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Farmington, Mississippi Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

During the 2020–2024 ACS period, Farmington, Mississippi had a total population of 2,312, the 111th largest town in Mississippi, with a median household income of $57,151, which is 1% higher than the state average. The poverty rate is 13.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Farmington Quick Facts

Population 2,312
Median Household Income $57,151
Median Home Value $129,900
Poverty Rate 13.7%
Unemployment Rate 0.0%
Median Age 35.4 years
Homeownership Rate 76.9%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 21.6%
High School Graduation Rate 95.2%
Diversity Index 18/100
Population 2,312 111th of 420
Median Income $57,151 above average
Poverty Rate 13.7% 10% higher than national
Median Home Value $129,900 average

How Farmington Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,0442,312+13.1%
Median household income$50,294$57,151+13.6%
Median home value$132,300$129,900-1.8%

How Farmington Compares

Economy & Housing

Household Income Distribution

Under $25K 17.8%
$25K-$50K 24.9%
$50K-$100K 31.6%
$100K+ 25.7%
Detailed income brackets
Under $10K
2.8%
$10K-$15K
1.8%
$15K-$20K
3.5%
$20K-$25K
9.7%
$25K-$30K
3.2%
$30K-$35K
5.9%
$35K-$40K
3.8%
$40K-$45K
5.7%
$45K-$50K
6.3%
$50K-$60K
10.3%
$60K-$75K
5.7%
$75K-$100K
15.5%
$100K-$125K
5.0%
$125K-$150K
15.0%
$150K-$200K
5.7%
$200K+
0.0%

Employment

0.0% Unemployment Rate State: 5.8%|National: 5.2%
57.3% Labor Force Participation

Housing Overview

Owner 76.9%
Renter 23.1%
Affordability Index Very Affordable
2.3x home value to income ratio
Median gross rent $836/mo 17.6% of median household income annually

People & Demographics

Diversity Index

18out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 56 | National average: 61

Education

Farmington Rankings in Mississippi

#111 Population of 420
#115 Median Income of 349
#159 Education of 419
#149 Home Value of 354

Other Cities in Alcorn County

CityPopulationMedian IncomePovertyHome Value
Corinth 14,323 $44,226 18.7% $177,100
Glen 401 $60,227 13.0% $107,800
Rienzi 318 $44,583 17.9% $96,000
Kossuth 223 $104,659 3.6% $207,500
Jacinto 167 N/A 0.0% N/A
Biggersville 82 $30,845 12.2% $263,500

Cities Similar to Farmington

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cleary2,295N/A$166,40027.3%15.3%
Eupora2,250$53,793$103,10019.3%23.0%
Wesson2,250$65,179$168,50014.8%27.5%
Tunica Resorts2,281$45,661$223,6008.4%12.6%
Lyman2,298$75,455$215,90022.9%20.8%

Population Overview

Farmington is a small community located in Mississippi, within Alcorn County. The total population is 2,312. It ranks as the 111th most populous out of 420 Census-designated places in Mississippi.

Age Demographics

The median age in Farmington is 35.4 years. This is 8% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Farmington is $57,151. This is 1% higher than the state median of $56,447. It is also 29% lower than the national median of $80,734. The poverty rate stands at 13.7%. This is 28% lower than the state poverty rate of 18.9%. The survey records no unemployed residents in Farmington, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $129,900. Housing costs are 23% lower than the state median of $169,800. With a home-value-to-income ratio of just 2.3x, Farmington is one of the most affordable housing markets in the area. 76.9% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 70.0%.

Race & Ethnicity

Farmington has a predominantly White (non-Hispanic) population, comprising 90.3% of all residents. Black or African American residents account for 6.4%. The White (non-Hispanic) population is significantly higher than the state average (90.3% vs 55.2%). The Black or African American population (6.4%) is well below the state average of 36.3%. The Hispanic or Latino population (0.6%) is well below the state average of 3.7%.

Education

21.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 14% lower than the state rate of 25.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.2%.

Data Sources & Methodology

All demographic data for Farmington, Mississippi 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 Mississippi state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 420 Census-designated places in Mississippi. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Farmington, Mississippi?

Farmington, Mississippi has a population of 2,312 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Farmington, MS?

The median household income in Farmington is $57,151, which is 29% lower than the national median of $80,734.

What is the poverty rate in Farmington, MS?

The poverty rate in Farmington is 13.7%. This means approximately 313 residents live below the federal poverty line.

What is the racial makeup of Farmington, Mississippi?

Farmington's population is 90.3% White, 6.4% Black, 0.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Farmington, MS?

The median home value in Farmington is $129,900. The home-value-to-income ratio is 2.3x.

How educated is Farmington, Mississippi?

21.6% of adults (25+) in Farmington hold a bachelor's degree or higher, and 10.3% hold a graduate or professional degree.