Farmington, Utah Unemployment

Farmington, Utah has a population of 26,118, with a median household income of $118,218.

Current unemployment data for Farmington.

2.20%

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Population

26,118

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Median Income

$118,218

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Unemployment

2.20%

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Housing Price

$621,400

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Crime Rate

7.30

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Internet Speed

294.10 Mbps

Farmington is a smaller urban community located in Utah. The city has a population that is above the average city population in Utah, 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 Utah, Farmington provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Farmington has a population of 26,118, which is higher than the state average. This indicates a relatively larger urban presence within Utah.

Income and Economy

The median household income in Farmington is $118,218, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Farmington average around $621,400, which is relatively high compared to other cities in Utah.

Employment and Safety

The unemployment rate in Farmington is 2.20%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Farmington are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Utah, 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 Utah.

Frequently Asked Questions about Farmington

What is the population of Farmington?

The population of Farmington is approximately 26,118.

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 $118,218.

How expensive is housing in Farmington?

The average housing price in Farmington is approximately $621,400.