Farwell, MI 48622 has a population of approximately 6,248 and experiences a population change rate of 0.63%. The population density is 65.7 / sq mi .
Farwell, MI 48622 has a population of approximately 6,248 and experiences a population change rate of 0.63%. The population density is 65.7 / sq mi .
The median household income for Farwell, MI 48622 is $50,722, with 2,171 households and an average household size of 2.59.
The median value of a home in Farwell, MI 48622 is $146,300 with an appreciation rate of 15.70%. 58.65% of housing in the state is owned while 11.04% is rented.
The cost of living in Farwell, MI 48622 is 85.1 %.
The unemployment rate in Farwell, MI 48622 is 6.10%, and recent job growth is at 2.18%. Future job growth is projected at 27.43%.
The sales tax rate in Farwell, MI 48622 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Farwell, MI 48622 are $13,259, and the school ratio is 16.3:1.
The average high temperature in July is 82 degrees, with an average low temperature in January of 12.3 degrees. The average rainfall is approximately 31.7 inches per year, with 43.2 inches of snow per year.