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Farmington, Mississippi

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,312
Population
$57,151
Median Income
$129,900
Home Value
35.4
Median Age

Demographics

Farmington has a population of 2,312 with a median age of 35.4. Here is the racial and ethnic breakdown of the population:

White
90.9%
Black
6.4%
Other
2.1%
Hispanic
0.6%
Demographic Value
Total Population2,312
Median Age35.4
White90.9%
Black or African American6.4%
Hispanic or Latino0.6%
Other / Two or More Races2.1%
Farmington, Mississippi — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 90.9%Black: 6.4%Other: 2.1%Other: 0.6%2,312PopulationWhiteWhite90.9%BlackBlack6.4%OtherOther2.1%OtherOther0.6%

Income & Economy

The median household income in Farmington is $57,151, which is 29.1% below the national median of $80,610. The per capita income is $25,250. The poverty rate is 13.7%.

$57,151
Median Household Income
$25,250
Per Capita Income
13.7%
Poverty Rate

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Education

In Farmington, 95.2% of residents age 25+ have a high school diploma or higher, and 21.6% hold a bachelor's degree or higher (10.3% with a graduate or professional degree).

HS Diploma+
95.2%
Bachelor's+
21.6%
Graduate+
10.3%
Education Level % of Adults (25+)
High School Diploma or Higher95.2%
Bachelor's Degree or Higher21.6%
Graduate or Professional Degree10.3%

Housing

The median home value in Farmington is $129,900, below the national median of $303,400. The median monthly rent is $836. The homeownership rate is 76.9%.

$129,900
Median Home Value
$836/mo
Median Rent
76.9%
Homeownership Rate
Housing Metric Value
Median Home Value$129,900
Median Monthly Rent$836
Homeownership Rate76.9%
Vacancy Rate9.4%

Salaries in Mississippi

Explore salary data for popular occupations in Mississippi:

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Other Cities in Mississippi

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Frequently Asked Questions

What is the population of Farmington, Mississippi?
The population of Farmington, Mississippi is 2,312 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Farmington, Mississippi?
The median household income in Farmington, Mississippi is $57,151. This is 29.1% below the national median of $80,610.
What is the median home value in Farmington, Mississippi?
The median home value in Farmington, Mississippi is $129,900. The median monthly rent is $836.
What percentage of people in Farmington have a college degree?
In Farmington, Mississippi, 21.6% of adults age 25 and older hold a bachelor's degree or higher, and 95.2% have a high school diploma or higher.
Is Farmington, Mississippi an affordable place to live?
The home price-to-income ratio in Farmington, Mississippi is 2.3x (median home value $129,900 vs. median income $57,151), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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