Living in Farmington, Illinois
Cost of living, income, home prices, rent and demographics of Farmington · Census data 2020–2024
Farmington has 2,050 residents with a median age of 31.9. The median household income is $65,223 (22% lower than the Illinois median), the median home value is $101,300, the median rent is $918/month.
Farmington at a glance
- Population
- 2,050
- Median age
- 31.9State: 39
- Median household income
- $65,223State: $83,390
- Median home value
- $101,300State: $263,300
- Median rent
- $918/moState: $1,274
- Homeowners
- 71.8%
- Bachelor's degree or higher
- 25.9%
- Average commute
- 25 min
Is Farmington a good place to live?
Pros: Home values 62% lower than the state median; an average commute of 25 minutes; a poverty rate of 11%.
Cons: Median household income 22% lower than the Illinois median; unemployment of 9.9%.
The weather is best in May–June and August–September.
Cost of living in Farmington
Housing is the biggest part of the cost of living. In Farmington the median home value is $101,300, 70% lower than the U.S. median. Renters pay a median of $918 per month, which is 22.7% of household income. Homeowners with a mortgage pay $1,209 a month in housing costs.
Farmington median household income
The median household income in Farmington is $65,223 and the income per person is $30,040. 11% of residents live below the poverty line (Illinois: 11.8%).
Housing in Farmington: homes for sale and rent
- Housing units
- 945
- Owner-occupied
- 71.8%
- Renter-occupied
- 28.2%
- Vacant
- 13.8%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 2.52
Farmington demographics
- Population
- 2,050
- Median age
- 31.9
- Under 18
- 30.5%
- 65 and older
- 12.3%
- Households
- 815
- Foreign-born
- 1%
- Veterans
- 3.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Farmington ›
Education in Farmington
25.9% of adults 25 and older in Farmington have a bachelor's degree or higher (Illinois: 37.8%), and 8.4% have a graduate or professional degree.
Jobs and commute in Farmington
- Unemployment rate
- 9.9%State: 5.8%
- Average commute
- 25 minState: 28 min
- Work from home
- 1.6%
- Drive alone
- 83.1%
- Public transit
- 0%
- Walk to work
- 7.9%
- Homes with broadband
- 89.7%
Farmington vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Farmington | 2,050 | $65,223 | $101,300 | $918 |
| Norris | 303 | $44,844 | $63,100 | $863 |
| Yates City | 500 | $63,750 | $97,100 | $590 |
| Trivoli | 365 | $67,407 | $151,900 | — |
| Elmwood | 2,327 | $90,285 | $153,500 | $713 |
| Canton | 13,144 | $53,254 | $107,100 | $766 |
| Fairview | 324 | $58,125 | $91,400 | $706 |
| Hanna City | 1,330 | $73,265 | $123,900 | $905 |
| Maquon | 161 | $63,125 | $72,500 | $617 |
More for people moving to Farmington
Farmington ZIP code ›Weather and climate ›Living in Farmington: FAQ
What is the median household income in Farmington, IL?
The median household income in Farmington is $65,223, 22% lower than the Illinois median of $83,390 (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 $101,300, compared with $263,300 in Illinois.
How much is rent in Farmington?
The median gross rent in Farmington is $918 per month, about 22.7% of household income.
Is Farmington, IL a good place to live?
Pluses: home values 62% lower than the state median; an average commute of 25 minutes; a poverty rate of 11%. Minuses: median household income 22% lower than the Illinois median; unemployment of 9.9%.
What is the median age in Farmington?
The median age in Farmington is 31.9 years (Illinois: 39).
How long is the commute in Farmington?
The average commute to work in Farmington is 25 minutes; 1.6% of workers work from home.
What is the unemployment rate in Farmington?
The unemployment rate in Farmington is 9.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Farmington?
25.9% 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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