Living in Farmington, Arkansas
Cost of living, income, home prices, rent and demographics of Farmington · Census data 2020–2024
Farmington has 9,094 residents with a median age of 35.7. The median household income is $90,469 (49% higher than the Arkansas median), the median home value is $304,800, the median rent is $1,321/month.
Farmington at a glance
- Population
- 9,094
- Median age
- 35.7State: 38.5
- Median household income
- $90,469State: $60,773
- Median home value
- $304,800State: $188,000
- Median rent
- $1,321/moState: $947
- Homeowners
- 72.4%
- Bachelor's degree or higher
- 36.2%
- Average commute
- 23 min
Is Farmington a good place to live?
Pros: Median household income 49% higher than the Arkansas median; unemployment of 0.7%; a poverty rate of 3.8%.
Cons: Home values 62% higher than the state median; an average commute of 23 minutes.
The weather is best in May–June and September–October.
Cost of living in Farmington
Housing is the biggest part of the cost of living. In Farmington the median home value is $304,800, 8% lower than the U.S. median. Renters pay a median of $1,321 per month, which is 26.7% of household income. Homeowners with a mortgage pay $1,563 a month in housing costs.
Farmington median household income
The median household income in Farmington is $90,469 and the income per person is $39,670. 3.8% of residents live below the poverty line (Arkansas: 16%).
Housing in Farmington: homes for sale and rent
- Housing units
- 3,608
- Owner-occupied
- 72.4%
- Renter-occupied
- 27.6%
- Vacant
- 1.5%Includes seasonal homes
- Median year built
- 2001
- Average household size
- 2.56
Farmington demographics
- Population
- 9,094
- Median age
- 35.7
- Under 18
- 25.4%
- 65 and older
- 15.3%
- Households
- 3,555
- Foreign-born
- 3%
- Veterans
- 7.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Farmington ›
Education in Farmington
36.2% of adults 25 and older in Farmington have a bachelor's degree or higher (Arkansas: 25.7%), and 11.2% have a graduate or professional degree.
Jobs and commute in Farmington
- Unemployment rate
- 0.7%State: 4.9%
- Average commute
- 23 minState: 23 min
- Work from home
- 9.1%
- Drive alone
- 81.2%
- Public transit
- 0%
- Walk to work
- 1.2%
- Homes with broadband
- 87%
Farmington vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Farmington | 9,094 | $90,469 | $304,800 | $1,321 |
| Greenland | 1,274 | $69,821 | $228,000 | $1,150 |
| Prairie Grove | 7,798 | $70,701 | $256,000 | $968 |
| Fayetteville | 99,319 | $62,695 | $349,600 | $1,065 |
| Johnson | 3,656 | $95,844 | $312,900 | $1,104 |
| West Fork | 3,095 | $77,566 | $201,000 | $1,095 |
| Tontitown | 6,425 | $85,603 | $430,500 | $1,346 |
| Lincoln | 2,794 | $68,333 | $168,900 | $1,107 |
| Elm Springs | 3,069 | $131,739 | $460,100 | $1,321 |
More for people moving to Farmington
Farmington ZIP code ›Weather and climate ›Living in Farmington: FAQ
What is the median household income in Farmington, AR?
The median household income in Farmington is $90,469, 49% higher than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Farmington?
The median home value in Farmington is $304,800, compared with $188,000 in Arkansas.
How much is rent in Farmington?
The median gross rent in Farmington is $1,321 per month, about 26.7% of household income.
Is Farmington, AR a good place to live?
Pluses: median household income 49% higher than the Arkansas median; unemployment of 0.7%; a poverty rate of 3.8%. Minuses: home values 62% higher than the state median; an average commute of 23 minutes.
What is the median age in Farmington?
The median age in Farmington is 35.7 years (Arkansas: 38.5).
How long is the commute in Farmington?
The average commute to work in Farmington is 23 minutes; 9.1% of workers work from home.
What is the unemployment rate in Farmington?
The unemployment rate in Farmington is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Farmington?
36.2% of adults in Farmington have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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