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Farmington, IL

Full City Profile · Illinois · Fulton County County

3.2 /5.0
B Good
1,990 Population 1,318/sq mi density
$64,313 Median Income $31,276 per capita
$99,300 Home Value $127,258 Zillow
$877 Median Rent 23.9% income on rent
50°F Avg Temperature 275 sunny days/yr
537 Violent Crime/100K 1,834 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$64,313 median income, 5.5% unemployment
A+
Affordability
5.0 / 5.0
$99,300 home value, $877/mo rent
F
Safety
1.0 / 5.0
537 violent crimes/100K (41% above avg)
C+
Education
2.9 / 5.0
24.0% bachelor's degree or higher

Housing Overview

Median Home Value
$99,300
65% below
US avg: $281,900
Median Rent
$877/mo
25% below
US avg: $1,163/mo
Homeownership Rate
69.7%
7% above US avg (65.4%)
Total Housing Units
985
Median year built: 1950

Home Value by Source

Census Median
$99,300
Zillow (ZHVI)
$127,258
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.7%
Owner-Occupied
30.3%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $877/mo

Affordability & Housing Stock

Rent Burden
23.9%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1950
Average age of housing stock: 76 years
Homeownership Rate
69.7%

Complete Housing Data

Home Values

Census Median Value$99,300
Zillow Home Value (ZHVI)$127,258

Rent

Census Median Rent$877
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Ownership & Stock

Owner-Occupied69.7%
Renter-Occupied30.3%
Homeownership Rate69.7%
Total Housing Units985
Median Year Built1950
Rent Burden23.9%