Is Farmington, Arkansas a Good Place To Live? - Living In Farmington, AR

Is Farmington, Arkansas a good place to live?
Farmington is a city in Arkansas state in USA with a population of 7166 residents.. The poverty rate of Farmington is 2.9%, which is 79% lower than national average. The typical household in Farmington earns $64325 a year, compared to the national median of $67,500. Nearly 32.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Farmington, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Farmington remained 0.9%, which is 81% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Farmington, only 38% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Farmington is 90, which is 10% lower than national average. Median home value in Farmington is $195900 , which is 15% lower than national average. While median income in Farmington remained $64325, which is 5% lower than national average.
Population
7166
Unemployment
0.9%
81% NAT AVG.
Poverty
2.9%
79% NAT AVG.
Overall Score
6
Median Home Cost
$195900
15% NAT AVG.
Median Income
$64325
5% NAT AVG.
Median Rent
$972
16% NAT AVG.
Cost Of Living
90
10% NAT AVG.
People Living BPL
1 in 34
Unemployed People
1 in 111
People Earning < $10,000
1 in 56
People Earning < $50,000
32.7%
People with <= High School
1 in 2.9
People With Any Degree
1 in 2.2
Pros & Cons Overview

Jobs85%

Housing80%

Affordability80%

Safety80%

Amenities70%

Diversity40%

Education85%

Commute80%