Farley, IA
Population 1,809 · Iowa
About Farley, IA
Farley is a small town located in Iowa with a population of 1,809 residents according to the latest US Census Bureau American Community Survey data. The median household income is $96,563 per year, which is 28% above the national median of $75,149. The median age of 35.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Farley features a median home value of $242,600, which is 1% below the national median of $244,900. This positions Farley in a moderately priced market relative to the rest of the country. Median monthly rent is $893, 23% below the national average of $1,163/month. Of the 689 total housing units, 77% are owner-occupied (516 units) and 23% are renter-occupied (154 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Farley shows an unemployment rate of 5.5%, which is near the national rate of 3.7%. The poverty rate stands at 3.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Farley have an average one-way commute time of 21.8 minutes.
Education & Demographics
22.3% of Farley 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 2.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.1% Asian residents, with 0.2% of the population being foreign-born.
Cost of Living in Farley, IA
Compared to national averages, Farley has a median household income of $96,563 (28% above the national median of $75,149). Home values average $242,600, which is 1% below the national median. Monthly rent at $893 is 23% below the US average of $1,163. Within Iowa, Farley's income is 42% above the state average of $67,947, and home values are 83% above the state median of $132,237.
Why Live in Farley, IA?
Farley offers a strong local economy with a median household income of $96,563, well above the national average, and affordable housing with a median home value of $242,600, below the US average of $244,900, and rent that’s lower than the national average at $893/month. Additionally, the city features a low poverty rate of 3.0%, better than the national average, and short commute times averaging just 21.8 minutes.
Farley has a population of 1,809 with a median age of 35.4 years. Compare Farley with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Farley
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Reinbeck | 1,805 | $85,962 | $152,400 | Compare |
| Leon | 1,795 | $54,868 | $79,600 | Compare |
| Greenfield | 1,826 | $53,152 | $115,700 | Compare |
| Lisbon | 1,782 | $83,125 | $202,600 | Compare |
| Sac City | 1,782 | $57,487 | $106,400 | Compare |
| Moville | 1,840 | $96,250 | $174,600 | Compare |
| Kent Estates | 1,863 | $122,014 | $351,100 | Compare |
| Sigourney | 1,866 | $51,528 | $109,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Farley With Other Cities
Frequently Asked Questions about Farley
What is the population of Farley, IA?
The population of Farley, IA is 1,809 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Iowa.
What is the median household income in Farley?
The median household income in Farley, IA is $96,563 per year, which is 28% above the national median of $75,149.
What is the median home value in Farley?
The median home value in Farley, IA is $242,600, which is 1% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Farley?
The median monthly rent in Farley, IA is $893, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Farley?
The unemployment rate in Farley, IA is 5.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Farley, IA a good place to live?
Farley offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 1,809 and a median age of 35.4, the city appeals to a broad range of residents.
How educated is Farley, IA?
22.3% of residents in Farley 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 Farley?
Key cost-of-living indicators for Farley, IA: median home value is $242,600 (1% below national), median rent is $893/month, and median household income is $96,563. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Farley?
The poverty rate in Farley, IA is 3.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Farley, IA?
Farley's population is 2.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.1% Asian, and 1.5% two or more races. 0.2% of residents are foreign-born.