Farmersburg, IA
Population 364 · Iowa
About Farmersburg, IA
Farmersburg is a small community located in Iowa with a population of 364 residents according to the latest US Census Bureau American Community Survey data. The median household income is $48,542 per year, which is 35% below the national median of $75,149. The median age of 34.7 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 Farmersburg features a median home value of $79,000, which is 68% 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 $675, 42% below the national average of $1,163/month. Of the 173 total housing units, 85% are owner-occupied (137 units) and 15% are renter-occupied (24 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Farmersburg shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 17.0%, above the national average of 12.4%. Workers in Farmersburg have an average one-way commute time of 35.8 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
5.9% 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 0.3% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Farmersburg, IA
Compared to national averages, Farmersburg has a median household income of $48,542 (35% below the national median of $75,149). Home values average $79,000, which is 68% below the national median. Monthly rent at $675 is 42% below the US average of $1,163. Within Iowa, Farmersburg's income is 29% below the state average of $67,947, and home values are 40% below the state median of $132,237.
Why Live in Farmersburg, IA?
Farmersburg offers affordable housing with a median home value of $79,000, below the US average of $244,900, and rent that’s lower than the national average at $675/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($48,542) 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 364 with a median age of 34.7 years. Compare Farmersburg with other cities to see how it stacks up, or explore all cities in Iowa.
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Demographics
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Economy & Education
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Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Farmersburg
What is the population of Farmersburg, IA?
The population of Farmersburg, IA is 364 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Farmersburg?
The median household income in Farmersburg, IA is $48,542 per year, which is 35% below the national median of $75,149.
What is the median home value in Farmersburg?
The median home value in Farmersburg, IA is $79,000, which is 68% 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, IA is $675, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Farmersburg?
The unemployment rate in Farmersburg, IA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Farmersburg, IA a good place to live?
Farmersburg offers a moderate cost of living, affordable housing, and a strong job market. With a population of 364 and a median age of 34.7, the city appeals to young professionals and families.
How educated is Farmersburg, IA?
5.9% 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, IA: median home value is $79,000 (68% below national), median rent is $675/month, and median household income is $48,542. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Farmersburg?
The poverty rate in Farmersburg, IA is 17.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Farmersburg, IA?
Farmersburg's population is 0.3% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.