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CITY

Farmington

Minnesota · 25,425 residents (2025 est.) · 15.513 sq mi
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The short version

Farmington is significantly wealthier than the US average, with a median household income of $123,673. The city has grown rapidly, with population up 93% since 2000. Median home value has more than doubled since 2000, reaching $366,200. Poverty is rare here, at 5.1% of residents. It ranks in the top 5% of US cities for household income. Households here earn about 39% more than the Minnesota median.

At a glance
Wealthier
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
Section 01

Population & growth

Total population
23,902
+93%since 2000
from 12,365 in 2000
1990 – 2025
Population density
1,541 / sq mi
+93%since 2000
from 797 / sq mi in 2000
US average: 281
Median age
35.4
+18%since 2000
from 30.0 in 2000
US average: 38.9

PEP 2025 EST:25,425 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
4K10K15K20K26K1990201020202024Farmington
202424K
1990201020202024
Section 02

Income & economy

Median household income
$123,673
+10%inflation adjusted, since 2000
from $61,864 in 2000
US average: $82,259
1990 – 2024
Per capita income
$48,512
+118%since 2000
from $22,281 in 2000
US average: $44,673
Households earning $100K+
75.2%
+21.9 ptssince 2009
from 53.3% in 2009
US average: 53.3%
Poverty rate
5.1%
+2.7 ptssince 2000
from 2.4% in 2000
US average: 12.5%
Income inequality (Gini)
0.347
+21%since 2010
from 0.287 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade14.4%
US avg: 9.9%
Other services11.2%
US avg: 6.7%
Public administration10.3%
US avg: 4.8%
Information8.7%
US avg: 10.8%
Wholesale trade7.4%
US avg: 6.9%
Finance & insurance7.3%
US avg: 5.9%
Professional, scientific, technical7.1%
US avg: 5.1%
Transportation & warehousing3%
US avg: 2.2%
Agriculture, forestry, fishing1.1%
US avg: 1.6%
Construction1.1%
US avg: 1.2%
Arts, entertainment, food1%
US avg: 1.9%
Education & health services0.2%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$366,200
+38%inflation adjusted, since 2000
from $146,200 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,241
+20%inflation adjusted, since 2000
from $569 in 2000
US average: $1,442
Owner-occupied
86.5%
−1.0 ptssince 2000
from 87.5% in 2000
13.5% rent
Vacancy rate
2.5%
−1.6 ptssince 2009
from 4.1% in 2009
US average: 10.0%
Owner cost-burdened
16.1%
−15.2 ptssince 2009
from 31.3% in 2009
US average: 22.9%
Renter cost-burdened
47.7%
+6.5 ptssince 2009
from 41.2% in 2009
US average: 47.4%
Afford Score
3.0
+25%since 2000
from 2.4 in 2000
1990 – 2024
Gentrification Score
57
RELATED:See current rent listings in Farmington on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94.4%(11,677)
Black0.7%(91)
Hispanic / Latino1.9%(232)
Asian1.4%(174)
Other0%
Diversity Score9.9%(1,227)
2024
White, non-Hispanic81.2%(19,408)
Black4.2%(996)
Hispanic / Latino6.2%(1,477)
Asian3.7%(884)
Other4.8%(1,137)
Diversity Score41.4%(9,904)
Diversity Score
41
+318%since 2000
from 10 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
38.7%
+15.1 ptssince 2000
from 23.6% in 2000
US average: 35.6%
High school or higher
93.5%
+3.1 ptssince 2000
from 90.4% in 2000
US average: 89.6%
Graduate degree
7.9%
+3.7 ptssince 2000
from 4.2% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
27.7 min
+65%since 2000
from 16.8 min in 2000
US average: 26.5
Drive alone to work
71.7%
−14.6 ptssince 2009
from 86.3% in 2009
US average: 68.9%
Carpooled to work
6.2%
−0.1 ptssince 2009
from 6.3% in 2009
US average: 8.5%
Public transit
0.3%
−1.2 ptssince 2009
from 1.5% in 2009
US average: 3.2%
Worked from home
20.4%
+15.9 ptssince 2009
from 4.5% in 2009
US average: 15.0%
Walked to work
0.9%
+0.4 ptssince 2009
from 0.6% in 2009
US average: 2.4%
Biked to work
0.0%
−0.2 ptssince 2009
from 0.2% in 2009
US average: 0.4%
No vehicle available
1.9%
−0.2 ptssince 2009
from 2.2% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.4%
−3.3 ptssince 2011
from 6.7% in 2011
US average: 5.2%
Labor force participation
77.7%
−1.3 ptssince 2011
from 79.0% in 2011
US average: 63.5%
Self-employed
11.7%
+0.8 ptssince 2009
from 11.0% in 2009
US average: 13.1%
Management & professional
46.2%
−16.8 ptssince 2009
from 63.1% in 2009
US average: 42.5%
Section 08

People & community

Male
51.6%
+0.7 ptssince 2009
from 50.9% in 2009
Female
48.4%
−0.7 ptssince 2009
from 49.1% in 2009
Foreign born
4.4%
+0.6 ptssince 2009
from 3.8% in 2009
US average: 14.1%
Veterans
5.4%
−44.5 ptssince 2009
from 49.8% in 2009
US average: 6.2%
With a disability
7.6%
+2.1 ptssince 2012
from 5.5% in 2012
US average: 13.3%
Uninsured
2.9%
−92.2 ptssince 2013
from 95.1% in 2013
US average: 8.4%
Broadband at home
97.4%
+5.9 ptssince 2017
from 91.5% in 2017
US average: 91.0%
English only at home
92.8%
+1.7 ptssince 2016
from 91.1% in 2016
US average: 77.7%
Spanish at home
2.9%
−0.3 ptssince 2016
from 3.2% in 2016
US average: 13.6%
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Compare Farmington to nearby cities

FARMINGTON VS
Lakeville
Income$139,041+12%
Home value$452,500+24%
Population79,270+212%
SEE FULL COMPARISON →
FARMINGTON VS
Apple Valley
Income$97,673−21%
Home value$370,400+1%
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FARMINGTON VS
Rosemount
Income$129,625+5%
Home value$424,100+16%
Population31,881+25%
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FARMINGTON VS
Burnsville
Income$87,024−30%
Home value$355,200−3%
Population65,244+157%
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Frequently asked

How many people live in Farmington, Minnesota?

Farmington, Minnesota has about 23,902 residents according to the 2024 American Community Survey.

What is the median household income in Farmington, Minnesota?

The typical household in Farmington, Minnesota earns about $123,673 a year. Half of households make more than that, and half make less.

Is Farmington, Minnesota expensive?

In Farmington, Minnesota, the median home is worth about $366,200, and the typical rent is about $1,241 a month.

How educated are people in Farmington, Minnesota?

About 38.7% of adults age 25 and over in Farmington, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Farmington, Minnesota?

About 5.1% of people in Farmington, Minnesota live below the federal poverty line.

Has Farmington, Minnesota grown since 1990?

Yes, Farmington, Minnesota has grown since 1990. The population has added about 17,962 residents, a change of about 302 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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