Mississippi · Census place 24420
Farmington town, MS
Quick answer
Farmington town has 2,044 residents, ranking #126 of 427 places in Mississippi. Median household income is $50,294, the median home is worth $132,300 and median gross rent runs $879 a month.
- Population
- 2,044Farmington town residents
- Median household income
- $50,294Past 12 months, inflation adjusted
- Median home value
- $132,300Owner-occupied units
- Median gross rent
- $879Rent plus utilities, monthly
- Median age
- 35.3 yrsAll residents
- Homeownership rate
- 70%Owner-occupied households
What the numbers mean in Farmington town
Housing cost measured against local earnings.
A household earning the Farmington town median would spend about 21% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 19.8% of residents and 70% 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 Mississippi.
- Cleary CDP 2,060
- Mooreville CDP 2,052
- Tutwiler town 2,049
- Lyman CDP 2,041
- Eupora city 2,036
- Marion town 2,033
- Decatur town 2,025
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More Mississippi coverage.