Farmington, MN Employment - Median Household Income, Unemployment Rate

Get 300+ Local Insights for Any Address in Farmington, MN

Get Access to 300+ Local Data Points

A+

23%

Income/capita NAT. AVG.

76%

Household income NAT. AVG.

39%

Unemployment NAT. AVG.

Index	Farmington	Minnesota	National
Income per capita	$55,196	$49,588	$44,883
Median household income	$142,868	$92,370	$81,333
Median income owner occupied	$149,764	$117,544	$106,172
Median income renter occupied	$74,153	$52,026	$52,080
Median earnings male	$80,880	$60,747	$54,343
Median earnings female	$57,654	$42,223	$38,439
Unemployment rate	3.0%	3.6%	4.9%
Poverty level	2.9%	10.8%	15.1%

Explore the Local Economy Before Moving!

See economic data around your specific address
Understand nearby income and employment trends
Compare local economies side by side

GET REPORT →

Homes For Sale In Farmington, MN

21803 Denton Ave

Farmington, MN

5363 184th St W

Farmington, MN

17979 Genoa Dr

Lakeville, MN

18095 Echo Ter

Farmington, MN

See the Newest Homes For Sale In Farmington, MN

Key findings

The income per capita in Farmington is 23% higher than the national average
The median household income in Farmington is 76% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Farmington is 39% lower than the national average
The poverty level in Farmington is 81% lower than the national average

Compare Farmington, MN Employment

Best Places for Employment in and Around Farmington

See all the best places to live around Farmington

Write a review to give others more information about this area.

See all Farmington poll results

am i middle class

$95,235 $142,868 $285,736

City

$61,573 $92,370 $184,740

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

The best places in Minnesota

Here are the best places to live in Minnesota

Safest Cities In The US

Most Dangerous States In The US

See the best places to live in Farmington

Farmington median earnings by income bracket

Farmington employment by industry

Labour Type	Male	Female
Construction industry	10.2%	10.2%
Manufacturing sector	16.7%	16.7%
Financial & insurance services	7.0%	7.0%
Wholesale & retail services	16.8%	16.8%
Public administration	3.4%	3.4%
Transportation, warehousing & utilities	9.4%	9.4%
Education, health & social services	7.6%	7.6%
Other	27.5%	27.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Sunfish Lake, MN	540	$373,859	359.7%
Elko New Market, MN	4,901	$200,966	147.1%
Savage, MN	32,591	$172,594	112.2%
Eden Prairie, MN	65,950	$169,320	108.2%
Rosemount, MN	25,406	$167,328	105.7%
Farmington, MN	23,819	$142,868	75.7%

Cities with similar population

City	Population	Household Income	National Avg.
Rock Springs, WY	23,823	$111,170	36.7%
Oakdale, CA	23,805	$100,123	23.1%
Auburn, ME	23,804	$77,882	4.2%
Fort Hood, TX	23,849	$66,530	18.2%
Oxford, OH	23,787	$58,649	27.9%
Farmington, MN	23,819	$142,868	75.7%

Source: The Farmington, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.