Spencerville vs Farmington
| Spencerville | Farmington | |
|---|---|---|
| Population | 1,174 | 46,457 |
| Median Household Income | $78,899 | $68,784 |
| Median Home Value | $255,000 | $233,000 |
| Median Gross Rent | $1,301/mo | $1,037/mo |
| Homeownership Rate | 86.1% | 66.2% |
| Unemployment Rate | 3.3% | 3.9% |
| Bachelor's Degree or Higher | 17.9% | 26.2% |
| Median Age | 56.8 | 38.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.