Farmington city, Iowa Demographics & Population 2026
As of 2026, Farmington city, Iowa has a total population of 531, the 456th largest city in Iowa, with a median household income of $54,643, which is 25% lower than the state average. The poverty rate is 9.8%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.2x.
- Near full employment with an unemployment rate of just 0.0%.
Farmington city Quick Facts
How Farmington city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 30 | National average: 60
Education
Educational Attainment (Adults 25+)
Farmington city Rankings in Iowa
Explore Iowa Rankings
Cities Similar to Farmington city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Klemme city | 540 | $57,031 | $83,300 | 8.2% | 9.6% |
| Royal city | 518 | $57,450 | $79,400 | 19.7% | 15.3% |
| Stanwood city | 520 | $58,750 | $137,700 | 12.9% | 9.7% |
| Garwin city | 554 | $56,563 | $85,100 | 8.7% | 7.0% |
| Dows city | 544 | $58,750 | $56,200 | 19.2% | 7.2% |
Population Overview
Farmington city is a small community located in Iowa. The total population is 531. It ranks as the 456th most populous out of 1,018 cities and towns in Iowa.
Age Demographics
The median age in Farmington city is 52.7 years. This is 37% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Farmington city is $54,643. This is 25% lower than the state median of $73,147. Compared to the national median of $78,538, household income here is 30% lower. The poverty rate stands at 9.8%. This is 11% lower than the state poverty rate of 11.0%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.6%. The median home value is $63,600. Housing costs are 68% lower than the state median of $195,900. With a home-value-to-income ratio of just 1.2x, Farmington city is one of the most affordable housing markets in the area. 82.5% of occupied housing units are owner-occupied. This homeownership rate is 15% higher than the state average of 71.5%.
Race & Ethnicity
Farmington city has a predominantly White (non-Hispanic) population, comprising 91.0% of all residents. Hispanic or Latino residents account for 3.0%. The Black or African American population (0.8%) is well below the state average of 3.8%. The Hispanic or Latino population (3.0%) is well below the state average of 7.0%.
Education
10.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 66% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.0%.
Data Sources & Methodology
All demographic data for Farmington city, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Farmington city, Iowa?
Farmington city, Iowa has a population of 531 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Farmington city, IA?
The median household income in Farmington city is $54,643, which is 30% lower the national median of $78,538.
What is the poverty rate in Farmington city, IA?
The poverty rate in Farmington city is 9.8%. This means approximately 52 residents live below the federal poverty line.
What is the racial makeup of Farmington city, Iowa?
Farmington city's population is 91.0% White, 0.8% Black, 3.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Farmington city, IA?
The median home value in Farmington city is $63,600. The home-value-to-income ratio is 1.2x.
How educated is Farmington city, Iowa?
10.6% of adults (25+) in Farmington city hold a bachelor's degree or higher, and 3.9% hold a graduate or professional degree.