Farmington vs South Valley
| Farmington | South Valley | |
|---|---|---|
| Population | 46,457 | 37,601 |
| Median Household Income | $68,784 | $58,224 |
| Median Home Value | $233,000 | $224,300 |
| Median Gross Rent | $1,037/mo | $954/mo |
| Homeownership Rate | 66.2% | 74.4% |
| Unemployment Rate | 3.9% | 4.3% |
| Bachelor's Degree or Higher | 26.2% | 15.1% |
| Median Age | 38.7 | 41.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.