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Farmington, North Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Farmington, North Carolina had a total population of 409, the 620th largest community in North Carolina, with a median household income of $53,462, which is 26% lower than the state average. The poverty rate is 12.7%.

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

Key Takeaways

Farmington Quick Facts

Population 409
Median Household Income $53,462
Median Home Value $205,700
Poverty Rate 12.7%
Unemployment Rate 15.9%
Median Age 35.6 years
Homeownership Rate 80.0%
Affordability Ratio 3.8x
Bachelor's Degree or Higher 0.0%
High School Graduation Rate 75.7%
Diversity Index 0/100
Population 409 620th of 772
Median Income $53,462 below average
Poverty Rate 12.7% 2% higher than national
Median Home Value $205,700 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
Population174409+135.1%
Median household income$28,750$53,462+86.0%
Median home value$169,000$205,700+21.7%

How Farmington Compares

Economy & Housing

Household Income Distribution

Under $25K 20.0%
$25K-$50K 26.7%
$50K-$100K 29.3%
$100K+ 24.0%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
20.0%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
10.7%
$30K-$35K
6.7%
$35K-$40K
0.0%
$40K-$45K
9.3%
$45K-$50K
0.0%
$50K-$60K
8.7%
$60K-$75K
8.0%
$75K-$100K
12.7%
$100K-$125K
0.0%
$125K-$150K
24.0%
$150K-$200K
0.0%
$200K+
0.0%

Employment

15.9% Unemployment Rate State: 4.7%|National: 5.2%
54.8% Labor Force Participation

Housing Overview

Owner 80.0%
Renter 20.0%
Affordability Index Affordable
3.8x home value to income ratio

People & Demographics

Diversity Index

0out of 100
Very Low Diversity

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

State average: 58 | National average: 61

Education

Farmington Rankings in North Carolina

#620 Population of 772
#445 Median Income of 716
#746 Education of 772
#374 Home Value of 725

Other Cities in Davie County

CityPopulationMedian IncomePovertyHome Value
Mocksville 6,068 $55,367 19.2% $240,700
Bermuda Run 3,211 $69,301 4.6% $347,600
Advance 1,408 $115,391 5.0% $434,400
Cooleemee 988 $46,750 10.6% $144,600

Cities Similar to Farmington

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Fountain409N/A$134,70023.3%57.7%
Crouse408N/A$212,30010.6%0.0%
Evergreen421N/AN/A0.0%34.4%
Arapahoe397N/A$163,50011.5%18.5%
Ruffin423N/AN/A3.5%6.8%

A note before these figures: with a population of 409, 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 North Carolina, within Davie County. The total population is 409. It ranks as the 620th most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Farmington is 35.6 years. This is 9% lower than the state median of 39.1 years. 18.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Farmington is $53,462. This is 26% lower than the state median of $72,388. It is also 34% lower than the national median of $80,734. The poverty rate stands at 12.7%. This is 2% lower than the state poverty rate of 13.0%. The unemployment rate is 15.9%. This is 236% higher than the state rate of 4.7%. The median home value is $205,700. Housing costs are 29% lower than the state median of $288,900. The home-value-to-income ratio is 3.8x. 80.0% of occupied housing units are owner-occupied. This homeownership rate is 20% higher than the state average of 66.6%.

Race & Ethnicity

Every resident counted in Farmington was recorded as White (non-Hispanic). A figure of exactly 100.0% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.

Education

0.0% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 75.7%.

Data Sources & Methodology

All demographic data for Farmington, North Carolina 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 North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. 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 North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Farmington, North Carolina?

Farmington, North Carolina has a population of 409 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Farmington, NC?

The median household income in Farmington is $53,462, which is 34% lower than the national median of $80,734.

What is the poverty rate in Farmington, NC?

The poverty rate in Farmington is 12.7%. This means approximately 52 residents live below the federal poverty line.

What is the racial makeup of Farmington, North Carolina?

Farmington's population is 100.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Farmington, NC?

The median home value in Farmington is $205,700. The home-value-to-income ratio is 3.8x.

How educated is Farmington, North Carolina?

0.0% of adults (25+) in Farmington hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.