Farwell is a small town of 1,033 in Michigan, with a median household income of $38,542
and a 6.6% unemployment rate.
Its cost of living index is 88 (US average = 100), which is
12% below the national average.
Strengths:
Farwell stands out for an affordable cost of living, below-average home prices, short average commutes.
Trade-offs:
Potential downsides include an elevated unemployment rate. Whether Farwell is right for you depends on your priorities — the full breakdown is below.
All Farwell city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 87.5
Farwell's overall cost of living index is 87.5,
where 100 represents the US national average.
Living in Farwell costs roughly 12% less than the average American city.
Metric
Farwell, MI
National Avg
Median Home Value
$90,500
$244,900
Median Monthly Rent
$540
$1,163
Homeownership Rate
63.6%
65.9%
Median Household Income
$38,542
$74,755
Crime & Safety
Very Safe
Farwell's violent crime rate is 148.6 per 100,000 residents
— 61% lower than the national average of ~380 per 100,000.
Violent Crime
148.6 /100k
Property Crime
426.5 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Farwell is served primarily by Farwell Area Schools.
The student-to-teacher ratio is 17.0:1
(slightly above the national average of ~16:1).
Metric
Farwell, MI
National Avg
School District
Farwell Area Schools
—
Elementary Schools
1
—
Middle Schools
1
—
High Schools
2
—
Student/Teacher Ratio
17.0:1
16:1
Bachelor's Degree or Higher
13.2%
35.4%
High School Diploma or Higher
81.1%
91.1%
Weather & Climate
Farwell sees average highs of 29.5°F in January
and 83.7°F in July,
with 33.8 inches of annual precipitation
and 48.5 inches of snow per year.
Farwell's cost of living index is 88, where 100 is the national average.
That makes Farwell roughly 12% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $90,500 and median rent is $540/month.
Farwell's violent crime rate is 148.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 426.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Farwell are operated by Farwell Area Schools.
The district has 1 elementary, 1 middle, and 2 high schools.
The student-to-teacher ratio is 17.0:1. 13.2% of adults 25+ hold a bachelor's degree or higher.
Farwell, MI has a population of 1,033, a median household income of $38,542, and an unemployment rate of 6.6%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Farwell averages 29.5°F in January and 83.7°F in July. Annual rainfall is 33.8 inches
with about 48.5 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Farwell, MI is covered by 1 ZIP code: 48622.
The population of Farwell, Michigan is 1,033 with a median age of 29.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Farwell: cost of living index 88 (100 = US average), median home $90,500, median household income $38,542, crime index 32 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Farwell side by side with your current city to see the trade-offs.
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