The median household income in Farmington, MN in 2022 was $110,368, which was 25.4% greater than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $61,864 in 2000 this represents an increase of 43.9%. The per capita income in 2022 was $43,854, which means an increase of 49.2% compared to 2000 when it was $22,281.
Whole page based on the data from 2000 / 2022 when the population of Farmington, Minnesota was 12,365 / 23,710
Income statistics for all residents
Median household income in Farmington, MN in 2022:
Farmington:
$110,369
State:
$82,338
Change in median household income between 2000 and 2022:
Farmington, Minnesota:
+78.4%
Minnesota:
+74.8%
Number of households with income < $10k:
Farmington:
1.5% (126)
Minnesota:
4.3% (100,518)
Number of households with income $10k - 20k:
Farmington:
1.9% (156)
Minnesota:
5.6% (130,945)
Number of households with income $20k - 30k:
Farmington:
4.5% (373)
State:
6.1% (140,637)
Number of households with income $30k - 40k:
Farmington:
3.7% (310)
Minnesota:
6.5% (151,862)
Number of households with income $40k - 50k:
Farmington:
5.1% (424)
State:
6.7% (154,930)
Number of households with income $50k - 60k:
Farmington:
5.9% (488)
State:
6.9% (159,181)
Number of households with income $60k - 75k:
Farmington:
7.4% (613)
State:
9.4% (218,220)
Number of households with income $75k - 100k:
Farmington:
13.8% (1,139)
State:
13.8% (319,951)
Number of households with income $100k - 125k:
Farmington:
12.1% (1,003)
Minnesota:
10.8% (251,243)
Number of households with income $125k - 150k:
Farmington:
13.6% (1,126)
State:
8.2% (190,349)
Number of households with income $150k - 200k:
Farmington:
17.0% (1,409)
State:
10.2% (236,018)
Number of households with income > $200k:
Farmington:
13.4% (1,110)
Minnesota:
11.6% (268,336)
Aggregate household income in Farmington in 2022: $1,024,033,605
Median family income in Farmington in 2022:
Farmington:
$130,712
State:
$105,324
Number of families with income < $10k:
Farmington:
0.6% (38)
Minnesota:
2.2% (31,728)
Number of families with income $10k - 20k:
Farmington:
0.7% (44)
State:
2.5% (36,635)
Number of families with income $20k - 30k:
Farmington:
2.0% (124)
Minnesota:
3.5% (50,742)
Number of families with income $30k - 40k:
Farmington:
2.9% (176)
Minnesota:
4.4% (64,281)
Number of families with income $40k - 50k:
Farmington:
2.8% (173)
State:
5.2% (76,436)
Number of families with income $50k - 60k:
Farmington:
4.1% (249)
Minnesota:
5.7% (83,050)
Number of families with income $60k - 75k:
Farmington:
7.6% (469)
State:
8.8% (127,783)
Number of families with income $75k - 100k:
Farmington:
12.7% (778)
State:
14.7% (214,426)
Number of families with income $100k - 125k:
Farmington:
12.9% (791)
State:
13.1% (190,094)
Number of families with income $125k - 150k:
Farmington:
14.9% (916)
Minnesota:
10.3% (149,830)
Number of families with income $150k - 200k:
Farmington:
21.6% (1,324)
State:
13.6% (197,479)
Number of families with income > $200k:
Farmington:
17.3% (1,061)
State:
16.1% (233,828)
Median non-family income in Farmington in 2022:
Farmington:
$55,705
State:
$48,461
Change in median non-family income between 2000 and 2022:
Farmington, Minnesota:
+52.7%
Minnesota:
+73.6%
Median per capita income in Farmington in 2022:
Farmington:
$43,854
Minnesota:
$45,021
Change in median per capita income between 2000 and 2022:
Farmington, Minnesota:
+96.8%
State:
+94.1%
Income statistics for White residents
Median household income in Farmington, MN in 2022:
Farmington:
$109,972
State:
$85,697
Change in median household income between 2000 and 2022:
Farmington, Minnesota:
+77.5%
State:
+77.5%
Number of households with income < $10k:
Farmington:
1.5% (112)
State:
3.9% (74,145)
Number of households with income $10k - 20k:
Farmington:
2.1% (155)
Minnesota:
5.1% (97,289)
Number of households with income $20k - 30k:
Farmington:
5.0% (363)
Minnesota:
5.8% (111,536)
Number of households with income $30k - 40k:
Farmington:
2.9% (207)
State:
6.2% (118,402)
Number of households with income $40k - 50k:
Farmington:
5.0% (364)
State:
6.6% (126,331)
Number of households with income $50k - 60k:
Farmington:
6.4% (464)
Minnesota:
6.8% (129,961)
Number of households with income $60k - 75k:
Farmington:
8.2% (597)
Minnesota:
9.4% (181,337)
Number of households with income $75k - 100k:
Farmington:
12.5% (904)
State:
13.8% (265,776)
Number of households with income $100k - 125k:
Farmington:
13.1% (951)
State:
11.2% (214,803)
Number of households with income $125k - 150k:
Farmington:
12.3% (895)
State:
8.6% (164,715)
Number of households with income $150k - 200k:
Farmington:
16.5% (1,195)
Minnesota:
10.6% (203,283)
Number of households with income > $200k:
Farmington:
14.4% (1,045)
State:
12.2% (233,694)
Aggregate household income in Farmington in 2022: $903,179,855
Median family income in Farmington in 2022:
Farmington:
$134,429
State:
$110,049
Number of families with income < $10k:
Farmington:
0.5% (27)
State:
1.5% (17,407)
Number of families with income $10k - 20k:
Farmington:
1.0% (50)
Minnesota:
1.9% (22,955)
Number of families with income $20k - 30k:
Farmington:
2.3% (122)
Minnesota:
2.9% (34,913)
Number of families with income $30k - 40k:
Farmington:
1.9% (99)
State:
3.7% (44,598)
Number of families with income $40k - 50k:
Farmington:
2.8% (150)
Minnesota:
4.9% (58,683)
Number of families with income $50k - 60k:
Farmington:
4.2% (222)
State:
5.4% (64,644)
Number of families with income $60k - 75k:
Farmington:
8.1% (429)
Minnesota:
8.9% (105,839)
Number of families with income $75k - 100k:
Farmington:
11.6% (616)
State:
14.8% (177,106)
Number of families with income $100k - 125k:
Farmington:
13.4% (710)
State:
13.6% (162,292)
Number of families with income $125k - 150k:
Farmington:
13.2% (700)
Minnesota:
10.9% (130,417)
Number of families with income $150k - 200k:
Farmington:
21.6% (1,142)
State:
14.3% (171,257)
Number of families with income > $200k:
Farmington:
19.3% (1,021)
Minnesota:
17.1% (204,721)
Median non-family income in Farmington in 2022:
Farmington:
$55,642
State:
$49,920
Change in median non-family income between 2000 and 2022:
Farmington, Minnesota:
+50.1%
State:
+76.0%
Median per capita income in Farmington in 2022:
Farmington:
$46,275
Minnesota:
$49,507
Change in median per capita income between 2000 and 2022:
Farmington, Minnesota:
+107.8%
Minnesota:
+103.3%
Income statistics for Black or African American residents
Median household income in Farmington, MN in 2022:
Farmington:
$144,890
State:
$51,320
Change in median household income between 2000 and 2022:
Farmington, Minnesota:
+116.9%
State:
+77.4%
Number of households with income < $10k:
Farmington:
0.0% (0)
Minnesota:
9.8% (13,122)
Number of households with income $10k - 20k:
Farmington:
2.0% (7)
Minnesota:
12.0% (16,076)
Number of households with income $20k - 30k:
Farmington:
0.0% (0)
State:
8.9% (11,986)
Number of households with income $30k - 40k:
Farmington:
16.2% (57)
State:
9.8% (13,064)
Number of households with income $40k - 50k:
Farmington:
0.0% (0)
State:
7.8% (10,426)
Number of households with income $50k - 60k:
Farmington:
0.0% (0)
State:
8.4% (11,191)
Number of households with income $60k - 75k:
Farmington:
0.0% (0)
State:
9.5% (12,717)
Number of households with income $75k - 100k:
Farmington:
20.2% (71)
State:
11.0% (14,800)
Number of households with income $100k - 125k:
Farmington:
0.0% (0)
State:
7.5% (10,088)
Number of households with income $125k - 150k:
Farmington:
47.7% (168)
State:
4.7% (6,321)
Number of households with income $150k - 200k:
Farmington:
11.4% (40)
Minnesota:
6.1% (8,240)
Number of households with income > $200k:
Farmington:
2.6% (9)
State:
4.4% (5,958)
Aggregate household income in Farmington in 2022: $34,592,852
Median family income in Farmington in 2022:
Farmington:
$122,883
State:
$61,475
Number of families with income $30k - 40k:
Farmington:
14.5% (39)
State:
9.4% (7,539)
Number of families with income $60k - 75k:
Farmington:
8.2% (22)
State:
9.4% (7,570)
Number of families with income $75k - 100k:
Farmington:
15.5% (41)
State:
12.0% (9,645)
Number of families with income $100k - 125k:
Farmington:
5.8% (16)
State:
10.6% (8,487)
Number of families with income $125k - 150k:
Farmington:
53.6% (143)
Minnesota:
6.3% (5,073)
Number of families with income > $200k:
Farmington:
2.5% (7)
Minnesota:
6.0% (4,815)
Median non-family income in Farmington in 2022:
Farmington:
$116,454
State:
$34,487
Median per capita income in Farmington in 2022:
Farmington:
$34,404
State:
$25,146
Change in median per capita income between 2000 and 2022:: -7.6%
Farmington, Minnesota:
-7.6%
State:
+83.0%
Income statistics for Asian residents
Median household income in Farmington, MN in 2022:
Farmington:
$113,336
Minnesota:
$93,773
Number of households with income < $10k:
Farmington:
0.0% (0)
State:
4.2% (3,886)
Number of households with income $10k - 20k:
Farmington:
0.0% (0)
Minnesota:
4.1% (3,821)
Number of households with income $20k - 30k:
Farmington:
0.0% (0)
Minnesota:
3.8% (3,485)
Number of households with income $30k - 40k:
Farmington:
0.0% (0)
State:
5.0% (4,620)
Number of households with income $40k - 50k:
Farmington:
17.4% (30)
State:
6.0% (5,609)
Number of households with income $50k - 60k:
Farmington:
3.5% (6)
State:
5.4% (4,977)
Number of households with income $60k - 75k:
Farmington:
8.7% (15)
State:
9.3% (8,666)
Number of households with income $75k - 100k:
Farmington:
5.8% (10)
Minnesota:
15.6% (14,466)
Number of households with income $100k - 125k:
Farmington:
9.3% (16)
Minnesota:
10.7% (9,893)
Number of households with income $125k - 150k:
Farmington:
7.0% (12)
Minnesota:
9.3% (8,600)
Number of households with income $150k - 200k:
Farmington:
48.3% (83)
State:
12.6% (11,662)
Number of households with income > $200k:
Farmington:
0.0% (0)
State:
14.2% (13,207)
Aggregate household income in Farmington in 2022: $18,067,927
Median family income in Farmington in 2022:
Farmington:
$130,954
State:
$105,412
Number of families with income $40k - 50k:
Farmington:
13.0% (22)
State:
4.8% (3,312)
Number of families with income $50k - 60k:
Farmington:
3.6% (6)
State:
5.0% (3,388)
Number of families with income $60k - 75k:
Farmington:
9.0% (15)
Minnesota:
8.6% (5,887)
Number of families with income $75k - 100k:
Farmington:
6.9% (12)
State:
13.9% (9,500)
Number of families with income $100k - 125k:
Farmington:
9.8% (16)
Minnesota:
11.4% (7,777)
Number of families with income $125k - 150k:
Farmington:
7.8% (13)
Minnesota:
9.8% (6,734)
Number of families with income $150k - 200k:
Farmington:
49.9% (83)
Minnesota:
14.4% (9,877)
Median per capita income in Farmington in 2022:
Farmington:
$33,759
Minnesota:
$39,496
Income statistics for Hispanic or Latino residents
Median household income in Farmington, MN in 2022:
Farmington:
$121,544
State:
$63,399
Number of households with income < $10k:
Farmington:
11.6% (37)
State:
4.0% (3,834)
Number of households with income $10k - 20k:
Farmington:
0.0% (0)
Minnesota:
6.1% (5,874)
Number of households with income $20k - 30k:
Farmington:
0.0% (0)
Minnesota:
9.9% (9,526)
Number of households with income $30k - 40k:
Farmington:
3.5% (11)
State:
10.1% (9,710)
Number of households with income $40k - 50k:
Farmington:
0.0% (0)
State:
8.0% (7,724)
Number of households with income $50k - 60k:
Farmington:
0.0% (0)
State:
9.6% (9,248)
Number of households with income $60k - 75k:
Farmington:
0.0% (0)
State:
10.8% (10,444)
Number of households with income $75k - 100k:
Farmington:
28.3% (90)
State:
15.0% (14,464)
Number of households with income $100k - 125k:
Farmington:
17.9% (57)
State:
7.6% (7,348)
Number of households with income $125k - 150k:
Farmington:
9.7% (31)
Minnesota:
5.1% (4,890)
Number of households with income $150k - 200k:
Farmington:
27.0% (86)
State:
6.5% (6,257)
Number of households with income > $200k:
Farmington:
1.9% (6)
State:
7.3% (7,057)
Aggregate household income in Farmington in 2022: $39,054,873
Median family income in Farmington in 2022:
Farmington:
$148,810
State:
$67,562
Number of families with income $75k - 100k:
Farmington:
25.6% (59)
Minnesota:
16.7% (11,230)
Number of families with income $100k - 125k:
Farmington:
18.4% (42)
State:
7.4% (4,975)
Number of families with income $125k - 150k:
Farmington:
11.6% (27)
Minnesota:
5.3% (3,580)
Number of families with income $150k - 200k:
Farmington:
44.4% (102)
State:
8.6% (5,795)
Median per capita income in Farmington in 2022:
Farmington:
$34,411
Minnesota:
$27,748
Change in median per capita income between 2000 and 2022:
Farmington, Minnesota:
+120.3%
State:
+127.2%
Income statistics for American Indian and Alaska Native residents
Number of households with income < $10k:
Farmington:
0.0% (0)
State:
9.0% (1,578)
Number of households with income $10k - 20k:
Farmington:
0.0% (0)
Minnesota:
16.6% (2,922)
Number of households with income $20k - 30k:
Farmington:
37.5% (6)
State:
10.4% (1,837)
Number of households with income $30k - 40k:
Farmington:
0.0% (0)
State:
9.7% (1,699)
Number of households with income $40k - 50k:
Farmington:
0.0% (0)
Minnesota:
8.8% (1,557)
Number of households with income $50k - 60k:
Farmington:
0.0% (0)
State:
5.9% (1,033)
Number of households with income $60k - 75k:
Farmington:
0.0% (0)
Minnesota:
7.3% (1,284)
Number of households with income $75k - 100k:
Farmington:
0.0% (0)
State:
12.3% (2,163)
Number of households with income $100k - 125k:
Farmington:
0.0% (0)
Minnesota:
8.9% (1,571)
Number of households with income $125k - 150k:
Farmington:
0.0% (0)
State:
4.5% (796)
Number of households with income $150k - 200k:
Farmington:
62.5% (10)
State:
3.0% (526)
Number of households with income > $200k:
Farmington:
0.0% (0)
Minnesota:
3.6% (632)
Median per capita income in Farmington in 2022:
Farmington:
$23,192
State:
$24,180
Income statistics for Multirace residents
Median household income in Farmington, MN in 2022:
Farmington:
$97,710
State:
$74,586
Change in median household income between 2000 and 2022:
Farmington, Minnesota:
+72.0%
State:
+117.9%
Number of households with income < $10k:
Farmington:
0.0% (0)
Minnesota:
4.8% (5,071)
Number of households with income $10k - 20k:
Farmington:
0.0% (0)
Minnesota:
7.2% (7,697)
Number of households with income $20k - 30k:
Farmington:
0.0% (0)
State:
8.0% (8,495)
Number of households with income $30k - 40k:
Farmington:
9.1% (33)
State:
8.9% (9,445)
Number of households with income $40k - 50k:
Farmington:
18.6% (67)
State:
6.3% (6,680)
Number of households with income $50k - 60k:
Farmington:
9.7% (35)
State:
6.7% (7,171)
Number of households with income $60k - 75k:
Farmington:
0.0% (0)
Minnesota:
8.4% (8,916)
Number of households with income $75k - 100k:
Farmington:
25.2% (91)
State:
13.8% (14,719)
Number of households with income $100k - 125k:
Farmington:
4.2% (15)
State:
10.0% (10,590)
Number of households with income $125k - 150k:
Farmington:
10.8% (39)
State:
7.3% (7,720)
Number of households with income $150k - 200k:
Farmington:
11.9% (43)
State:
8.2% (8,751)
Number of households with income > $200k:
Farmington:
10.5% (38)
State:
10.5% (11,170)
Aggregate household income in Farmington in 2022: $36,644,498
Median family income in Farmington in 2022:
Farmington:
$111,650
Minnesota:
$91,504
Number of families with income $30k - 40k:
Farmington:
8.8% (23)
State:
7.5% (4,853)
Number of families with income $40k - 50k:
Farmington:
1.8% (5)
State:
5.9% (3,846)
Number of families with income $50k - 60k:
Farmington:
10.9% (29)
Minnesota:
6.0% (3,860)
Number of families with income $75k - 100k:
Farmington:
34.3% (90)
State:
15.0% (9,721)
Number of families with income $100k - 125k:
Farmington:
5.9% (16)
State:
11.5% (7,416)
Number of families with income $125k - 150k:
Farmington:
15.1% (40)
Minnesota:
8.4% (5,428)
Number of families with income $150k - 200k:
Farmington:
15.3% (40)
State:
11.1% (7,156)
Number of families with income > $200k:
Farmington:
8.0% (21)
State:
14.0% (9,072)
Median non-family income in Farmington in 2022:
Farmington:
$36,919
State:
$46,898
Change in median non-family income between 2000 and 2022:
Farmington, Minnesota:
+55.4%
State:
+90.3%
Median per capita income in Farmington in 2022:
Farmington:
$37,240
Minnesota:
$28,529
Change in median per capita income between 2000 and 2022:
Farmington, Minnesota:
+61.8%
State:
+155.0%
Income statistics for other residents
Median household income in Farmington, MN in 2022:
Farmington:
$153,857
Minnesota:
$65,473
Number of households with income < $10k:
Farmington:
0.0% (0)
State:
5.5% (2,716)
Number of households with income $10k - 20k:
Farmington:
0.0% (0)
State:
6.3% (3,106)
Number of households with income $20k - 30k:
Farmington:
0.0% (0)
State:
6.7% (3,298)
Number of households with income $30k - 40k:
Farmington:
7.9% (11)
Minnesota:
9.2% (4,529)
Number of households with income $40k - 50k:
Farmington:
0.0% (0)
State:
8.6% (4,198)
Number of households with income $50k - 60k:
Farmington:
0.0% (0)
State:
9.2% (4,519)
Number of households with income $60k - 75k:
Farmington:
0.0% (0)
Minnesota:
10.8% (5,300)
Number of households with income $75k - 100k:
Farmington:
29.5% (41)
State:
15.9% (7,771)
Number of households with income $100k - 125k:
Farmington:
26.6% (37)
State:
8.6% (4,216)
Number of households with income $125k - 150k:
Farmington:
36.0% (50)
Minnesota:
4.4% (2,178)
Number of households with income $150k - 200k:
Farmington:
0.0% (0)
Minnesota:
7.3% (3,556)
Number of households with income > $200k:
Farmington:
0.0% (0)
State:
7.3% (3,596)
Aggregate household income in Farmington in 2022: $20,095,988
Median family income in Farmington in 2022:
Farmington:
$173,280
State:
$74,121
Number of families with income $75k - 100k:
Farmington:
10.0% (9)
State:
19.3% (7,050)
Number of families with income $100k - 125k:
Farmington:
35.6% (33)
State:
8.8% (3,224)
Number of families with income $125k - 150k:
Farmington:
54.4% (51)
State:
4.7% (1,728)
Median per capita income in Farmington in 2022:
Farmington:
$24,719
Minnesota:
$28,385
Change in median per capita income between 2000 and 2022:
Farmington, Minnesota:
+62.8%
Minnesota:
+149.3%
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-7.6%
+83.0%
