Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.1 yrs |
|---|---|
| Avg HH Size | 2.37 |
| Below Poverty | 16.5% ▲ 65% above avg |
| College Grads | 30.4% ▼ 22% below avg |
| Unemployment | 4.9% ≈ Avg |
| HS Graduate | 306 (37.5%) |
| Some College | 174 (21.3%) |
| Associates | 88 (10.8%) |
| Bachelors | 137 (16.8%) |
| Graduate Degree | 111 (13.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $58,580 ▼ 23% below avg |
|---|---|
| Median Home Value | $88,800 ▼ 68% below avg |
| Home/Income Ratio | 1.5x (nat avg ~3.5x) |
| Median Rent | $742/mo |
| Total Housing Units | 558 |
| Vacant Units | 73 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Farmington is a city in Iowa, located in Van Buren County. The city spans 1 ZIP code and is home to approximately 1,151 residents. It is a mature city, with a median age of 50.1 years.
Economically, Farmington is a solidly middle-class community. The median household income of $58,580 is below the national average. Approximately 16.5% of residents live below the poverty line. The unemployment rate is 4.9%, near the national average.
The real estate market in Farmington is one of the more affordable housing markets in the country. Median home values stand at $88,800, which is well below the national average. Renters typically pay around $742 per month. Homeownership is high at 79.8%, typical of suburban and family-oriented communities.
The population of Farmington is moderately educated. 30.4% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (95.83%).
Farmington, IA offers residents a cost-conscious lifestyle within Iowa.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 52626 | 1,151 | $58,580 | $88,800 | $742 | 4.9% | 30.4% | 79.8% |