Median Income
$114,737
household / year
Median Home Value
$324,200
owner-occupied
Median Rent
$1,214
gross / month
Cost of Living
104
national avg = 100

Is Farmington, MN a Good Place to Live?

Farmington is a small city of 23,487 in Minnesota, with a median household income of $114,737 and a 3.4% unemployment rate. Its cost of living index is 104 (US average = 100), which is 4% above the national average.

Strengths: Farmington stands out for lower-than-average crime, solid school ratings (B+), a well-educated population.

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: 104.5

Farmington's overall cost of living index is 104.5, where 100 represents the US national average. Living in Farmington costs roughly 4% more than the average American city.

Metric Farmington, MN National Avg
Median Home Value $324,200 $244,900
Median Monthly Rent $1,214 $1,163
Homeownership Rate 86.2% 65.9%
Median Household Income $114,737 $74,755

Crime & Safety

Very Safe

Farmington's violent crime rate is 79.2 per 100,000 residents — 79% lower than the national average of ~380 per 100,000.

Violent Crime
79.2 /100k
Property Crime
333.4 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Farmington is served primarily by FARMINGTON PUBLIC SCHOOL DISTRICT. The student-to-teacher ratio is 15.4:1 (better than the national average of ~16:1).

Metric Farmington, MN National Avg
School District FARMINGTON PUBLIC SCHOOL DISTRICT
Elementary Schools 6
Middle Schools 3
High Schools 3
Student/Teacher Ratio 15.4:1 16:1
Bachelor's Degree or Higher 37.5% 35.4%
High School Diploma or Higher 93.8% 91.1%

Weather & Climate

Farmington sees average highs of 22.9°F in January and 82.0°F in July, with 32.3 inches of annual precipitation and 41.0 inches of snow per year.

MetricFarmington, MN
Average High — January22.9°F
Average High — July82.0°F
Annual Precipitation32.3"
Annual Snowfall41.0"

Demographics

MetricFarmington, MNNational Avg
Population23,487
Median Age35.138.9
Unemployment Rate3.4%3.7%
Avg Commute Time27.5 min26 min
White (non-Hispanic)87.2%59.3%
Black or African American3.5%13.6%
Hispanic or Latino3.3%18.9%
Asian2.6%6.3%
Under 1831.8%22.2%
65 and over7.7%16.8%

Nearby Cities

ZIP Codes in Farmington

Farmington, MN is covered by 1 ZIP code:

Farmington vs Other Cities

Frequently Asked Questions

Farmington's cost of living index is 104, where 100 is the national average. That puts Farmington roughly 4% above the national average in cost. The median home price is $324,200 and median rent is $1,214/month.
Farmington's violent crime rate is 79.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 333.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Farmington are operated by FARMINGTON PUBLIC SCHOOL DISTRICT. The district has 6 elementary, 3 middle, and 3 high schools. The student-to-teacher ratio is 15.4:1. 37.5% of adults 25+ hold a bachelor's degree or higher.
Farmington, MN has a population of 23,487, a median household income of $114,737, and an unemployment rate of 3.4%. 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 22.9°F in January and 82.0°F in July. Annual rainfall is 32.3 inches with about 41.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Farmington, MN is covered by 1 ZIP code: 55024.
The population of Farmington, Minnesota is 23,487 with a median age of 35.1. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Farmington: cost of living index 104 (100 = US average), median home $324,200, median household income $114,737, crime index 19 (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.