The median household income in Farmington, KY in 2022 was $63,665, which was 6.8% greater than the median annual income of $59,341 across the entire state of Kentucky. Compared to the median income of $36,080 in 2000 this represents an increase of 43.3%. The per capita income in 2022 was $34,455, which means an increase of 47.0% compared to 2000 when it was $18,270.
Income statistics for all residents
Median household income in Farmington, KY in 2022:
Farmington:
$63,666
State:
$59,341
Change in median household income between 2000 and 2022:
Farmington, Kentucky:
+76.5%
State:
+76.2%
Number of households with income < $10k:
Farmington:
6.8% (65,973)
State:
6.8% (123,697)
Number of households with income $10k - 20k:
Farmington:
10.0% (97,995)
Kentucky:
10.0% (182,645)
Number of households with income $20k - 30k:
Farmington:
9.0% (87,679)
State:
9.0% (164,092)
Number of households with income $30k - 40k:
Farmington:
9.1% (88,764)
State:
9.1% (165,607)
Number of households with income $40k - 50k:
Farmington:
8.0% (77,732)
State:
8.0% (146,315)
Number of households with income $50k - 60k:
Farmington:
7.7% (75,341)
State:
7.7% (140,671)
Number of households with income $60k - 75k:
Farmington:
9.8% (95,763)
State:
9.8% (180,002)
Number of households with income $75k - 100k:
Farmington:
12.6% (123,085)
State:
12.6% (230,239)
Number of households with income $100k - 125k:
Farmington:
9.0% (87,891)
Kentucky:
9.0% (164,398)
Number of households with income $125k - 150k:
Farmington:
5.9% (57,801)
Kentucky:
5.9% (108,602)
Number of households with income $150k - 200k:
Farmington:
6.1% (59,881)
State:
6.2% (112,813)
Number of households with income > $200k:
Farmington:
5.9% (57,799)
State:
6.0% (109,599)
Aggregate household income in Farmington in 2022: $1,785,674,269
Median family income in Farmington in 2022:
Farmington:
$83,498
State:
$76,119
Median non-family income in Farmington in 2022:
Farmington:
$21,184
State:
$33,993
Change in median non-family income between 2000 and 2022:
Farmington, Kentucky:
+80.5%
State:
+79.2%
Median per capita income in Farmington in 2022:
Farmington:
$34,455
Kentucky:
$33,980
Change in median per capita income between 2000 and 2022:
Farmington, Kentucky:
+88.6%
State:
+87.8%
Income statistics for White residents
Median household income in Farmington, KY in 2022:
Farmington:
$64,838
State:
$60,987
Change in median household income between 2000 and 2022:
Farmington, Kentucky:
+76.6%
State:
+76.2%
Number of households with income < $10k:
Farmington:
6.2% (51,782)
State:
6.2% (96,690)
Number of households with income $10k - 20k:
Farmington:
9.8% (81,323)
State:
9.7% (151,125)
Number of households with income $20k - 30k:
Farmington:
9.0% (74,639)
Kentucky:
8.9% (139,532)
Number of households with income $30k - 40k:
Farmington:
9.1% (76,203)
Kentucky:
9.1% (142,284)
Number of households with income $40k - 50k:
Farmington:
7.7% (64,214)
Kentucky:
7.7% (121,151)
Number of households with income $50k - 60k:
Farmington:
7.7% (64,229)
Kentucky:
7.7% (119,790)
Number of households with income $60k - 75k:
Farmington:
9.8% (81,777)
State:
9.9% (154,174)
Number of households with income $75k - 100k:
Farmington:
12.8% (106,555)
Kentucky:
12.8% (199,740)
Number of households with income $100k - 125k:
Farmington:
9.4% (77,905)
State:
9.4% (146,284)
Number of households with income $125k - 150k:
Farmington:
6.0% (49,921)
Kentucky:
6.0% (94,180)
Number of households with income $150k - 200k:
Farmington:
6.4% (53,144)
State:
6.4% (100,702)
Number of households with income > $200k:
Farmington:
6.2% (51,433)
State:
6.3% (98,502)
Aggregate household income in Farmington in 2022: $1,549,450,794
Median family income in Farmington in 2022:
Farmington:
$85,776
Kentucky:
$78,353
Number of families with income < $10k:
Farmington:
1.7% (14)
State:
3.7% (37,075)
Number of families with income $10k - 20k:
Farmington:
4.8% (38)
State:
4.9% (49,864)
Number of families with income $20k - 30k:
Farmington:
6.4% (50)
State:
6.4% (64,043)
Number of families with income $30k - 40k:
Farmington:
9.1% (71)
Kentucky:
8.0% (81,080)
Number of families with income $40k - 50k:
Farmington:
8.6% (67)
State:
6.9% (69,099)
Number of families with income $50k - 60k:
Farmington:
12.4% (98)
Kentucky:
7.2% (72,955)
Number of families with income $60k - 75k:
Farmington:
10.9% (85)
Kentucky:
10.4% (104,587)
Number of families with income $75k - 100k:
Farmington:
16.3% (128)
Kentucky:
15.0% (151,545)
Number of families with income $100k - 125k:
Farmington:
14.9% (117)
State:
11.9% (120,340)
Number of families with income $125k - 150k:
Farmington:
3.0% (24)
Kentucky:
8.1% (81,620)
Number of families with income $150k - 200k:
Farmington:
6.2% (49)
Kentucky:
8.8% (89,097)
Number of families with income > $200k:
Farmington:
5.7% (45)
State:
8.6% (86,849)
Median non-family income in Farmington in 2022:
Farmington:
$21,086
Kentucky:
$34,415
Change in median non-family income between 2000 and 2022:
Farmington, Kentucky:
+79.7%
State:
+78.3%
Median per capita income in Farmington in 2022:
Farmington:
$35,562
State:
$35,352
Change in median per capita income between 2000 and 2022:
Farmington, Kentucky:
+90.9%
State:
+90.2%
Income statistics for Black or African American residents
Median household income in Farmington, KY in 2022:
Farmington:
$61,190
State:
$43,977
Change in median household income between 2000 and 2022:
Farmington, Kentucky:
+81.3%
Kentucky:
+81.1%
Number of households with income < $10k:
Farmington:
12.3% (11,885)
Kentucky:
12.3% (17,072)
Number of households with income $10k - 20k:
Farmington:
13.6% (13,080)
State:
13.6% (18,796)
Number of households with income $20k - 30k:
Farmington:
10.9% (10,492)
State:
10.9% (15,069)
Number of households with income $30k - 40k:
Farmington:
9.0% (8,703)
Kentucky:
9.0% (12,510)
Number of households with income $40k - 50k:
Farmington:
10.2% (9,810)
Kentucky:
10.2% (14,121)
Number of households with income $50k - 60k:
Farmington:
8.1% (7,751)
State:
8.1% (11,147)
Number of households with income $60k - 75k:
Farmington:
8.9% (8,607)
State:
8.9% (12,361)
Number of households with income $75k - 100k:
Farmington:
10.1% (9,725)
State:
10.1% (14,009)
Number of households with income $100k - 125k:
Farmington:
6.1% (5,842)
State:
6.1% (8,400)
Number of households with income $125k - 150k:
Farmington:
4.3% (4,140)
Kentucky:
4.3% (5,950)
Number of households with income $150k - 200k:
Farmington:
4.0% (3,877)
State:
4.0% (5,560)
Number of households with income > $200k:
Farmington:
2.5% (2,366)
State:
2.5% (3,413)
Aggregate household income in Farmington in 2022: $502,664
Median family income in Farmington in 2022:
Farmington:
$59,763
Kentucky:
$54,745
Median per capita income in Farmington in 2022:
Farmington:
$22,933
State:
$27,117
Change in median per capita income between 2000 and 2022:
Farmington, Kentucky:
+102.4%
State:
+104.9%
Income statistics for Asian residents
Median household income in Farmington, KY in 2022:
Farmington:
$7,591
Kentucky:
$84,447
Change in median household income between 2000 and 2022:
Farmington, Kentucky:
+102.4%
State:
+82.7%
Number of households with income < $10k:
Farmington:
5.6% (100)
State:
5.6% (1,233)
Number of households with income $10k - 20k:
Farmington:
9.0% (160)
State:
9.0% (1,974)
Number of households with income $20k - 30k:
Farmington:
3.2% (57)
State:
3.2% (700)
Number of households with income $30k - 40k:
Farmington:
5.4% (96)
State:
5.4% (1,181)
Number of households with income $40k - 50k:
Farmington:
6.9% (123)
Kentucky:
6.9% (1,517)
Number of households with income $50k - 60k:
Farmington:
9.9% (177)
State:
9.9% (2,187)
Number of households with income $60k - 75k:
Farmington:
5.3% (95)
State:
5.3% (1,173)
Number of households with income $75k - 100k:
Farmington:
15.3% (274)
State:
15.3% (3,377)
Number of households with income $100k - 125k:
Farmington:
10.1% (181)
State:
10.1% (2,234)
Number of households with income $125k - 150k:
Farmington:
8.8% (158)
Kentucky:
8.9% (1,949)
Number of households with income $150k - 200k:
Farmington:
6.7% (119)
State:
6.6% (1,463)
Number of households with income > $200k:
Farmington:
13.8% (246)
State:
13.8% (3,028)
Aggregate household income in Farmington in 2022: $60,233
Median family income in Farmington in 2022:
Farmington:
$7,422
Kentucky:
$97,608
Median per capita income in Farmington in 2022:
Farmington:
$756
State:
$42,939
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