At a Glance
Median Income
$54,643
$32,034 per capita
Home Value
$63,600
Zillow: $140,179
Median Rent
$692/mo
29.8% of income on rent
Bachelor's Degree+
10.6%
92.0% high school+
Unemployment
0.0%
5.5% poverty rate
Obesity Rate
40.2%
20.9% smoking rate
How Farmington Compares to the U.S. Average
Each bar shows Farmington's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Farmington a Good Place to Live?
B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Farmington residents earn a median household income of $54,643 , which is 27% below the national average of $75,149.
Per capita income is $32,034. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 5.5% of residents live below the poverty line. The area is home to 1,061 business establishments, including 83 restaurants.
Housing & Cost of Living
The median home value in Farmington is $63,600 , 77% below the national median of $281,900.
Zillow estimates the typical home at $140,179. Median rent is $692/month, with 29.8% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1953.
Education
10.6% of adults in Farmington hold a bachelor's degree or higher
(69% below the national average).
92.0% have completed high school. Local schools score 5.4/10 in standardized testing.
Climate & Weather
Farmington has an average annual temperature of 52°F (11°C).
Winters average 24°F in January while summers reach 76°F in July. Annual precipitation totals 39.2 inches.
Data Overview
People
Population531
Median Age52.7 yrs
Density1,154/mi²
Male / Female54% / 46%
Foreign Born0.8%
Veterans12.8%
Economy
A
Median Income$54,643
Per Capita$32,034
Unemployment0.0%
Poverty5.5%
County GDP$2,264M
Avg Weekly Wage$1,103
Housing
A+
Home Value$63,600
Rent$692
Ownership82.5%
Zillow$140,179
Housing Units327
Rent Burden29.8%
Health
Obesity40.2%
Diabetes11.0%
Smoking20.9%
Heart Disease6.7%
Premature Death9,251/100K
Climate
Avg Temp52°F
Rain39.2 in/yr
Elevation563 ft
Education
D
Bachelor's+10.6%
High School+92.0%
Graduate+4.4%
School Score5.4/10
Community
2024 VoteR 63% / D 35%
Commute25 min
Broadband80.6%
Internet Speed90 Mbps
EV Stations1
Libraries5
Did You Know?
The median home in Farmington was built in 1953.
The nearest airport is Southeast Iowa Regional (34 miles).
The Gini coefficient (income inequality) is 0.448 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
18.8% of the population has a disability.
The county recorded 7 fatal vehicle crashes.
91 declared natural disasters on record.