Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Ratings
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Health & Safety
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
Farmington, Missouri is a medium-sized city with a population of 19,279 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (89% White). Given that fact, Farmington could be considered less diverse than other cities. Not a fan of sitting in traffic during your commute to work? Farmington offers shorter work commutes, with an average one-way commute time taking only 19 minutes, far lower than the national average of 26 minutes.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a good experience if you are willing to get to know the city before actually living in Farmington, Missouri. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like amenities, cost of living, health & safety, you can easily compare the best places to live in Farmington and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Farmington to Missouri and the national average.
The livability score in Farmington is 67 out of 100 and the city is ranked in the 65th percentile of all cities across America. If we explore each of the categories individually, we see that Farmington ranks well for cost of living (A+) and housing (A+). Farmington does not do well for the following: amenities (F) and crime (D). It might be a smart idea to take a closer look at each category to find out why.
The unemployment rate in Farmington has consistently declined over the years and currently stands well below the national average at 2.5%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Farmington has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Farmington is real estate affordability. The median home price for Farmington homes is $247,697, which is 0.7% lower than the Missouri average. If we take a closer look at the affordability of homes in Farmington, we’ll see that the home price to income ratio is 3.8, which is 11.8% higher than the Missouri average.
| Statistic | Farmington | Missouri | National |
| Average one way commute | 19min | 23min | 26min |
| Workers who drive to work | 81.2% | 81.6% | 76.4% |
| Workers who carpool | 11.6% | 9.1% | 9.3% |
| Workers who take public transit | 0.9% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 1.5% | 1.9% | 2.8% |
| Working from home | 4.6% | 4.6% | 4.6% |
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