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.
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%
Poverty
2.9%
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%
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