Farmington Minnesota Real Estate
Farmington, Minnesota, is located in Dakota County, 10 miles SE of Burnsville, Minnesota and 281 miles NW of Milwaukee, Wisconsin. Farmington has a population of 12,365.
Farmington Homes
Farmington properties pool is 4,192 residential properties including Farmington new homes. Median age of real estate in Farmington is 1990. Average Household size is 3.35 people. 2% are one bedroom homes, 17% are 2 bedroom homes, 45% are 3 bedroom homes, 31% are 4 bedroom homes, and 5% are 5+ bedroom homes.
Farmington Mortgage Statistics
Farmington mortgages vs. USA median statistics
| Homes |
Farmington |
USA |
| Homes With No Mortgage |
8% |
30% |
| Homes With Mortgage |
92% |
70% |
| First Mortgage Only |
60% |
54% |
| First & Second Mortgage or HELOC |
32% |
16% |
Farmington Area Real Estate Tax
Farmington Real estate Tax: Median Real Estate Taxes (2000) were $1,648 comparing to 1999 Median Family income $ 65,380. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Farmington School District: Children make up 34% of Farmington population. Farmington has 4,208 under 18 years old residents, or 0.64 kids per one worker, or 1 kids per one household.
Farmington Real Estate & Farmington Homeownership
There are 670.72 or 16% one person households, 1173.76 or 28% two person households, and 754.56 or 18% three person households in Farmington, Minnesota. Median residents age is 30, Senior citizens (65+) make up 693 or 5.6%% of Farmington population.
There are 6,548 workers (over 16 years of age) in Farmington. Of these, 94.73% drive to work. Approximately 0.93% of workers in Farmington take public transportation. An estimated 1.33% walk to work.
Median Farmington homeowner's housing expences are 22.4%
Crime in Farmington (2003), crimes per 10,000 residents per year
| Type of Crime |
Farmington |
USA, 2003 |
| Violent Crimes |
6.47 |
47.5 |
| Robberies |
NaN |
14.2 |
| Aggravated Assaults |
4.85 |
29.5 |
| Property Crimes |
189.24 |
358.8 |
| Burglaries |
40.44 |
74.0 |
| Larceny-Thefts |
143.15 |
241.5 |
| Motor Vehicle Thefts |
5.66 |
43.3 |
Invest in Farmington Properties
When making a decision about buying real estate in Farmington Minnesota area, you should consider following statistical data:
| Category |
Farmington |
USA |
| Near Medium City |
Burnsville, Minnesota |
- |
| Near Large City |
Milwaukee, Wisconsin |
- |
| Farmington Zip Codes |
55024 |
- |
| Farmington Area Codes |
651 |
- |
| White population |
95.62% |
75.1% |
| African-American population |
0.74% |
12.3% |
| Asian |
1.46% |
3.6% |
| American Indian & Alaskan |
0.28% |
0.9% |
| Hispanic (of any race) |
1.88% |
12.5% |
| Median Family Income (1999) |
$ 65,380% |
$42,000 |
| Population Below Poverty Level |
2.35% |
12.4% |
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