Farmington, Iowa Demographics & Population 2026
During the 2020–2024 ACS period, Farmington, Iowa had a total population of 540, the 456th largest city in Iowa, with a median household income of $53,333, which is 29% lower than the state average. The poverty rate is 16.3%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.5x.
- Near full employment with an unemployment rate of just 0.8%.
Farmington Quick Facts
How Farmington Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 531 | 540 | +1.7% |
| Median household income | $54,643 | $53,333 | -2.4% |
| Median home value | $63,600 | $81,400 | +28.0% |
How Farmington Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 31 | National average: 61
Education
Educational Attainment (Adults 25+)
Farmington Rankings in Iowa
Explore Iowa Rankings
Other Cities in Van Buren County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Keosauqua | 914 | $51,136 | 8.8% | $98,500 |
| Milton | 493 | $51,500 | 21.7% | $61,400 |
| Birmingham | 454 | $65,000 | 13.1% | $96,300 |
| Cantril | 335 | $40,000 | 8.1% | $80,000 |
| Bonaparte | 302 | $40,909 | 16.6% | $69,600 |
| Douds | 243 | N/A | 41.6% | $96,700 |
| Stockport | 210 | $53,125 | 22.4% | $57,500 |
| Leando | 74 | N/A | 13.5% | N/A |
| Mount Sterling | 36 | N/A | 0.0% | N/A |
Cities Similar to Farmington
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Pomeroy | 542 | $53,542 | $70,200 | 19.4% | 13.1% |
| Scranton | 542 | $53,864 | $86,300 | 6.3% | 22.5% |
| Packwood | 539 | $51,500 | $80,000 | 19.2% | 0.7% |
| Colesburg | 545 | $51,719 | $117,100 | 13.4% | 4.4% |
| Batavia | 536 | $56,250 | $111,600 | 17.0% | 9.7% |
A note before these figures: with a population of 540, Farmington's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Farmington is a small community located in Iowa, within Van Buren County. The total population is 540. It ranks as the 456th most populous out of 1,017 Census-designated places in Iowa.
Age Demographics
The median age in Farmington is 49.0 years. This is 27% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Farmington is $53,333. This is 29% lower than the state median of $75,059. It is also 34% lower than the national median of $80,734. The poverty rate stands at 16.3%. This is 47% higher than the state poverty rate of 11.1%. The unemployment rate is 0.8%. This is 78% lower than the state rate of 3.6%. The median home value is $81,400. Housing costs are 61% lower than the state median of $208,000. With a home-value-to-income ratio of just 1.5x, Farmington is one of the most affordable housing markets in the area. 79.7% of occupied housing units are owner-occupied. This homeownership rate is 11% higher than the state average of 71.7%.
Race & Ethnicity
Farmington has a predominantly White (non-Hispanic) population, comprising 88.0% of all residents. Black or African American residents account for 3.5%. The Hispanic or Latino population (3.1%) is well below the state average of 7.3%. The Asian population (0.4%) is well below the state average of 2.5%.
Education
10.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 67% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.2%.
Data Sources & Methodology
All demographic data for Farmington, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all Iowa city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Farmington, Iowa?
Farmington, Iowa has a population of 540 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Farmington, IA?
The median household income in Farmington is $53,333, which is 34% lower than the national median of $80,734.
What is the poverty rate in Farmington, IA?
The poverty rate in Farmington is 16.3%. This means approximately 88 residents live below the federal poverty line.
What is the racial makeup of Farmington, Iowa?
Farmington's population is 88.0% White, 3.5% Black, 3.1% Hispanic/Latino, and 0.4% Asian.
What is the median home value in Farmington, IA?
The median home value in Farmington is $81,400. The home-value-to-income ratio is 1.5x.
How educated is Farmington, Iowa?
10.4% of adults (25+) in Farmington hold a bachelor's degree or higher, and 3.8% hold a graduate or professional degree.