Most Expensive Farmington Neighborhoods
Farmington is a medium-sized city located in the state of Minnesota. With a population of 22,571 people and six constituent neighborhoods, Farmington is the 50th largest community in Minnesota. Farmington has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Farmington, where the median household income is $87,653.
Unlike some cities, Farmington isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Farmington are a mix of both white- and blue-collar jobs. Overall, Farmington is a city of sales and office workers, professionals and managers. There are especially a lot of people living in Farmington who work in office and administrative support (15.53%), sales jobs (9.89%) and management occupations (9.38%).
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.
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.
The population of Farmington is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 34.01% of adults in Farmington have a bachelor's degree or even advanced degree.
The per capita income in Farmington in 2010 was $32,050, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $128,200 for a family of four.
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 German, Norwegian, Irish, Swedish, English and Polish.
The most common language spoken in Farmington is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||7,546|
|FARMINGTON HOME OWNERSHIP|
|% OWNER OCCUPIED||87.04%|
|% RENTER OCCUPIED||12.96%|
|TYPE OF FARMINGTON HOMES|
|SINGLE FAMILY DETACHED||71.36%|
|ROWHOUSES AND ATTACHED HOMES||21.29%|
|SMALL APARTMENT BUILDINGS||1.68%|
|COMPLEXES OR HIGH RISE APARTMENTS||5.67%|
|SIZE OF FARMINGTON HOMES|
|5 OR MORE BEDROOMS||6.98%|
|AGE OF FARMINGTON HOMES|
|NEWER HOMES (2000 OR LATER)||43.17%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||43.13%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||8.77%|
|HISTORIC (1939 OR BEFORE)||4.93%|
|FARMINGTON REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$239,438|
|MEDIAN RENTAL PRICE||$925|
|HOME VALUE RANGE|
|$0 - $59,000||2.64%|
|$59,001 - $119,000||3.49%|
|$119,001 - $238,000||43.74%|
|$238,001 - $357,000||38.59%|
|$357,001 - $476,000||10.73%|
|$476,001 - $594,000||0.76%|
|$594,001 - $892,000||0.06%|
|$892,001 - $1,189,000||0.00%|
|PEOPLE OF FARMINGTON||DETAILS|
|UNDER 5 YEARS||9.68%|
|5 TO 17||21.38%|
|18 TO 24||6.12%|
|25 TO 34||15.91%|
|35 TO 54||33.38%|
|55 TO 64||7.01%|
|65 YEARS AND OVER||6.53%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||95.03%|
|MEDIAN HOUSEHOLD INCOME||$87,653|
|PER CAPITA INCOME||$32,050|
|INDIVIDUALS BELOW POVERTY LEVEL||2.63%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (13.91%)
Professional, scientific, and technical services (7.29%)
Public Service (3.95%)
Information Technology (2.59%)
|BLACK OR AFRICAN AMERICAN||2.10%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.24%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||1.34%|
|TWO OR MORE RACES||1.95%|
|HISPANIC OR LATINO (OF ANY RACE)||2.74%|
|ETHNICITIES PRESENT||German (39.69%)
|LANGUAGES SPOKEN||English (91.65%)
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