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Farmington, MS
Full City Profile · Mississippi · Alcorn County County
3.0
/5.0
B
Good
2,044
Population
320/sq mi density
$50,294
Median Income
$26,268 per capita
$132,300
Home Value
$162,864 Zillow
$879
Median Rent
23.8% income on rent
59°F
Avg Temperature
302 sunny days/yr
166
Violent Crime/100K
2,660 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$50,294 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$132,300 home value, $879/mo rent
F
Safety
1.0 / 5.0
166 violent crimes/100K
C
Education
2.4 / 5.0
17.3% bachelor's degree or higher
Income Overview
Median Household Income
$50,294
33% below
US avg: $75,149
Per Capita Income
$26,268
33% below
US avg: $39,052
Unemployment Rate
1.4%
61% below
US avg: 3.6%
Poverty Rate
12.9%
4% above
US avg: 12.4%
Income Comparison: Farmington vs. U.S. Average
Each bar shows Farmington’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$50,294
67%
Per Capita
US: $39,052
$26,268
67%
IRS Avg AGI
US: $72,000
$60,116
83%
Avg Weekly Wage
US: $1,432
$902
63%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$902
37% below US avg ($1,432)
Mean Commute Time
22 min
21% below US avg (28 min)
Work From Home
0.5%
97% below US avg (15.2%)
Drive Alone
90.4%
23% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,661M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
90.4%
Public Transit
0%
Work From Home
0.5%
Other
9.1%
Average commute time
22 minutes
US avg: 28 min
Business Landscape
Total Establishments
820
Restaurants
75
Healthcare
103
Retail
172
Manufacturing
31
Tax & Financial
IRS Avg Adjusted Gross Income
$60,116
17% below US avg ($72,000)
Avg Property Tax
$3,482
1% below US avg ($3,500)
Cost of Living Index
87.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $50,294 |
| Per Capita Income | $26,268 |
| IRS Avg Adjusted Gross Income | $60,116 |
| Avg Weekly Wage | $902 |
| County GDP | $1,661M |
Hardship Indicators
| Unemployment Rate | 1.4% |
| Poverty Rate | 12.9% |
| Gini Coefficient | 0.486 |
| Cost of Living Index | 87.0 |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 90.4% |
| Public Transit | 0.0% |
| Work From Home | 0.5% |
Businesses
| Total Establishments | 820 |
| Restaurants | 75 |
| Healthcare | 103 |
| Retail | 172 |
| Manufacturing | 31 |
Tax
| IRS Avg AGI | $60,116 |
| Avg Property Tax | $3,482 |