Farmington is a city in Maine state in USA with a population of 4143 residents.. The poverty rate of Farmington is 25.3%, which is 81% higher than national average. The typical household in Farmington earns $40430 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 60.2% 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 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Farmington remained 7.1%, which is 51% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Farmington, only 42% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Farmington is 0, which is 100% lower than national average. Median home value in Farmington is $173200 , which is 25% lower than national average. While median income in Farmington remained $40430, which is 40% lower than national average.