Farmington city, Minnesota Demographics & Population 2026
As of 2026, Farmington city, Minnesota has a total population of 23,675, the 46th largest city in Minnesota, with a median household income of $118,556, which is 35% higher than the state average. The poverty rate is 3.8%.
Key Takeaways
- Household income is 35% above the state average — one of the wealthiest communities in Minnesota.
- An exceptionally low poverty rate of 3.8% — among the lowest in Minnesota.
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: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Farmington city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Dakota County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| St. Paul city | 307,762 | $73,055 | 15.8% | $280,300 |
| Lakeville city | 72,480 | $138,119 | 3.3% | $425,200 |
| Eagan city | 68,158 | $107,486 | 5.9% | $380,800 |
| Burnsville city | 64,295 | $83,953 | 8.7% | $335,100 |
| Apple Valley city | 55,696 | $99,277 | 5.9% | $354,200 |
| Inver Grove Heights city | 35,772 | $104,055 | 4.6% | $352,300 |
| Rosemount city | 26,509 | $127,247 | 2.9% | $406,100 |
| West St. Paul city | 21,076 | $70,738 | 9.1% | $281,800 |
| South St. Paul city | 20,633 | $84,472 | 9.1% | $266,800 |
| Mendota Heights city | 11,644 | $132,935 | 2.6% | $504,100 |
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 |
|---|---|---|---|---|---|
| Champlin city | 23,450 | $115,719 | $338,400 | 36.6% | 7.0% |
| Lino Lakes city | 21,847 | $121,800 | $385,000 | 43.3% | 2.8% |
| Golden Valley city | 21,927 | $114,435 | $423,500 | 61.7% | 8.1% |
| Otsego city | 21,358 | $127,219 | $367,200 | 41.8% | 0.8% |
| Rosemount city | 26,509 | $127,247 | $406,100 | 50.3% | 2.9% |
Population Overview
Farmington city is a small city located in Minnesota, within Dakota County. The total population is 23,675. It ranks as the 46th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Farmington city is 35.6 years. This is 8% lower than the state median of 38.6 years. With 31.4% of the population under 18, Farmington city has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Farmington city is $118,556. This is 35% higher than the state median of $87,556. Compared to the national median of $78,538, household income here is 51% higher. The poverty rate stands at 3.8%. This is 59% lower than the state poverty rate of 9.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.6%. This is 9% lower than the state rate of 3.9%. The median home value is $345,100. Housing costs are 13% higher than the state median of $305,500. With a home-value-to-income ratio of just 2.9x, Farmington city is one of the most affordable housing markets in the area. 86.6% of occupied housing units are owner-occupied. This homeownership rate is 20% higher than the state average of 72.4%.
Race & Ethnicity
The largest racial or ethnic group in Farmington city is White (non-Hispanic), making up 82.5% of the population. Hispanic or Latino residents account for 6.4%.
Education
38.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 2% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.5%.
Data Sources & Methodology
All demographic data for Farmington city, Minnesota 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 Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Farmington city, Minnesota?
Farmington city, Minnesota has a population of 23,675 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Farmington city, MN?
The median household income in Farmington city is $118,556, which is 51% higher the national median of $78,538.
What is the poverty rate in Farmington city, MN?
The poverty rate in Farmington city is 3.8%. This means approximately 889 residents live below the federal poverty line.
What is the racial makeup of Farmington city, Minnesota?
Farmington city's population is 82.5% White, 4.1% Black, 6.4% Hispanic/Latino, and 3.3% Asian.
What is the median home value in Farmington city, MN?
The median home value in Farmington city is $345,100. The home-value-to-income ratio is 2.9x.
How educated is Farmington city, Minnesota?
38.1% of adults (25+) in Farmington city hold a bachelor's degree or higher, and 8.0% hold a graduate or professional degree.