Cost of Living in Farmington, AR
Population 8,469 · Arkansas · Data vintage 2023
(100 = US avg)
Farmington is a smaller Arkansas community of around 8000 residents, where median household incomes of $88,541 and housing costs ($250,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 0.8% points to a labor market well on the tight side of the national distribution.
Located 85 miles east of Broken Arrow, Farmington is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 9% higher than Broken Arrow's $229,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Farmington
The median home value in Farmington is $249,900 — 18% below the national median of $305,000. Median rent runs $1,223/month, 7% lower than the national median of $1,314/month. The median household income of $88,541/year is 19% higher than the US median of $74,580. The local unemployment rate is 0.8%, below the national average of 4.8%. Arkansas's top state income tax rate is 4.4% and the combined sales tax is 9.5%. The climate averages highs of 69.3°F and lows of 45.6°F, with about 6.5" of annual snowfall. Overall, Farmington has a cost of living index of 86 versus the US average of 100, meaning it is 14% less expensive.
Farmington has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 48 | 52 | 61 | 70 | 77 | 85 | 89 | 89 | 82 | 71 | 59 | 50 |
| Low °F | 25 | 29 | 36 | 45 | 54 | 63 | 67 | 65 | 57 | 45 | 35 | 28 |
| Precip" | 2.75 | 2.56 | 3.98 | 5.01 | 5.89 | 4.31 | 3.80 | 3.17 | 4.26 | 4.48 | 3.68 | 3.07 |
| Snow" | 1.5 | 2.4 | 1.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 1.1 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Farmington, AR?
Farmington has a cost index of 86 (100 = national average). It is 14% below the national average.
What is average rent in Farmington, AR?
The median gross rent in Farmington is $1,223 per month based on 2023 Census data.
What is the average home price in Farmington?
The median home value in Farmington is $249,900 according to Zillow and Census data.
What is the median income in Farmington?
The median household income in Farmington is $88,541 per year (2023 ACS 5-year estimates).
What is the sales tax in Farmington, AR?
The combined state and local sales tax rate in Farmington is 9.5%. The Arkansas state income tax top rate is 4.4%.
Is Farmington, AR affordable?
Yes, Farmington is generally considered affordable, with a cost of living index of 86 — about 14% below the US national average of 100.
What is the weather like in Farmington?
Farmington has average high temperatures of 69.3°F and average lows of 45.6°F. Annual precipitation is 47". Average annual snowfall is 6.5". Data from NOAA 1991–2020 Climate Normals.
Farmington at a Glance
- Population
- 8,469
- Median Income
- $88,541
- Home Value
- $249,900
- Median Rent
- $1,223/mo
- Unemployment
- 0.8%
- Avg High Temp
- 69.3°F
- Sales Tax
- 9.5%
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