Housing data for Farmland, IN
Farmland, IN has an estimated 1,276 residents and 611 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Randolph County.
44.0% of households rent.
The median gross rent is $832 a month.
Figures last updated on .
- Residents
- 1,276 (±259)
- Housing units
- 611 (±117)
- Households that rent
- 44.0%
- Median gross rent
- $832
- Residents since 2015–2019
- −9.9%
What stands out in Farmland
Households that rent: 44.0% (±10.0 points) in Farmland, higher than in Randolph County (22.7%).
Households that moved in since 2020: 30.1% (±8.4 points) in Farmland, higher than in Randolph County (20.7%).
Median household income: $41,206 (±$1,962) in Farmland, lower than in Randolph County ($60,791).
Working from home: 2.2% (±2.0 points) in Farmland, lower than in Randolph County (5.6%).
- Renters and owners in Farmland
- How long people stay in Farmland
- Income and affordability in Farmland
- Commute and cars in Farmland
Housing in Farmland at a glance
- Median rent: $832 median gross rent a month
- Rent by bedrooms: $734 median gross rent, 2 bedrooms
- Rent burden: 71.0% of renters pay 30% or more of income
- Renters and owners: 44.0% of households rent
- Income and affordability: $41,206 median household income
- Home values: $99,200 median home value
- Homeowner costs: $908 median monthly cost with a mortgage
- Property taxes: $746 median real estate taxes a year
- Types of homes: 0.5% of homes are in buildings of 5 or more units
- Bedrooms: 65.3% of homes have 3 or more bedrooms
- Age of homes: 78.7% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 47.4% heat with electricity
- Commute and cars: 23.0 minutes average trip to work
- Growth: −9.9% residents since 2015–2019
- How long people stay: 30.1% moved in since 2020
- Crowding and facilities: 1.9% of homes have more than 1 person per room (Small sample: wide margin of error)
Farmland against Randolph County, its state and the nation
| Farmland | Randolph County | Indiana | United States | |
|---|---|---|---|---|
| Residents | 1,276 (±259) | 24,387 (exact) | 6,851,073 (exact) | 334,922,499 |
| Housing units | 611 (±117) | 11,412 (±35) | 2,976,568 (±617) | 143,775,355 |
| Households that rent | 44.0% (±10.0 points) | 22.7% (±2.6 points) | 29.4% (±0.3 points) | 34.8% |
| Median gross rent | $832 (±$132) | $723 (±$43) | $1,062 (±$5) | $1,413 |
| Median household income | $41,206 (±$1,962) | $60,791 (±$5,111) | $71,957 (±$352) | $80,734 |
| Median home value | $99,200 (±$8,885) | $113,400 (±$6,651) | $218,200 (±$739) | $332,700 |
| Median real estate taxes (a year) | $746 (±$168) | $900 (±$40) | $1,614 (±$9) | $3,119 |
| Built before 1980 | 78.7% (±13.0 points) | 76.1% (±4.6 points) | 55.0% (±0.3 points) | 49.7% |
| Average commute | 23.0 minutes (±3.3) | 24.3 minutes (±1.7) | 24.1 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 93.0% (±3.6 points) | 86.3% (±1.9 points) | 89.9% (±0.2 points) | 91.0% |
| Median age of residents | 32.2 years (±8.4) | 42.3 years (±0.8) | 38.1 years (±0.2) | 38.9 years |
Farmland covers 0.5 square miles of land, about 2,403 residents per square mile (Census Bureau Gazetteer).
How Farmland has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,416 (±191) | 1,276 (±259) | −9.9% | Not a measurable change |
| Housing units | 616 (±84) | 611 (±117) | −0.8% | Not a measurable change |
| Median gross rent | $665 (±$34) | $832 (±$132) | +25.1% | No measurable change after inflation |
| Median home value | $71,200 (±$8,724) | $99,200 (±$8,885) | +39.3% | No measurable change after inflation |
| Median household income | $48,235 (±$5,286) | $41,206 (±$1,962) | −14.6% | Down after inflation |
| Median owner cost with a mortgage | $854 (±$73) | $908 (±$41) | +6.3% | Down after inflation |
| Median real estate taxes | $663 (±$84) | $746 (±$168) | +12.5% | No measurable change after inflation |
| Households that rent | 24.9% (±6.0 points) | 44.0% (±10.0 points) | +19.1 percentage points | Measurable increase |
| Rental vacancy rate | 5.4% (±8.5 points) | 0.0% (±13.5 points) | −5.4 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Places near Farmland
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Monroe Township (Randolph County) | 2.3 mi | $818 | $115,300 | 27.5% |
| Stoney Creek Township (Randolph County) | 3.4 mi | — | $220,600 | 13.8% |
| Parker City | 4.0 mi | $717 | $94,200 | 26.7% |
| Green Township (Randolph County) | 5.9 mi | $1,679 | $142,300 | 19.0% |
| White River Township (Randolph County) | 6.7 mi | $805 | $106,100 | 24.9% |
| Franklin Township (Randolph County) | 7.2 mi | $625 | $62,000 | 24.4% |
| Liberty Township (Delaware County) | 7.7 mi | $863 | $133,100 | 17.8% |
| Selma | 7.7 mi | $910 | $106,400 | 26.5% |
Places in Indiana most like Farmland
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Oakland City | $880 | $109,500 | $48,850 | 40.0% |
| Monon | $912 | $96,000 | $49,286 | 37.1% |
| Center Township (Grant County) | $838 | $83,500 | $42,698 | 40.6% |
| Linton | $812 | $86,000 | $45,440 | 39.0% |
| Van Buren Township (Pulaski County) | $913 | $85,600 | $53,214 | 40.7% |
| Paoli | $799 | $150,700 | $42,906 | 37.8% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Indiana.
HUD Fair Market Rent for Farmland, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $706 | $931 | $1,014 | $1,328 | $1,333 |
HUD income limits for Farmland, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $17,850 | $29,700 | $47,500 |
| 2 people | $21,640 | $33,950 | $54,300 |
| 3 people | $27,320 | $38,200 | $61,100 |
| 4 people | $33,000 | $42,400 | $67,850 |
| 5 people | $38,680 | $45,800 | $73,300 |
| 6 people | $44,360 | $49,200 | $78,750 |
| 7 people | $50,040 | $52,600 | $84,150 |
| 8 people | $55,720 | $56,000 | $89,600 |
These are the limits HUD sets for its housing programs in the Randolph County, IN, where HUD’s median family income for fiscal year 2026 is $78,100.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Farmland
What is the average rent in Farmland, IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Farmland is $832 (±$132) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Farmland?
The median gross rent for a one-bedroom home in Farmland, IN is $580 (±$107) a month (2020–2024 American Community Survey).
Are renters in Farmland rent-burdened?
71.0% of renting households in Farmland pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Farmland?
Farmland has an estimated 250 (±86) renting households, 44.0% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Farmland?
The median household income in Farmland is $41,206 (±$1,962) a year (2020–2024 American Community Survey).
What is the average home value in Farmland, IN?
The Census Bureau publishes the median: $99,200 (±$8,885) for owner-occupied homes in Farmland (2020–2024 American Community Survey).
Is Farmland growing?
In Farmland, the number of residents went from 1,416 in 2015–2019 to 1,276 in 2020–2024 (−9.9%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Farmland town, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Farmland town, Indiana
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Farmland town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Farmland town, Indiana
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Farmland town, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Farmland town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Farmland town, Indiana
- HUD Fair Market Rents, fiscal year 2027: Randolph County, IN
- HUD Income Limits, fiscal year 2026: Randolph County, IN
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Farmland town, Indiana (place:22792, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .