Who Lives in Farmville? A Data-Driven Snapshot
Nestled within a 3-mile radius, the small but spirited community of Farmville boasts a diverse tapestry of residents, each contributing to the unique character of this locale. We use a 3-mile radius to capture the population that lives within a short distance of the town so that we can compare one small town to another more comparably. It is not a perfect solution but city limits seem to mean more to your water and tax bills than who your neighbors are. So, lets take a peek at who lives nearby.
Population Dynamics
With a total population of 9,899 in 2023 and a slight decrease projected by 2028, Farmville’s population density stands at 350.2 people per square mile. Despite a negligible annual decrease in population growth (-0.09%), the community remains resilient with its closely-knit households which total 6,496 in 2023.
Socioeconomic Landscape
The median household income in Farmville is relatively modest at $38,414, suggesting a pragmatic and hardworking community. The average household income is higher at $62,031, indicating that while the median is modest, there are higher earners who raise the average. Home values reflect this trend, with median and average values at $209,155 and $215,398, respectively, supporting a stable housing market with a healthy mix of owner-occupied (55.91%) and renter-occupied homes (44.09%).
Demographics and Lifestyle
The median age of 30.8 years, coupled with a significant percentage of Generation Z (37.98%) and Millennials (22.05%), points to a youthful energy. Educational attainment is diverse, with a significant proportion holding high school diplomas (25.95%) and bachelor’s degrees or higher (40.62%).
In terms of lifestyle segments, a psychographic approach to how segments of the population live and spend their time and money, the "Affluent Estates" and "GenXurban" groups are prevalent, indicative of an affluent, well-educated demographic as well as a sizable representation of Generation X in suburban or rural settings.
Community Fabric
The community’s fabric is woven with varied threads—religious service attendance is a mix, with 21.07% agreeing completely to attending regularly. Political outlooks are balanced with a lean towards liberal perspectives (36.74%) and a substantial middle-of-the-road outlook (33.67%).
Age and Gender
A nearly equal gender distribution exists with 50.03% male and 49.97% female populations. The median ages for both genders are early thirties, suggesting a young adult population at the heart of Farmville.
Economic Footprint
Farmville has an aggregate disposable income of $149,951,979 and substantial retail goods expenditure, indicating a community with spending power and an active local economy.
The Future of Farmville
As we look to the future, Farmville is projected to maintain its robust community spirit. Despite a slight decline in total population, its economic stability, youthful demographics, and educational accomplishments signal a town that’s thriving in its own right. With nearly a third of the population holding a neutral political outlook, Farmville embodies a community that finds common ground amidst diversity, a true hallmark of a vibrant society.
This snapshot of Farmville offers a glimpse into the lives of its residents, painting a picture of a community that’s as dynamic and diverse as the data that represents them. Whether you're considering a move or simply curious about this charming locale, Farmville is a community that embraces its small-town heart with a forward-looking vision.