Farwell, PA
Population 378 · Pennsylvania
About Farwell, PA
Farwell is a small community located in Pennsylvania with a population of 378 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,840 per year, which is 38% below the national median of $75,149. The median age of 55.5 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 Farwell features a median home value of $178,000, which is 27% below the national median of $244,900. This positions Farwell in a moderately priced market relative to the rest of the country. Median monthly rent is $850, 27% below the national average of $1,163/month. Of the 228 total housing units, 88% are owner-occupied (186 units) and 12% are renter-occupied (26 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Farwell shows an unemployment rate of 6.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 3.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Farwell have an average one-way commute time of 22 minutes.
Education & Demographics
16.2% of Farwell 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, 0.0% Hispanic or Latino, 2.9% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Farwell, PA
Compared to national averages, Farwell has a median household income of $46,840 (38% below the national median of $75,149). Home values average $178,000, which is 27% below the national median. Monthly rent at $850 is 27% below the US average of $1,163. Within Pennsylvania, Farwell's income is 36% below the state average of $73,376, and home values are 7% below the state median of $190,903.
Why Live in Farwell, PA?
Farwell offers affordable housing with a median home value of $178,000, below the US average of $244,900, and rent that’s lower than the national average at $850/month, and a low poverty rate of 3.7%, better than the national average. Additionally, the city features short commute times averaging just 22 minutes.
Potential considerations include median household income ($46,840) that falls below the national average. However, Farwell’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Farwell has a population of 378 with a median age of 55.5 years. Compare Farwell with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Farwell
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eagle | 378 | $84,375 | $327,000 | Compare |
| Pymatuning South | 378 | $47,054 | $100,000 | Compare |
| Donaldson | 379 | $63,500 | $92,500 | Compare |
| Kimberton | 377 | $0 | $397,800 | Compare |
| Cooperstown | 380 | $61,058 | $112,500 | Compare |
| Mildred | 380 | $88,958 | $118,000 | Compare |
| Rockhill | 380 | $74,375 | $142,500 | Compare |
| Fredonia | 382 | $48,571 | $94,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Farwell
What is the population of Farwell, PA?
The population of Farwell, PA is 378 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Pennsylvania.
What is the median household income in Farwell?
The median household income in Farwell, PA is $46,840 per year, which is 38% below the national median of $75,149.
What is the median home value in Farwell?
The median home value in Farwell, PA is $178,000, which is 27% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Farwell?
The median monthly rent in Farwell, PA is $850, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Farwell?
The unemployment rate in Farwell, PA is 6.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Farwell, PA a good place to live?
Farwell offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 378 and a median age of 55.5, the city appeals to established professionals and retirees.
How educated is Farwell, PA?
16.2% of residents in Farwell 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 Farwell?
Key cost-of-living indicators for Farwell, PA: median home value is $178,000 (27% below national), median rent is $850/month, and median household income is $46,840. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Farwell?
The poverty rate in Farwell, PA is 3.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Farwell, PA?
Farwell's population is 0.0% White, 0.0% Hispanic or Latino, 2.9% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.