Farmington is home to 23,902 people in Minnesota. The population has more than doubled since 2000, adding 11,537 people. Owners hold 86% of the housing stock. That puts it in the top 4% of US cities for household income. That is roughly 39% ahead of the Minnesota median. Households take in $123,673 a year at the median, 50% more than the country as a whole.
At a glance
Wealthier
median household income $123,673, above the US median
US median: $82,259
Younger
median age 35.4
US median: 38.9
Average education
39% hold a bachelor's degree
US average: 36%
Less affordable
home values up 38%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Farmington
What changed most since 1990
Population5,940 → 23,902(+302%)US over the same years: +35%
Adults with a bachelor's degree12.7% → 38.7%(+26.0 pts)US over the same years: +15.3 pts
Homes owned by their occupants76.8% → 86.5%(+9.6 pts)US over the same years: +0.9 pts
Farmington's population equals 5.4% of Dakota County's. Its number of households without a car equals 1.9% of the county's. Its number of foreign-born residents equals 2.3% of the county's.
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)31.5%(286)
US avg: 26.4%
Gulf War (1990s)34%(308)
US avg: 24.3%
Vietnam era18.2%(165)
US avg: 33.1%
Korean War6.1%(55)
US avg: 4.5%
World War II0%(0)
US avg: 1%
Share of the 907 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Farmington, decade by decade
Farmington population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
5,940
$87,094
$193,206
12.7%
5.8
2000
12,365
$112,695
$266,326
23.6%
13.4
2010
21,086
$115,796
$329,720
29.8%
27.7
2020
23,632
$115,539
$326,644
33.1%
41.1
2024
23,902
$123,673
$366,200
38.7%
41.4
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
