Income & Economy in Farwell, PA

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$46,840

-36% vs national

Per Capita Income

$39,547

+6% vs national

Poverty Rate

3.7%

-73% vs national

Gini Index

0.3858

0 = perfect equality

Unemployment

6.0%

+16% vs national

SNAP Recipients

13.7%

of households

How Farwell Compares

Source: Census ACS (2023)

Farwell vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Farwell is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Farwell. The median household income here is $46,840.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
7.1%
$25-50K
55.7%
$50-75K
12.3%
$75-100K
3.8%
$100-150K
9.4%
$150-200K
6.1%
$200K+
5.7%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

6.0%

+18% vs PA avg

Labor Force

182

Employed

171

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

14.0%

of adults 25+

High School Diploma+

63.5%

of adults 25+

Median Age

55.5

Work from Home

2.5%

of workers

The median household income in Farwell, PA is $46,840, which is 36.0% below the national average of $73,224. Per capita income is $39,547. The poverty rate of 3.7% is lower than the PA state average of 11.3%. The Gini index of income inequality is 0.3858, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 6.0%, compared to the state average of 5.1%. 14.0% of adults hold a bachelor's degree or higher.