Living in Farmington, Missouri
Cost of living, income, home prices, rent and demographics of Farmington · Census data 2020–2024
Farmington has 18,282 residents with a median age of 38.5. The median household income is $53,729 (24% lower than the Missouri median), the median home value is $196,500, the median rent is $855/month.
Farmington at a glance
- Population
- 18,282
- Median age
- 38.5State: 39
- Median household income
- $53,729State: $70,702
- Median home value
- $196,500State: $230,300
- Median rent
- $855/moState: $1,033
- Homeowners
- 53.8%
- Bachelor's degree or higher
- 16.3%
- Average commute
- 20 min
Is Farmington a good place to live?
Pros: Home values 15% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 24% lower than the Missouri median; unemployment of 4.1%; a poverty rate of 15.9%.
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 $196,500, 41% lower than the U.S. median. Renters pay a median of $855 per month, which is 25.8% of household income. Homeowners with a mortgage pay $1,305 a month in housing costs.
Farmington median household income
The median household income in Farmington is $53,729 and the income per person is $28,323. 15.9% of residents live below the poverty line (Missouri: 12.6%).
Housing in Farmington: homes for sale and rent
- Housing units
- 7,154
- Owner-occupied
- 53.8%
- Renter-occupied
- 46.2%
- Vacant
- 7.9%Includes seasonal homes
- Median year built
- 1990
- Average household size
- 2.33
Farmington demographics
- Population
- 18,282
- Median age
- 38.5
- Under 18
- 20.1%
- 65 and older
- 18.4%
- Households
- 6,589
- Foreign-born
- 2.6%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Farmington ›
Education in Farmington
16.3% of adults 25 and older in Farmington have a bachelor's degree or higher (Missouri: 32.4%), and 6.6% have a graduate or professional degree.
Jobs and commute in Farmington
- Unemployment rate
- 4.1%State: 4%
- Average commute
- 20 minState: 24 min
- Work from home
- 11.1%
- Drive alone
- 78%
- Public transit
- 0.7%
- Walk to work
- 1.2%
- Homes with broadband
- 85.2%
Farmington vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Farmington | 18,282 | $53,729 | $196,500 | $855 |
| Park Hills | 8,678 | $52,563 | $131,300 | $790 |
| Leadington | 901 | $37,938 | $169,600 | $790 |
| Doe Run | 775 | $83,065 | $129,900 | — |
| Desloge | 4,863 | $60,820 | $127,500 | $636 |
| Leadwood | 1,354 | $44,783 | $63,200 | $896 |
| Bismarck | 1,508 | $40,250 | $107,800 | $676 |
| Bonne Terre | 6,683 | $46,179 | $153,000 | $641 |
| Iron Mountain Lake | 781 | $30,682 | $38,600 | $695 |
More for people moving to Farmington
Farmington ZIP code ›Weather and climate ›Living in Farmington: FAQ
What is the median household income in Farmington, MO?
The median household income in Farmington is $53,729, 24% lower than the Missouri median of $70,702 (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 $196,500, compared with $230,300 in Missouri.
How much is rent in Farmington?
The median gross rent in Farmington is $855 per month, about 25.8% of household income.
Is Farmington, MO a good place to live?
Pluses: home values 15% lower than the state median; an average commute of 20 minutes. Minuses: median household income 24% lower than the Missouri median; unemployment of 4.1%; a poverty rate of 15.9%.
What is the median age in Farmington?
The median age in Farmington is 38.5 years (Missouri: 39).
How long is the commute in Farmington?
The average commute to work in Farmington is 20 minutes; 11.1% of workers work from home.
What is the unemployment rate in Farmington?
The unemployment rate in Farmington is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Farmington?
16.3% 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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