Pros and Cons of Living In Farmington, Maine. Is Farmington, ME a Nice Place To Live or Retire?

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Farmington, Maine

Moving to Farmington In Maine ? Is Farmington, ME a Nice Place To Live? Pros and Cons of Living in Farmington, Maine. Find out the best and worst about to live, raise a family or retire in Farmington.

Farmington is a town in and the county seat of Franklin County, Maine, United States. As of the 2020 census, its population was 7,592. Farmington is home to the University of Maine at Farmington, Nordica Memorial Auditorium, the Nordica Homestead, and the annual Farmington Fair.

DEMOGRAPHICS

Population
4143
Unemployment
7.1%
51% NAT AVG.
Poverty
25.3%
81% NAT AVG.

ECONOMICS

Median Home Cost
$173200
25% NAT AVG.
Median Income
$40430
40% NAT AVG.
Median Rent
$630
46% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
108
41% NAT. AVG.
10% STATE AVG.
Violent Crime
9
70% NAT. AVG.
7% STATE AVG.
Property Crime
99
35% NAT. AVG.
10% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 14
People Earning < $10,000
1 in 9
People Earning < $50,000
60.2%
People With Any Degree
1 in 2.2

ETHNICITY

Ethnicity Farmington USA
White 91.5% 60.1%
African American 0.9% 12.2%
American Indian 0.1% 0.6%
Asian 0.3% 5.6%
Hawaiian 1.2% 0.2%
Multiracial 4.1% 2.8%
Hispanic 2% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Farmington USA
Less than $10,000 10.9% 5.8%
$10,000 to $14,999 7.7% 4.1%
$15,000 to $24,999 12% 8.5%
$25,000 to $34,999 9% 8.6%
$35,000 to $49,999 20.6% 12.0%
$50,000 to $74,999 15.9% 17.2%
$75,000 to $99,999 9.3% 12.8%
$100,000 to $149,999 6.5% 15.6%
$150,000 to $199,999 3.2% 7.1%

EDUCATION

Education Farmington USA
< 9th Grade 1% 5.0%
9-12th Grade 4% 7.0%
High School or GED 29% 27.0%
Other College 20% 20.0%
Associate's Degree 4% 9%
Bachelor's Degree 24% 20.0%
Master's Degree 12% 9.0%
Professional Degree 5% 2.0%
Doctorate Degree 1% 1.0%
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. 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.

Cost of living in Farmington is 0, which is 100% lower than national average. In Farmington, only 42% of adults have a bachelor's degree and 24% have some college but no degree. 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.
Farmington Scorecard

Jobs50%

Housing60%

Affordability60%

Safety80%

Amenities70%

Diversity50%

Education85%

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