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West Virginia · Census place 26932

Farmington town, WV

Quick answer

Farmington town has 431 residents, ranking #250 of 439 places in West Virginia. Median household income is $76,094, the median home is worth $68,500 and median gross rent runs $667 a month.

Population
431Farmington town residents
Median household income
$76,094Past 12 months, inflation adjusted
Median home value
$68,500Owner-occupied units
Median gross rent
$667Rent plus utilities, monthly
Median age
44.1 yrsAll residents
Homeownership rate
81.6%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 10.5% 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 0.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.8% of residents and 81.6% 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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