minnesota - Basic Facts

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The City of Farwell had a population of 50 as of July 1, 2017. Farwell ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Farwell is located at latitude 45.7527 and longitude -95.6186 in Pope County. The formal boundaries for the City of Farwell (see map below) encompass a land area of 0.29 sq. miles and a water area of 0 sq. miles. Pope County is in the Central time zone (GMT -6). The elevation is 1,345 feet.

The City of Farwell (GNIS ID: 2394752) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Beneath the boundary map are tables with Farwell population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.

Alternate Unofficial Names for Farwell: City of Farwell.


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City of Farwell, MN Boundary Map



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Farwell, MN Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 50
Daytime Population: Workers 4
Daytime Population: Residents 21
Total Daytime Population (TDP) 25
Ratio TDP/Total Population1 0.50
Population in Households 50
Population in Familes 41
Population in Group Qrtrs 0
Population Density2 174
Diversity Index3 4
 

INCOME

Median Household Income $56,588
Average Household Income $69,361
Per Capita Income $31,573

HOUSING

Total Housing Units 30 (100%)
Owner Occupied HU 22 (73.3%)
Renter Occupied HU 5 (16.7%)
Vacant Housing Units 3 ( 10.0%)
Median Home Value $108,333
Average Home Value $141,667
 

HOUSEHOLDS

Total Households 27
Average Household Size 1.85
Family Households 18
Average Family Size 2
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population -0.27% 0.4%
Households 0.0% 0.0%
Families 3.53% 0.0%
Median Household Income   2.29%
Per Capita Income   3.18%

Farwell, MN - Peer Comparisons by Rank and Percentile

The table below compares Farwell to the other 905 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 877 3rd
Population Density # 720 21st
Diversity Index # 868 4th
Median Household Income # 402 56th
Per Capita Income # 278 69th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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