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Farmington, IA

Full City Profile · Iowa · Lee County County

3.0 /5.0
B Good
531 Population 1,154/sq mi density
$54,643 Median Income $32,034 per capita
$63,600 Home Value $126,569 Zillow
$692 Median Rent 29.8% income on rent
52°F Avg Temperature 275 sunny days/yr
127 Violent Crime/100K 2,921 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$54,643 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$63,600 home value, $692/mo rent
F
Safety
1.0 / 5.0
127 violent crimes/100K
D
Education
1.8 / 5.0
10.6% bachelor's degree or higher

Change Over Time (2013–2023)

Population Change
-10%
652 → 587
over 10 years
Annual Pop. Growth
-1.04%
Compound annual growth rate
Median Income Change
+40.2%
$38,977 → $54,643
nominal, not inflation-adjusted
Annual Income Growth
+3.44%
Compound annual growth rate

Population Over Time

Total population for Farmington across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
546
-41 from 2023 (587)
Projected Median Income 2030
$69,240
+$14,597 from 2023 ($54,643)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 652 $38,977
2015 643 -1.4% $38,056 -2.4%
2017 629 -2.2% $36,063 -5.2%
2019 621 -1.3% $42,778 +18.6%
2021 588 -5.3% $53,400 +24.8%
2023 587 -0.2% $54,643 +2.3%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.