Farmington, WV
Population 431 · West Virginia
About Farmington, WV
Farmington is a small community located in West Virginia with a population of 431 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,094 per year, which is 1% above the national median of $75,149. The median age of 44.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Farmington features a median home value of $68,500, which is 72% below the national median of $244,900. This makes Farmington one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $667, 43% below the national average of $1,163/month. Of the 165 total housing units, 82% are owner-occupied (120 units) and 18% are renter-occupied (27 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Farmington shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 8.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Farmington have an average one-way commute time of 32.8 minutes.
Education & Demographics
15.6% of Farmington residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 2.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Farmington Ranks in West Virginia
Cost of Living in Farmington, WV
Compared to national averages, Farmington has a median household income of $76,094 (1% above the national median of $75,149). Home values average $68,500, which is 72% below the national median. Monthly rent at $667 is 43% below the US average of $1,163. Within West Virginia, Farmington's income is 41% above the state average of $54,014, and home values are 47% below the state median of $128,301.
Why Live in Farmington, WV?
Farmington offers a strong local economy with a median household income of $76,094, well above the national average, and affordable housing with a median home value of $68,500, below the US average of $244,900, and rent that’s lower than the national average at $667/month. Additionally, the city features a low poverty rate of 8.8%, better than the national average.
Farmington has a population of 431 with a median age of 44.1 years. Compare Farmington with other cities to see how it stacks up, or explore all cities in West Virginia.
Similar Cities Near Farmington
Cities in West Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Charlton Heights | 428 | $94,286 | $98,200 | Compare |
| Prichard | 434 | $90,795 | $94,000 | Compare |
| Newark | 424 | $45,556 | $86,700 | Compare |
| Paw Paw | 440 | $62,500 | $83,900 | Compare |
| Mitchell Heights | 420 | $66,563 | $161,500 | Compare |
| Gatewood | 443 | $73,914 | $96,400 | Compare |
| Union | 414 | $32,281 | $158,000 | Compare |
| Valley Grove | 448 | $54,028 | $136,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in West Virginia
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, WV?
The population of Farmington, WV is 431 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in West Virginia.
What is the median household income in Farmington?
The median household income in Farmington, WV is $76,094 per year, which is 1% above the national median of $75,149.
What is the median home value in Farmington?
The median home value in Farmington, WV is $68,500, which is 72% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Farmington?
The median monthly rent in Farmington, WV is $667, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Farmington?
The unemployment rate in Farmington, WV is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Farmington, WV a good place to live?
Farmington offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 431 and a median age of 44.1, the city appeals to a broad range of residents.
How educated is Farmington, WV?
15.6% of residents in Farmington aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Farmington?
Key cost-of-living indicators for Farmington, WV: median home value is $68,500 (72% below national), median rent is $667/month, and median household income is $76,094. The home-value-to-income ratio is 0.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Farmington?
The poverty rate in Farmington, WV is 8.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Farmington, WV?
Farmington's population is 0.0% White, 2.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.8% two or more races. 0.0% of residents are foreign-born.