Housing data for Farwell, MI
Farwell, MI has an estimated 974 residents and 449 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a village in Clare County.
30.7% of households rent.
The median gross rent is $513 a month.
Figures last updated on .
- Residents
- 974 (±213)
- Housing units
- 449 (±86)
- Households that rent
- 30.7%
- Median gross rent
- $513
- Residents since 2015–2019
- −0.6%
What stands out in Farwell
Households that rent: 30.7% (±10.2 points) in Farwell, higher than in Clare County (13.1%).
Homes in buildings of 5 or more units: 17.4% (±10.2 points) in Farwell, higher than in Clare County (3.3%).
Working from home: 4.6% (±3.6 points) in Farwell, lower than in Clare County (10.9%).
Median gross rent: $513 (±$181) in Farwell, lower than in Clare County ($765).
- Renters and owners in Farwell
- Types of homes in Farwell
- Commute and cars in Farwell
- Median rent in Farwell
Housing in Farwell at a glance
- Median rent: $513 median gross rent a month
- Rent by bedrooms: $716 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 40.9% of renters pay 30% or more of income
- Renters and owners: 30.7% of households rent
- Income and affordability: $42,188 median household income
- Home values: $98,700 median home value
- Homeowner costs: $1,070 median monthly cost with a mortgage
- Property taxes: $1,354 median real estate taxes a year
- Types of homes: 17.4% of homes are in buildings of 5 or more units
- Bedrooms: 60.4% of homes have 3 or more bedrooms
- Age of homes: 64.4% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 72.9% heat with utility gas
- Commute and cars: 24.2 minutes average trip to work
- Growth: −0.6% residents since 2015–2019 (Small sample: wide margin of error)
- How long people stay: 18.1% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Farwell against Clare County, its state and the nation
| Farwell | Clare County | Michigan | United States | |
|---|---|---|---|---|
| Residents | 974 (±213) | 31,218 (exact) | 10,077,761 (exact) | 334,922,499 |
| Housing units | 449 (±86) | 22,008 (±43) | 4,622,236 (±795) | 143,775,355 |
| Households that rent | 30.7% (±10.2 points) | 13.1% (±1.6 points) | 26.8% (±0.2 points) | 34.8% |
| Median gross rent | $513 (±$181) | $765 (±$87) | $1,129 (±$4) | $1,413 |
| Median household income | $42,188 (±$13,965) | $49,384 (±$2,661) | $72,875 (±$293) | $80,734 |
| Median home value | $98,700 (±$16,357) | $133,800 (±$9,531) | $231,600 (±$642) | $332,700 |
| Median real estate taxes (a year) | $1,354 (±$187) | $1,489 (±$62) | $2,904 (±$9) | $3,119 |
| Built before 1980 | 64.4% (±15.2 points) | 59.0% (±2.5 points) | 62.1% (±0.2 points) | 49.7% |
| Average commute | 24.2 minutes (±3.1) | 29.9 minutes (±2.6) | 24.2 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 90.2% (±6.8 points) | 82.3% (±2.2 points) | 90.5% (±0.1 points) | 91.0% |
| Median age of residents | 43.1 years (±11.8) | 49.0 years (±0.3) | 40.2 years (±0.1) | 38.9 years |
Farwell covers 1.4 square miles of land, about 713 residents per square mile (Census Bureau Gazetteer).
How Farwell has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 980 (±198) | 974 (±213) | −0.6% | Not a measurable change |
| Housing units | 387 (±72) | 449 (±86) | +16.0% | Not a measurable change |
| Median gross rent | $620 (±$82) | $513 (±$181) | −17.3% | Down after inflation |
| Median home value | $74,700 (±$15,742) | $98,700 (±$16,357) | +32.1% | No measurable change after inflation |
| Median household income | $37,639 (±$4,273) | $42,188 (±$13,965) | +12.1% | No measurable change after inflation |
| Median owner cost with a mortgage | $874 (±$54) | $1,070 (±$188) | +22.4% | No measurable change after inflation |
| Median real estate taxes | $1,162 (±$198) | $1,354 (±$187) | +16.5% | No measurable change after inflation |
| Households that rent | 33.0% (±8.0 points) | 30.7% (±10.2 points) | −2.3 percentage points | Not a measurable change |
| Rental vacancy rate | 15.9% (±12.9 points) | 0.0% (±22.0 points) | −15.9 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.
Crime reported to police in Clare County
Farwell has no police department of its own in the FBI’s figures, so this is the figure for Clare County as a whole.
In 2025, the police departments that report for Clare County recorded 254 violent and 761 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
Places near Farwell
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Grant Township (Clare County) | 4.1 mi | $1,086 | $155,700 | 10.7% |
| Gilmore Township (Isabella County) | 5.1 mi | — | $157,300 | 3.0% |
| Clare | 5.3 mi | $822 | $134,600 | 40.7% |
| Vernon Township (Isabella County) | 6.3 mi | $1,067 | $204,200 | 9.0% |
| Lincoln Township (Clare County) | 7.5 mi | — | $143,600 | 2.3% |
| Hatton Township | 7.8 mi | $1,536 | $147,800 | 9.9% |
| Coldwater Township (Isabella County) | 8.7 mi | $1,327 | $158,300 | 13.3% |
| Garfield Township (Clare County) | 9.3 mi | $950 | $171,500 | 9.8% |
Places in Michigan most like Farwell
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Gobles | $630 | $104,200 | $44,250 | 30.4% |
| Whittemore | $481 | $80,900 | $33,214 | 35.9% |
| St. Charles | $460 | $118,500 | $50,000 | 30.8% |
| Coleman | $643 | $103,500 | $47,868 | 40.1% |
| Hillman | $434 | $87,000 | $36,823 | 33.6% |
| Harrison | $620 | $135,100 | $39,430 | 35.8% |
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 Michigan.
HUD Fair Market Rent for Farwell, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $743 | $797 | $1,042 | $1,242 | $1,464 |
HUD income limits for Farwell, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $17,600 | $29,300 | $46,850 |
| 2 people | $21,640 | $33,450 | $53,550 |
| 3 people | $27,320 | $37,650 | $60,250 |
| 4 people | $33,000 | $41,800 | $66,900 |
| 5 people | $38,680 | $45,150 | $72,300 |
| 6 people | $44,360 | $48,500 | $77,650 |
| 7 people | $50,040 | $51,850 | $83,000 |
| 8 people | $55,200 | $55,200 | $88,350 |
These are the limits HUD sets for its housing programs in the Clare County, MI, where HUD’s median family income for fiscal year 2026 is $65,100.
A program can use its own limits; tax-credit and local programs often do.
Farwell lies inside Surrey Township, whose figures include it, so it is ranked only against places like it.
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 Farwell
What is the average rent in Farwell, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Farwell is $513 (±$181) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
Are renters in Farwell rent-burdened?
40.9% of renting households in Farwell 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 Farwell?
Farwell has an estimated 119 (±46) renting households, 30.7% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Farwell?
The median household income in Farwell is $42,188 (±$13,965) a year (2020–2024 American Community Survey).
What is the average home value in Farwell, MI?
The Census Bureau publishes the median: $98,700 (±$16,357) for owner-occupied homes in Farwell (2020–2024 American Community Survey).
What is the average mortgage payment in Farwell?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Farwell, MI is $1,070 (±$188) a month, including taxes, insurance and utilities.
Is Farwell growing?
In Farwell, the number of residents went from 980 in 2015–2019 to 974 in 2020–2024 (−0.6%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Farwell village, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Farwell village, Michigan
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Farwell village, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Farwell village, Michigan
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Farwell village, Michigan
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Farwell village, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Farwell village, Michigan
- HUD Fair Market Rents, fiscal year 2027: Clare County, MI
- HUD Income Limits, fiscal year 2026: Clare County, MI
- 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 Farwell village, Michigan (place:27500, in state:26).
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 .