In 2023, Farwell, TX had a population of 1.36k people with a median age of 32.2 and a median household income of $56,932. Between 2022 and 2023 the population of Farwell, TX declined from 1,530 to 1,359, a −11.2% decrease and its median household income declined from $65,625 to $56,932, a −13.2% decrease.
The 5 largest ethnic groups in Farwell, TX are White (Non-Hispanic) (47.8%), White (Hispanic) (42.8%), Two+ (Hispanic) (4.78%), Two+ (Non-Hispanic) (1.77%), and Asian (Hispanic) (1.4%).
None of the households in Farwell, TX reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
96.9% of the residents in Farwell, TX are U.S. citizens.
In 2023, the median property value in Farwell, TX was $129,800, and the homeownership rate was 65.6%.
Most people in Farwell, TX drove alone to work, and the average commute time was 19.9 minutes. The average car ownership in Farwell, TX was 2 cars per household.