Farmington, California Median Income

Farmington, California has a population of 172, with a median household income of $65,221.

Current median income data for Farmington.

$65,221

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Population

172

💰

Median Income

$65,221

📉

Unemployment

5.00%

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Housing Price

$502,114

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Crime Rate

2.60

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Internet Speed

180.00 Mbps

Farmington is a small local community located in California. The city has a population that is below the average city population in California, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in California, Farmington provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Farmington has a population of 172, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Farmington is $65,221, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Farmington is about $502,114, making it relatively affordable compared to many cities in California.

Employment and Safety

The unemployment rate in Farmington is 5.00%, which is lower than the state average, indicating a relatively strong job market. Farmington has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in California, Farmington shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Farmington offers a balanced mix of economic conditions, population trends, and housing opportunities within California.

Frequently Asked Questions about Farmington

What is the population of Farmington?

The population of Farmington is approximately 172.

Is Farmington a good place to live?

Farmington offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Farmington?

The median household income in Farmington is around $65,221.

How expensive is housing in Farmington?

The average housing price in Farmington is approximately $502,114.