Being a small village, Farwell does not have a public transit system used by locals to get to and from work.
In terms of college education, the citizens of Farwell rank slightly lower than the national average. 13.21% of adults 25 and older in Farwell have a bachelor's degree or advanced degree, while 21.84% of adults have a 4-year degree or higher in the average American community.
The per capita income in Farwell in 2022 was $19,389, which is low income relative to Michigan and the nation. This equates to an annual income of $77,556 for a family of four. However, Farwell contains both very wealthy and poor people as well. Farwell also has one of the higher rates of people living in poverty in the nation, with 32.20% of its population below the federal poverty line.
Farwell is a somewhat ethnically-diverse village. The people who call Farwell home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Farwell residents report their race to be White, followed by Asian. Important ancestries of people in Farwell include German, English, Irish, Polish, and Scottish.
The most common language spoken in Farwell is English. Other important languages spoken here include Polish and Italian.
