Farmer City, IL 61842 has a population of approximately 2,627 and experiences a population change rate of -9.85%. The population density is 26.4 / sq mi .
Farmer City, IL 61842 has a population of approximately 2,627 and experiences a population change rate of -9.85%. The population density is 26.4 / sq mi .
The median household income for Farmer City, IL 61842 is $61,000, with 1,058 households and an average household size of 2.32.
The median value of a home in Farmer City, IL 61842 is $126,200 with an appreciation rate of 14.50%. 76.11% of housing in the state is owned while 14.16% is rented.
The cost of living in Farmer City, IL 61842 is 82.9 %.
The unemployment rate in Farmer City, IL 61842 is 4.10%, and recent job growth is at 1.05%. Future job growth is projected at 41.23%.
The sales tax rate in Farmer City, IL 61842 is 7.25%, while the income tax rate is 4.95% .
School expenditures in Farmer City, IL 61842 are $17,225, and the school ratio is 11.5:1.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 39.4 inches per year, with 18.4 inches of snow per year.