New Mexico city profile
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. For context, the typical Farmington home is about 42% below the statewide median of $320,000 and local household income is about 6% below the statewide median of $59,800.
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
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More New Mexico cities: Albuquerque, Carlsbad, Clovis, Hobbs, Las Cruces, Rio Rancho, Roswell, Santa Fe, South Valley