Farmland, IN demographics:
population, income, and more

Total population
1,276
-5.1% year-over-year change
Median household income
$41,206/yr
-0.8% year-over-year change
Housing units
611
-4.7% year-over-year change

Farmland population

How many people live in Farmland

Farmland is home to 1,276 residents, according to the most recent Census data. Gender-wise, 44% of Farmland locals are male, and 56% are female.

Total population
1,276
-5.1% year-over-year change
Gender ratio
Male
44%
561
Female
56%
715
Value Percent YoY change
Male 561 44% -7.3%
Female 715 56% -3.4%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Farmland is 32, with the population distributed as follows: about 18.9% are children under 15, then 21% are in the 15 to 24 age group. Adults between 25 and 44 make up 21.2% of the population, while another 21.1% fall into the 45 to 64 bracket. Finally, around 17.9% are 65 or older.

Median age
32.2
Age breakdown
Under 15
18.9%
15 to 24
21%
25 to 44
21.2%
45 to 64
21.1%
Over 65
17.9%
Value Percent YoY change
Under 15 241 18.9% -19.1%
15 to 24 268 21% 13.6%
25 to 44 270 21.2% -15.4%
45 to 64 269 21.1% 21.7%
Over 65 228 17.9% -15.9%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

At the same time, 2.4% of residents are non-citizens. There’s also a share of 2.7% that includes residents with two or more races.

Citizenship
U.S.-born citizens
97.6%
Non-U.S.-born citizens
0%
Non-citizens
2.4%
Value Percent YoY change
U.S.-born citizens 1,245 97.6% -4.9%
Non-citizens 31 2.4% -3.1%
Racial breakdown
White
95.4%
Black or African American
0%
American Indian and Alaska Native
1.5%
Asian
0.2%
Native Hawaiian and other Pacific Islander
0%
Two or more races
2.7%
Other
0.2%
Value Percent
White 1,217 95.4%
American Indian and Alaska Native 19 1.5%
Asian 3 0.2%
Two or more races 35 2.7%
Other 2 0.2%

Households in Farmland

A peek inside Farmland households

Farmland has 568 households, with an average of 2 members in each. Of these, 70.6% are families, while the remaining 29.4% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
568
-4.2% year-over-year change
Average people per household
2
Non-family households
167
Family households
401
Value Percent YoY change
Non-family households 167 29.4% 7.7%
Family households 401 70.6% -8.4%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Farmland

The housing landscape of Farmland

Farmland's housing consists of 611 units, with 78.4% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 2.1% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 8.2% of the housing landscape.

Housing units
611
-4.7% year-over-year change
Housing types
Value Percent
1 unit, detached 479 78.4%
1 unit, attached 13 2.1%
2 units 48 7.9%
3 or 4 units 18 3%
10 to 19 units 3 0.5%
Mobile home 50 8.2%
Homes built since 2020
0
% year-over-year change

The age of buildings in Farmland

In Farmland, the median construction year is 1959. About 33.7% of homes were built before the 1940s, with another 6.7% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 206 33.7% 3.0%
Built between 1940 and 1949 41 6.7% 78.3%
Built between 1950 and 1959 68 11.1% -13.9%
Built between 1960 and 1969 47 7.7% -11.3%
Built between 1970 and 1979 119 19.5% -11.2%
Built between 1980 and 1989 81 13.3% 0.0%
Built between 1990 and 1999 11 1.8% -15.4%
Built between 2000 and 2009 8 1.3% -57.9%
Built between 2010 and 2019 30 4.9% -23.1%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Farmland occupancy rates

Out of the 568 occupied housing units in Farmland, 56% are owner-occupied, while 44% are lived in by tenants. Meanwhile, 7% of all homes on the local market sit vacant.

Occupied housing units
568
-4.2% year-over-year change
Occupancy breakdown
Renter occupied
250
Owner occupied
318
Value Percent YoY
change
Renter occupied 250 44% -10.4%
Owner occupied 318 56% 1.3%
Unoccupied housing units
7.0%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Farmland housing costs

Housing costs in Farmland come to a median of $795 per month, while tenants specifically pay a median gross rent of $832.

Median housing costs per month
$795/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Farmland
$832/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Farmland

Farmland education at a glance

About 61% of the population in Farmland went to high school, while 17.5% pursued college studies. Another 8.5% earned an associate degree and 7.5% hold a bachelor’s. Meanwhile, 3.3% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 23 2.3% -32.4%
High school diploma 611 61% 2.7%
College diploma 175 17.5% -11.6%
Associate degree 85 8.5% -9.6%
Bachelor's degree 75 7.5% 15.4%
Graduate degree 33 3.3% -2.9%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Farmland

How much people earn in Farmland

The average annual household income in Farmland was $53,601 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +3.3% change from the previous year. At the same time, the median income stood at $41,206, reflecting a -0.8% shift over the same period.

Average household income in Farmland
$53,601/year
3.3% year-over-year change
Median household income in Farmland
$41,206/year
-0.8% year-over-year change

Farmland income by age

In Farmland, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $34,226. Those with someone between 45 and 64 in charge, often well established professionally, earn $62,375 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $41,557, while those led by someone over 65, many of whom may be retired, have about $40,721 in earnings. Overall, 78% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $41,557 0.1%
25 - 44 $34,226 2.2%
45 - 64 $62,375 -2.6%
Over 65 $40,721 -1.0%
Above poverty level
983
Below poverty level
277
Value Percent YoY
change
Above poverty level 983 78% -8.2%
Below poverty level 277 22% 7.0%

Average renter income in Farmland

To get a better sense of what renters earn on average in Farmland, their median household income was $37,608 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 26.5%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$37,608
Rent-to-income ratio
26.5%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Farmland

Workforce and job types in Farmland

The job market in Farmland is powered by 615 working residents, spread across a range of industries and roles. 74.6% of the working population are employed in professional or administrative positions, while 25.4% are in hands-on or service-based jobs. Also, 5.8% run their own businesses, 76.6% are employed by private companies, and 12.8% work in the public sector.

Workforce demographics

Working population
615
2.3% year-over-year change
White collar
459
Blue collar
156
Value Percent YoY change
White collar 459 74.6% 2.7%
Blue collar 156 25.4% 1.3%
Employer type
Self employees
5.8%
Private companies
76.6%
Governmental workers
12.8%
Not for profit companies
4.7%
Value Percent YoY change
Self employees 36 5.8% -18.2%
Private companies 471 76.6% 4.7%
Governmental workers 79 12.8% 11.3%
Not for profit companies 29 4.7% -19.4%
Unemployment rate
4.2%
-25.0% year-over-year change

Available workforce

The unemployment rate in Farmland stands at 4.2%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Farmland

How people get around in Farmland

Commuting methods vary: 94.2% of residents travel by personal vehicle and 1.3% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 523 94.2% 3.4%
Bus or trolleybus 4 0.7% 0.0%
Bicycle 6 1.1% -33.3%
Walk 7 1.3% -36.4%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Farmland by zipcode?

Zipcode Population Number of households Median income Average income
47340 3,051 1,306 $63,205 $76,660

Explore more communities

FAQs about Farmland demographics 

What is the total population of Farmland?

Farmland has a total population of 1,276 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -5.1% compared to a year ago.

What is the gender ratio in Farmland?

The gender ratio in Farmland is as follows:
  • 44% males (561 residents)
  • 56% females (715 residents)

What is the median age in Farmland?

The median age in Farmland is 32.2.

What is the age distribution of the population in Farmland?

The age distribution in Farmland is as follows:
  • Under 15: 18.9% (241 residents)
  • Ages 15-24: 21% (268 residents)
  • Ages 25-44: 21.2% (270 residents)
  • Ages 45-64: 21.1% (269 residents)
  • Over 65: 17.9% (228 residents)

What is the racial and ethnic makeup of Farmland?

The racial and ethnic makeup of Farmland is as follows:
  • White: 95.4% (1,217 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 1.5% (19 residents)
  • Asian: 0.2% (3 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 2.7% (35 residents)
  • Other: 0.2% (2 residents)

What percentage of the population in Farmland are U.S.-born citizens?

U.S.-born citizens represent 97.6% of the population in Farmland.

How many housing units are there in Farmland?

There are 611 housing units in Farmland, reflecting a -4.7% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Farmland and what is the average household size?

Farmland has a total of 568 households, with an average of 2 people in each.

What is the median household income in Farmland?

Farmland has a median household income of $41,206, representing a -0.8% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Farmland?

The employment rate is 95.8% in Farmland, with a workforce of 615 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 74.6% (459 residents)
  • Blue-collar workers: 25.4% (156 residents)

Places of employment:
  • Self-employed: 5.8% (36 residents)
  • Private companies: 76.6% (471 residents)
  • Governmental workers: 12.8% (79 residents)
  • Not-for-profit companies: 4.7% (29 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025