Arkansas · Census place 23170
Farmington city, AR
Quick answer
Farmington city has 8,469 residents, ranking #45 of 625 places in Arkansas. Median household income is $88,541, the median home is worth $249,900 and median gross rent runs $1,223 a month.
- Population
- 8,469Farmington city residents
- Median household income
- $88,541Past 12 months, inflation adjusted
- Median home value
- $249,900Owner-occupied units
- Median gross rent
- $1,223Rent plus utilities, monthly
- Median age
- 32.9 yrsAll residents
- Homeownership rate
- 73.7%Owner-occupied households
What the numbers mean in Farmington city
Housing cost measured against local earnings.
A household earning the Farmington city median would spend about 16.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3% of residents and 73.7% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Arkansas.
- Helena-West Helena city 9,218
- Hope city 8,787
- Beebe city 8,580
- Monticello city 8,320
- Wynne city 8,220
- Stuttgart city 8,060
- Newport city 8,019
Keep going
More Arkansas coverage.