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.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Crime
This area exhibits elevated crime rates per 100,000 residents, which may suggest it's a potentially unsafe place to reside. These rates encompass both property and violent crimes.
Schools
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Farmington is a mid-sized city located in the state of New Mexico. The city has a population of 46,071 residents. 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.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Farmington, New Mexico could be a fulfilling experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Farmington, AreaVibes has created a livability score using key metrics like amenities, cost of living, commute, health & safety, employment and more.
Farmington, NM receives 63/100 for its livability score; this results in a ranking of #70 in New Mexico and #13,958 in the USA. There are nine total categories that generate the livability score. Farmington ranks well for cost of living (A) and housing (A+) There are some categories that Farmington ranks poorly for, including: crime (F) and education (D-). It might be worth taking a closer look to figure out why.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Farmington excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Farmington meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Farmington. Everything else becomes a lot less important if it turns out that home prices in Farmington are simply unattainable. Median real estate prices in Farmington come in at $338,598, which is 19.4% higher than the New Mexico average. The home price to income ratio compares the median home prices to the median household income. In Farmington, the home price to income ratio is 4, which is 4.8% lower than the New Mexico average.
| Statistic | Farmington | New Mexico | National |
| Average one way commute | 19min | 22min | 26min |
| Workers who drive to work | 83.2% | 79.8% | 76.4% |
| Workers who carpool | 10.4% | 10.1% | 9.3% |
| Workers who take public transit | 0.1% | 1.2% | 5.1% |
| Workers who bicycle | 0.1% | 0.7% | 0.6% |
| Workers who walk | 2.3% | 2.2% | 2.8% |
| Working from home | 3.1% | 4.7% | 4.6% |
Here are the best places to live in New Mexico
Check out the 10 most dangerous cities in New Mexico
These are the largest cities in New Mexico
Safest Cities In The US