The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
Located in the state of Missouri, Farmington is a mid-sized city with a population of 18,792 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (89% White). Given that fact, Farmington could be considered less diverse than other cities. If you're not a fan of traffic congestion and long commute times to work, Farmington is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 19 minutes, significantly lower than the national average of 26 minutes.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Farmington, Missouri could be a good experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Farmington, AreaVibes has created a livability score using key metrics like amenities, health & safety, employment, housing and more.
Using data and statistics Farmington has received a livability score of 66 out of 100. This score is ranked in the 66th percentile when compared to all other cities. If we examine each of the categories on their own, we see that Farmington ranks well for cost of living (A+) and housing (B+). There is at least one category that does not have great scores in Farmington. The following was graded with a disappointing score: amenities (F).
When contemplating a move, job prospects often top the list of priorities. In Farmington, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.39% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Farmington market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Farmington is real estate affordability. Median real estate prices in Farmington come in at $134,900, which is 4.5% lower than the Missouri average. The home price to income ratio compares the median home prices to the median household income. In Farmington, the home price to income ratio is 3.1, which is 6.9% higher than the Missouri average.
Statistic | Farmington | Missouri | National |
Average one way commute | 19min | 23min | 26min |
Workers who drive to work | 81.2% | 81.6% | 76.4% |
Workers who carpool | 11.6% | 9.1% | 9.3% |
Workers who take public transit | 0.9% | 1.5% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 1.5% | 1.9% | 2.8% |
Working from home | 4.6% | 4.6% | 4.6% |