Living in Farmington, Mississippi
Cost of living, income, home prices, rent and demographics of Farmington · Census data 2020–2024
Farmington has 2,312 residents with a median age of 35.4. The median household income is $57,151 (about the same as the Mississippi median), the median home value is $129,900, the median rent is $836/month.
Farmington at a glance
- Population
- 2,312
- Median age
- 35.4State: 38.6
- Median household income
- $57,151State: $56,447
- Median home value
- $129,900State: $169,800
- Median rent
- $836/moState: $954
- Homeowners
- 76.9%
- Bachelor's degree or higher
- 21.6%
- Average commute
- 20 min
Is Farmington a good place to live?
Pros: Median household income about the same as the Mississippi median; home values 23% lower than the state median; an average commute of 20 minutes; unemployment of 0%; a poverty rate of 13.7%.
The weather is best in April–May 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 $129,900, 61% lower than the U.S. median. Renters pay a median of $836 per month, which is 24.3% of household income. Homeowners with a mortgage pay $1,094 a month in housing costs.
Farmington median household income
The median household income in Farmington is $57,151 and the income per person is $25,250. 13.7% of residents live below the poverty line (Mississippi: 18.9%).
Housing in Farmington: homes for sale and rent
- Housing units
- 909
- Owner-occupied
- 76.9%
- Renter-occupied
- 23.1%
- Vacant
- 9.4%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.79
Farmington demographics
- Population
- 2,312
- Median age
- 35.4
- Under 18
- 22.3%
- 65 and older
- 13.7%
- Households
- 824
- Foreign-born
- 0.4%
- Veterans
- 3.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Farmington ›
Education in Farmington
21.6% of adults 25 and older in Farmington have a bachelor's degree or higher (Mississippi: 25.1%), and 10.3% have a graduate or professional degree.
Jobs and commute in Farmington
- Unemployment rate
- 0%State: 5.8%
- Average commute
- 20 minState: 26 min
- Work from home
- 2.8%
- Drive alone
- 90.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 88.8%
Farmington vs nearby towns
More for people moving to Farmington
Farmington ZIP code ›Weather and climate ›Living in Farmington: FAQ
What is the median household income in Farmington, MS?
The median household income in Farmington is $57,151, about the same as the Mississippi median of $56,447 (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 $129,900, compared with $169,800 in Mississippi.
How much is rent in Farmington?
The median gross rent in Farmington is $836 per month, about 24.3% of household income.
Is Farmington, MS a good place to live?
Pluses: median household income about the same as the Mississippi median; home values 23% lower than the state median; an average commute of 20 minutes; unemployment of 0%; a poverty rate of 13.7%.
What is the median age in Farmington?
The median age in Farmington is 35.4 years (Mississippi: 38.6).
How long is the commute in Farmington?
The average commute to work in Farmington is 20 minutes; 2.8% of workers work from home.
What is the unemployment rate in Farmington?
The unemployment rate in Farmington is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Farmington?
21.6% 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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