Pros and Cons of Living In Farmington, New Mexico. Is Farmington, NM a Nice Place To Live or Retire?

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Farmington, New Mexico

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

DEMOGRAPHICS

Population
44967
Unemployment
5.8%
23% NAT AVG.
Poverty
18.8%
34% NAT AVG.
Cost Of Living
92
8% NAT AVG.

ECONOMICS

Median Home Cost
$188500
18% NAT AVG.
Median Income
$56576
16% NAT AVG.
Median Rent
$892
23% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
2362
122% NAT. AVG.
44% STATE AVG.
Violent Crime
593
237% NAT. AVG.
68% STATE AVG.
Property Crime
1769
99% NAT. AVG.
37% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 17
People Earning < $10,000
1 in 15
People Earning < $50,000
44.9%
People With Any Degree
1 in 2.9

ETHNICITY

Ethnicity Farmington USA
White 42.8% 60.1%
African American 1.4% 12.2%
American Indian 25.7% 0.6%
Asian 0.9% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.9% 2.8%
Hispanic 25% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Farmington USA
Less than $10,000 6.5% 5.8%
$10,000 to $14,999 4.7% 4.1%
$15,000 to $24,999 9.5% 8.5%
$25,000 to $34,999 10.5% 8.6%
$35,000 to $49,999 13.7% 12.0%
$50,000 to $74,999 19.6% 17.2%
$75,000 to $99,999 12.1% 12.8%
$100,000 to $149,999 14% 15.6%
$150,000 to $199,999 6.3% 7.1%

EDUCATION

Education Farmington USA
< 9th Grade 4% 5.0%
9-12th Grade 8% 7.0%
High School or GED 25% 27.0%
Other College 29% 20.0%
Associate's Degree 14% 9%
Bachelor's Degree 11% 20.0%
Master's Degree 7% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Farmington is a city in New Mexico state in USA with a population of 44967 residents.. The poverty rate of Farmington is 18.8%, which is 34% higher than national average. The typical household in Farmington earns $56576 a year, compared to the national median of $67,500. Nearly 44.9% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Farmington remained 5.8%, which is 23% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Farmington is 92, which is 8% lower than national average. In Farmington, only 20% of adults have a bachelor's degree and 43% have some college but no degree. Median home value in Farmington is $188500 , which is 18% lower than national average. While median income in Farmington remained $56576, which is 16% lower than national average.
Farmington Scorecard

Jobs60%

Housing80%

Affordability70%

Safety30%

Amenities85%

Diversity100%

Education60%

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