The median household income in Farmington, IA in 2022 was $54,850, which was 26.9% less than the median annual income of $69,588 across the entire state of Iowa. Compared to the median income of $26,354 in 2000 this represents an increase of 52.0%. The per capita income in 2022 was $29,293, which means an increase of 53.6% compared to 2000 when it was $13,591.
Whole page based on the data from 2000 / 2022 when the population of Farmington, Iowa was 756 / 508
Income statistics for all residents
Median household income in Farmington, IA in 2022:
Farmington:
$54,850
State:
$69,588
Change in median household income between 2000 and 2022:
Farmington, Iowa:
+108.1%
State:
+76.3%
Number of households with income < $10k:
Farmington:
3.2% (8)
Iowa:
4.3% (57,792)
Number of households with income $10k - 20k:
Farmington:
15.1% (38)
Iowa:
7.1% (94,476)
Number of households with income $20k - 30k:
Farmington:
8.3% (21)
State:
7.5% (99,451)
Number of households with income $30k - 40k:
Farmington:
11.5% (29)
State:
7.9% (105,366)
Number of households with income $40k - 50k:
Farmington:
6.3% (16)
State:
8.3% (110,374)
Number of households with income $50k - 60k:
Farmington:
14.3% (36)
State:
8.0% (106,753)
Number of households with income $60k - 75k:
Farmington:
16.3% (41)
State:
10.3% (137,637)
Number of households with income $75k - 100k:
Farmington:
14.7% (37)
Iowa:
14.2% (188,515)
Number of households with income $100k - 125k:
Farmington:
5.2% (13)
State:
10.3% (136,469)
Number of households with income $125k - 150k:
Farmington:
2.8% (7)
State:
7.1% (94,270)
Number of households with income $150k - 200k:
Farmington:
1.2% (3)
State:
7.8% (103,165)
Number of households with income > $200k:
Farmington:
1.2% (3)
State:
7.3% (96,727)
Aggregate household income in Farmington in 2022: $15,003,473
Median family income in Farmington in 2022:
Farmington:
$67,865
State:
$90,851
Number of families with income < $10k:
Farmington:
4.8% (5)
Iowa:
2.5% (20,874)
Number of families with income $10k - 20k:
Farmington:
5.3% (6)
Iowa:
3.2% (26,365)
Number of families with income $20k - 30k:
Farmington:
1.7% (2)
Iowa:
4.3% (35,635)
Number of families with income $30k - 40k:
Farmington:
9.6% (11)
Iowa:
5.4% (44,304)
Number of families with income $40k - 50k:
Farmington:
5.6% (6)
State:
6.8% (55,757)
Number of families with income $50k - 60k:
Farmington:
8.0% (9)
Iowa:
6.7% (55,443)
Number of families with income $60k - 75k:
Farmington:
24.4% (28)
State:
10.2% (83,983)
Number of families with income $75k - 100k:
Farmington:
23.7% (27)
Iowa:
16.5% (135,546)
Number of families with income $100k - 125k:
Farmington:
10.4% (12)
State:
13.2% (108,552)
Number of families with income $125k - 150k:
Farmington:
4.5% (5)
State:
9.7% (79,659)
Number of families with income > $200k:
Farmington:
1.9% (2)
Iowa:
10.4% (85,202)
Median non-family income in Farmington in 2022:
Farmington:
$38,998
State:
$41,504
Median per capita income in Farmington in 2022:
Farmington:
$29,294
Iowa:
$38,917
Change in median per capita income between 2000 and 2022:
Farmington, Iowa:
+115.5%
Iowa:
+97.8%
Income statistics for White residents
Median household income in Farmington, IA in 2022:
Farmington:
$56,374
State:
$71,725
Change in median household income between 2000 and 2022:
Farmington, Iowa:
+115.6%
Iowa:
+79.7%
Number of households with income < $10k:
Farmington:
3.4% (8)
State:
4.0% (47,459)
Number of households with income $10k - 20k:
Farmington:
13.7% (32)
State:
6.7% (78,901)
Number of households with income $20k - 30k:
Farmington:
9.0% (21)
State:
7.1% (83,759)
Number of households with income $30k - 40k:
Farmington:
12.0% (28)
State:
7.7% (90,779)
Number of households with income $40k - 50k:
Farmington:
6.4% (15)
Iowa:
8.0% (93,777)
Number of households with income $50k - 60k:
Farmington:
13.3% (31)
Iowa:
8.0% (94,176)
Number of households with income $60k - 75k:
Farmington:
15.9% (37)
State:
10.5% (123,053)
Number of households with income $75k - 100k:
Farmington:
15.5% (36)
State:
14.4% (168,483)
Number of households with income $100k - 125k:
Farmington:
5.6% (13)
Iowa:
10.6% (124,515)
Number of households with income $125k - 150k:
Farmington:
2.6% (6)
Iowa:
7.4% (87,043)
Number of households with income $150k - 200k:
Farmington:
1.3% (3)
State:
7.8% (91,953)
Number of households with income > $200k:
Farmington:
1.3% (3)
State:
7.6% (88,587)
Aggregate household income in Farmington in 2022: $14,013,327
Median family income in Farmington in 2022:
Farmington:
$65,789
State:
$93,591
Number of families with income < $10k:
Farmington:
4.8% (5)
State:
2.1% (15,266)
Number of families with income $10k - 20k:
Farmington:
5.2% (6)
Iowa:
2.7% (19,465)
Number of families with income $20k - 30k:
Farmington:
1.7% (2)
State:
4.0% (28,678)
Number of families with income $30k - 40k:
Farmington:
10.0% (11)
State:
5.0% (36,249)
Number of families with income $40k - 50k:
Farmington:
5.6% (6)
Iowa:
6.3% (45,169)
Number of families with income $50k - 60k:
Farmington:
8.5% (9)
State:
6.7% (48,577)
Number of families with income $60k - 75k:
Farmington:
22.9% (24)
State:
10.4% (75,030)
Number of families with income $75k - 100k:
Farmington:
24.5% (26)
Iowa:
16.7% (120,450)
Number of families with income $100k - 125k:
Farmington:
11.1% (12)
State:
13.8% (99,746)
Number of families with income $125k - 150k:
Farmington:
3.8% (4)
State:
10.2% (73,833)
Number of families with income > $200k:
Farmington:
1.9% (2)
State:
10.8% (77,838)
Median non-family income in Farmington in 2022:
Farmington:
$39,033
State:
$41,981
Median per capita income in Farmington in 2022:
Farmington:
$29,813
State:
$41,266
Change in median per capita income between 2000 and 2022:
Farmington, Iowa:
+119.5%
Iowa:
+105.0%
Income statistics for Multirace residents
Number of households with income < $10k:
Farmington:
0.0% (0)
State:
4.6% (2,786)
Number of households with income $10k - 20k:
Farmington:
52.4% (11)
State:
10.1% (6,104)
Number of households with income $20k - 30k:
Farmington:
0.0% (0)
State:
6.9% (4,195)
Number of households with income $30k - 40k:
Farmington:
0.0% (0)
State:
8.7% (5,248)
Number of households with income $40k - 50k:
Farmington:
0.0% (0)
Iowa:
8.6% (5,226)
Number of households with income $50k - 60k:
Farmington:
42.9% (9)
State:
9.9% (5,986)
Number of households with income $60k - 75k:
Farmington:
0.0% (0)
State:
11.4% (6,890)
Number of households with income $75k - 100k:
Farmington:
0.0% (0)
Iowa:
15.2% (9,183)
Number of households with income $100k - 125k:
Farmington:
0.0% (0)
State:
6.7% (4,072)
Number of households with income $125k - 150k:
Farmington:
4.8% (1)
Iowa:
4.8% (2,917)
Number of households with income $150k - 200k:
Farmington:
0.0% (0)
State:
9.0% (5,446)
Number of households with income > $200k:
Farmington:
0.0% (0)
State:
4.0% (2,392)
Aggregate household income in Farmington in 2022: $748,046
Median per capita income in Farmington in 2022:
Farmington:
$44,642
Iowa:
$24,977
Change in median per capita income between 2000 and 2022:
Farmington, Iowa:
+56.9%
Iowa:
+175.6%
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