Farmersburg, IN
Population 1,083 · Indiana
About Farmersburg, IN
Farmersburg is a small town located in Indiana with a population of 1,083 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,667 per year, which is 31% below the national median of $75,149. The median age of 43.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Farmersburg features a median home value of $73,200, which is 70% below the national median of $244,900. This makes Farmersburg one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $682, 41% below the national average of $1,163/month. Of the 497 total housing units, 76% are owner-occupied (340 units) and 24% are renter-occupied (110 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Farmersburg shows an unemployment rate of 1.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Farmersburg have an average one-way commute time of 23 minutes.
Education & Demographics
12.4% of Farmersburg residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.5% of the population being foreign-born.
How Farmersburg Ranks in Indiana
Cost of Living in Farmersburg, IN
Compared to national averages, Farmersburg has a median household income of $51,667 (31% below the national median of $75,149). Home values average $73,200, which is 70% below the national median. Monthly rent at $682 is 41% below the US average of $1,163. Within Indiana, Farmersburg's income is 25% below the state average of $69,330, and home values are 55% below the state median of $163,409.
Why Live in Farmersburg, IN?
Farmersburg offers affordable housing with a median home value of $73,200, below the US average of $244,900, and rent that’s lower than the national average at $682/month, and a strong job market with an unemployment rate of just 1.3%. Additionally, the city features a low poverty rate of 10.5%, better than the national average, and short commute times averaging just 23 minutes.
Potential considerations include median household income ($51,667) that falls below the national average. However, Farmersburg’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Farmersburg has a population of 1,083 with a median age of 43.9 years. Compare Farmersburg with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Farmersburg
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Jimmerson Lake | 1,076 | $98,060 | $317,100 | Compare |
| Lake Holiday | 1,072 | $87,031 | $242,200 | Compare |
| Tri-Lakes | 1,070 | $113,214 | $293,900 | Compare |
| Andrews | 1,068 | $47,000 | $84,600 | Compare |
| Bass Lake | 1,067 | $71,714 | $233,900 | Compare |
| Akron | 1,061 | $59,479 | $136,900 | Compare |
| Gosport | 1,113 | $51,250 | $104,800 | Compare |
| Seelyville | 1,052 | $52,031 | $139,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Farmersburg With Other Cities
Frequently Asked Questions about Farmersburg
What is the population of Farmersburg, IN?
The population of Farmersburg, IN is 1,083 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Farmersburg?
The median household income in Farmersburg, IN is $51,667 per year, which is 31% below the national median of $75,149.
What is the median home value in Farmersburg?
The median home value in Farmersburg, IN is $73,200, which is 70% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Farmersburg?
The median monthly rent in Farmersburg, IN is $682, which is 41% below the national average of $1,163/month.
What is the unemployment rate in Farmersburg?
The unemployment rate in Farmersburg, IN is 1.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Farmersburg, IN a good place to live?
Farmersburg offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,083 and a median age of 43.9, the city appeals to a broad range of residents.
How educated is Farmersburg, IN?
12.4% of residents in Farmersburg aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Farmersburg?
Key cost-of-living indicators for Farmersburg, IN: median home value is $73,200 (70% below national), median rent is $682/month, and median household income is $51,667. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Farmersburg?
The poverty rate in Farmersburg, IN is 10.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Farmersburg, IN?
Farmersburg's population is 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.6% two or more races. 0.5% of residents are foreign-born.