Farmington, IL
Population 1,990 · Illinois
About Farmington, IL
Farmington is a small community in Illinois with a population of 1,990 residents. The median household income is $64,313 per year, which is near the national average. The median age in Farmington is 34.5 years.
Housing in Farmington has a median home value of $99,300 and median monthly rent of $877. Of the 930 total housing units, the majority are owner-occupied, with 557 owner-occupied and 242 renter-occupied units.
The unemployment rate in Farmington is 8.0% and the poverty rate is 8.5%. 24.0% of residents hold a bachelor's degree or higher. The average commute time is 23.8 minutes.
Cost of Living in Farmington, IL
Compared to national averages, Farmington has a median household income of $64,313 (14% below the national median of $75,149). Home values average $99,300, which is 59% below the national median. Monthly rent at $877 is 25% below the US average of $1,163. Within Illinois, Farmington's income is 14% below the state average of $75,072, and home values are 40% below the state median of $165,779.
Why Live in Farmington, IL?
Farmington offers affordable housing with a median home value of $99,300, below the US average of $244,900, and rent that’s lower than the national average at $877/month, and a low poverty rate of 8.5%, better than the national average. Additionally, the city features short commute times averaging just 23.8 minutes.
Potential considerations include median household income ($64,313) that falls below the national average. However, Farmington’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Farmington has a population of 1,990 with a median age of 34.5 years. Compare Farmington with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Farmington
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Channel Lake | 1,988 | $63,958 | $210,400 | Compare |
| Prairie Grove | 1,992 | $138,229 | $439,100 | Compare |
| Roanoke | 1,987 | $74,141 | $139,800 | Compare |
| Farmer City | 2,001 | $73,147 | $128,900 | Compare |
| Mount Olive | 1,979 | $55,139 | $96,600 | Compare |
| Lake of the Woods | 1,976 | $69,054 | $194,300 | Compare |
| Crystal Lawns | 1,965 | $109,415 | $234,600 | Compare |
| Earlville | 2,015 | $62,763 | $127,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Farmington With Other Cities
Frequently Asked Questions about Farmington
What is the population of Farmington, IL?
The population of Farmington, IL is 1,990 according to the latest Census data.
What is the median household income in Farmington?
The median household income in Farmington, IL is $64,313 per year.
What is the median home value in Farmington?
The median home value in Farmington, IL is $99,300.
What is the average rent in Farmington?
The median monthly rent in Farmington, IL is $877.
What is the unemployment rate in Farmington?
The unemployment rate in Farmington, IL is 8.0%.