Farmington is a city in Utah state in USA with a population of 24439 residents.. The poverty rate of Farmington is 3.5%, which is 75% lower than national average. The typical household in Farmington earns $99208 a year, compared to the national median of $67,500. Nearly 25% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Farmington, only 99% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Farmington remained 2.1%, which is 55% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Farmington, only 49% of adults have a bachelor's degree and 35% have some college but no degree.

Cost of living in Farmington is 118, which is 18% higher than national average. Median home value in Farmington is $419700 , which is 83% higher than national average. While median income in Farmington remained $99208, which is 47% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.