Farm Island is located in Aitkin County, Minnesota. Farm Island has a 2025 population of 1,060 . Farm Island is currently growing at a rate of 1.44% annually and its population has increased by 6.53% since the most recent census, which recorded a population of 995 in 2020.
The average household income in Farm Island is $84,938 with a poverty rate of 12.26%. The median age in Farm Island is 62.2 years: 63.1 years for males, and 59.9 years for females. For every 100 females there are 84.3 males.
Data after 2023 is projected based on recent change
The racial composition of Farm Island includes 95.84% White, and smaller percentages for Black or African American, Two or more races, other race and multiracial populations.
White (95.84%)
Black or African American (2.77%)
Two or more races (0.96%)
Other race (0.43%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 899 | 95.84% |
| Black or African American | 26 | 2.77% |
| Two or more races | 9 | 0.96% |
| Other race | 4 | 0.43% |
Married
Widowed
Divorced
Separated
Never Married
Farm Island's average per capita income is $56,250. Household income levels show a median of $58,571. The poverty rate stands at 12.26%.
Name | Median | Mean |
|---|---|---|
| Married Families | $92,500 | - |
| Families | $85,000 | $100,865 |
| Households | $58,571 | $84,938 |
| Non Families | $40,833 | $61,835 |
Average Income
Median Household Income
Poverty Rate