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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

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