Best Life Index › States › New Mexico › Cities › Farmington

New Mexico city profile

What Is It Like to Live in Farmington?

What it costs to live in Farmington, and how it compares with other New Mexico cities, in plain numbers.

Value score

44

8th best value in New Mexico

How much you get for what you pay, versus other New Mexico cities.

Overall livability

51

7th overall in New Mexico

Cost, safety, schools, jobs and quality of life combined.

Farmington is home to about 46,696 people. A typical home runs $186,700 and a household earns around $56,000, a price-to-income ratio of 3.3. Among New Mexico's largest cities, it ranks 8th for value and 7th overall.

Farmington at a glance

Median home price

$186,700

9th in NM of 14

Median rent

$921/mo

Median household income

$56,000

Home price to income

3.3x

Unemployment

6.5%

9th in NM of 14

School rating

4/10

6th in NM of 14

Air quality (AQI)

45

0th in NM of 14

Walk score

4/100

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‹ See all top New Mexico cities ranked  ยท  New Mexico state profile ›

Sources: Home prices and rent from Zillow; income, unemployment and commute from the U.S. Census; school ratings from state education data; crime from the FBI; air quality from the EPA. City rankings are within New Mexico only. Updated 2026.