Farmington is a medium-sized city located in the state of Utah. With a population of 25,771 people and four associated neighborhoods, Farmington is the 39th largest community in Utah. Much of the housing stock in Farmington was built relatively recently. The construction of new real estate can often be taken as an indication that the local Farmington economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Farmington, where the median household income is $120,432.00.
Farmington home prices are not only among the most expensive in Utah, but Farmington real estate also consistently ranks among the most expensive in America.
Also of interest is that Farmington has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Farmington is also a city of artists. Farmington has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Farmington’s character.
A relatively large number of people in Farmington telecommute to their jobs. Overall, about 22.05% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Farmington is a great place for families with children to consider. First of all, many other families with children live here, making Farmington a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Farmington has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Farmington’s overall crime rate is lower than average for the country.
If knowledge is power, Farmington is a pretty powerful place. 50.63% of the adults in Farmington have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Farmington in 2022 was $44,512, which is wealthy relative to Utah, and upper middle income relative to the rest of the US. This equates to an annual income of $178,048 for a family of four.
Farmington is a somewhat ethnically-diverse city. The people who call Farmington home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Farmington residents report their race to be White, followed by Asian. Important ancestries of people in Farmington include English, German, Irish, Danish, and European.
The most common language spoken in Farmington is English. Other important languages spoken here include Spanish and French Creole.