Farmington
Farmington is significantly wealthier than the US average, with a median household income of $95,326. The city has grown rapidly, with population up 91% since 2000. Median home value has more than doubled since 2000, reaching $269,500. Poverty is rare here, at 2.9% of residents. Households here earn about 30% more than the Minnesota median.
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How many people live in Farmington, Minnesota?
Farmington, Minnesota has about 23,632 residents according to the 2020 American Community Survey.
What is the median household income in Farmington, Minnesota?
The typical household in Farmington, Minnesota earns about $95,326 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 $269,500, and the typical rent is about $1,280 a month.
How educated are people in Farmington, Minnesota?
About 33.1% 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 2.9% 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 17,692 residents, a change of about 298 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024