Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Employment
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
Housing
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.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Located in the state of Arkansas, Farmington is a small city with a population of 7,166 inhabitants. If we look at the most recent Census, Farmington is known to have a predominantly White population. The next two most common races are Asian and American Indian and Alaskan.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Farmington, Arkansas could be a great 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. The best areas in Farmington and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, education, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Arkansas and national averages.
The livability score in Farmington is 76 out of 100 and the city is ranked in the 91st percentile of all cities across America. Based on this score, Farmington would be considered a very livable city! Farmington has also earned the rare honor of ranking in the top 10 percentile among all cities. If we dig down a little deeper into each category within the livability score, we see that Farmington has higher than average rankings for the following: crime (B+), cost of living (A), education (A+), employment (B+) and housing (A+). There are some categories that Farmington does not rank well for, including: amenities (F). It might be worth taking a closer look to determine why.
Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Farmington, it boasts a notably low violent crime rate of 169 crimes per 100,000 residents, which significantly outperforms the national average.
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 0.64% 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.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Farmington excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Farmington real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Farmington. Median real estate prices in Farmington come in at $195,900, which is 70.8% higher than the Arkansas 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 14.8% higher than the Arkansas average.
| Statistic | Farmington | Arkansas | National |
| Average one way commute | 22min | 22min | 26min |
| Workers who drive to work | 82.9% | 82.7% | 76.4% |
| Workers who carpool | 8.4% | 10.8% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.0% | 1.7% | 2.8% |
| Working from home | 8.7% | 3.2% | 4.6% |
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