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The total population of Farmington is estimated to be 2,534 with 1,127 males (44.48%) and 1,407 females (55.52%). There are 280 more females than males in Farmington.
The median household income in Farmington was $54,946 in 2021, which marked an an increase of 555(1.02%) from $54,391 in 2020. This income is 73.65% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Farmington sees its highest median household income among householders in the age group of 25 to 44 years old, at $73,440. Overall, the median household income for the town of Farmington stands at $54,946.
In Farmington, the median income for all workers aged 15 years and older, regardless of work hours, was $34,107 for males and $28,837 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $42,826 for males and $39,746 for females.
In Farmington, there are just two different racial groups among households. Among these, White households report a median household income of $58,775, while Black or African American households have a median household income of $25,752.
In 2022, the population of Farmington was 2,018, a 0.74% decrease year-by-year from 2021. Previously, in 2021, Farmington's population was 2,033, a decline of 0.97% compared to a population of 2,053 in 2020.
The median age in Farmington, MS is 37.0, as per 2021 ACS 5-Year Estimates. Of the total population, 24.93% were under the age of 15, 14.67% aged 15 to 29, 42.62% aged 30 to 64, 16.46% aged 65 to 84, and 1.32% were 85 years of age and older.
Racial distribution of Farmington population: 91.32% are White, 5.78% are Black or African American, 0.51% are Asian and 2.38% are multiracial.