Farmington, a city located in the state of Minnesota (MN), is home to a population of approximately 23,487 people. Farmington boasts a median age of 35.1, with around 12.7% of its residents aged 60 or above. 7% of the population identifies as US Veterans. 6.8% of Farmington residents are disabled. The city has an average household income of $114,737, while the unemployment rate stands at 3.4%, and around 3.3% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Farmington is $324,559, with a monthly rent averaging $1,214.