Farmington is a small town of 506 in Iowa, with a median household income of $55,625
and a 2.6% unemployment rate.
Its cost of living index is 85 (US average = 100), which is
15% below the national average.
Strengths:
Farmington stands out for an affordable cost of living, below-average home prices, solid school ratings (B).
Trade-offs:
No major red flags stand out in the available data. Whether Farmington is right for you depends on your priorities — the full breakdown is below.
All Farmington city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 85.2
Farmington's overall cost of living index is 85.2,
where 100 represents the US national average.
Living in Farmington costs roughly 15% less than the average American city.
Metric
Farmington, IA
National Avg
Median Home Value
$50,800
$244,900
Median Monthly Rent
$807
$1,163
Homeownership Rate
83.4%
65.9%
Median Household Income
$55,625
$74,755
Crime & Safety
Very Safe
Farmington's violent crime rate is 56.8 per 100,000 residents
— 85% lower than the national average of ~380 per 100,000.
Violent Crime
56.8 /100k
Property Crime
369.1 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Farmington is served primarily by Van Buren County Comm School District.
The student-to-teacher ratio is 11.5:1
(better than the national average of ~16:1).
Metric
Farmington, IA
National Avg
School District
Van Buren County Comm School District
—
Elementary Schools
2
—
Middle Schools
N/A
—
High Schools
1
—
Student/Teacher Ratio
11.5:1
16:1
Bachelor's Degree or Higher
12.0%
35.4%
High School Diploma or Higher
94.0%
91.1%
Weather & Climate
Farmington sees average highs of 32.8°F in January
and 86.4°F in July,
with 39.2 inches of annual precipitation
and 26.6 inches of snow per year.
Farmington's cost of living index is 85, where 100 is the national average.
That makes Farmington roughly 15% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $50,800 and median rent is $807/month.
Farmington's violent crime rate is 56.8 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 369.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Farmington are operated by Van Buren County Comm School District.
The district has 2 elementary, several middle, and 1 high schools.
The student-to-teacher ratio is 11.5:1. 12.0% of adults 25+ hold a bachelor's degree or higher.
Farmington, IA has a population of 506, a median household income of $55,625, and an unemployment rate of 2.6%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Farmington averages 32.8°F in January and 86.4°F in July. Annual rainfall is 39.2 inches
with about 26.6 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Farmington, IA is covered by 1 ZIP code: 52626.
The population of Farmington, Iowa is 506 with a median age of 48.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Farmington: cost of living index 85 (100 = US average), median home $50,800, median household income $55,625, crime index 16 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Farmington side by side with your current city to see the trade-offs.