Economy & Jobs — Farwell, Michigan
Income & Employment
| Median Household Income (Census) | $42,188 |
|---|
| Estimated 2026 | ~$46,300 |
|---|
| Per Capita Income | $20,066 |
|---|
| Poverty Rate | 25.9% |
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| Unemployment Rate | 4.4% |
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| In Labor Force | 398 |
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Top Industries
| Industry | Share |
|---|
| Manufacturing | 31.8% |
| Arts Food | 14.3% |
| Education Healthcare | 13.3% |
Local Businesses (County)
| Type | Count |
|---|
| Fast Food | 24 |
| Gas Stations | 22 |
| Full Service Restaurants | 20 |
| General Merchandise | 19 |
| Physician Offices | 15 |
| Insurance Agencies | 8 |
| Grocery Stores | 7 |
| Auto Repair | 7 |
| Commercial Banks | 7 |
| Bars | 7 |
| Chiropractors | 6 |
| Convenience Stores | 5 |
| Liquor Stores | 5 |
| Law Offices | 5 |
| Child Day Care | 5 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
