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Farmington, North Carolina

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
409
Population
$53,462
Median Income
$205,700
Home Value
35.6
Median Age

Demographics

Farmington has a population of 409 with a median age of 35.6. Here is the racial and ethnic breakdown of the population:

White
100.0%
Demographic Value
Total Population409
Median Age35.6
White100.0%
Farmington, North Carolina — racial composition (Census ACS 2024)Donut chart of 1 segments totaling 100.White: 100.0%409PopulationWhiteWhite100.0%

Income & Economy

The median household income in Farmington is $53,462, which is 33.7% below the national median of $80,610. The per capita income is $24,696. The poverty rate is 12.7%.

$53,462
Median Household Income
$24,696
Per Capita Income
12.7%
Poverty Rate

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Education

In Farmington, 75.7% of residents age 25+ have a high school diploma or higher.

HS Diploma+
75.7%
Education Level % of Adults (25+)
High School Diploma or Higher75.7%

Housing

The median home value in Farmington is $205,700, below the national median of $303,400. The homeownership rate is 80.0%.

$205,700
Median Home Value
80.0%
Homeownership Rate
Housing Metric Value
Median Home Value$205,700
Homeownership Rate80.0%

Salaries in North Carolina

Explore salary data for popular occupations in North Carolina:

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Other Cities in North Carolina

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Frequently Asked Questions

What is the population of Farmington, North Carolina?
The population of Farmington, North Carolina is 409 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Farmington, North Carolina?
The median household income in Farmington, North Carolina is $53,462. This is 33.7% below the national median of $80,610.
What is the median home value in Farmington, North Carolina?
The median home value in Farmington, North Carolina is $205,700.
Is Farmington, North Carolina an affordable place to live?
The home price-to-income ratio in Farmington, North Carolina is 3.8x (median home value $205,700 vs. median income $53,462), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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