Farmington New Mexico Real Estate
Farmington, New Mexico, is located in San Juan County, 132 miles NW of Rio Rancho, New Mexico and 269 miles SW of Denver, Colorado. Farmington has a population of 37,844.
Farmington Homes
Farmington properties pool is 13,957 residential properties including Farmington new homes. Median age of real estate in Farmington is 1975. Average Household size is 3.13 people. 3% are one bedroom homes, 17% are 2 bedroom homes, 61% are 3 bedroom homes, 16% are 4 bedroom homes, and 3% are 5+ bedroom homes.
Farmington Mortgage Statistics
Farmington mortgages vs. USA median statistics
| Homes |
Farmington |
USA |
| Homes With No Mortgage |
30% |
30% |
| Homes With Mortgage |
70% |
70% |
| First Mortgage Only |
58% |
54% |
| First & Second Mortgage or HELOC |
12% |
16% |
Farmington Area Real Estate Tax
Farmington Real estate Tax: Median Real Estate Taxes (2000) were $584 comparing to 1999 Median Family income $ 42,605. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Farmington School District: Children make up 29.3% of Farmington population. Farmington has 11,091 under 18 years old residents, or 0.67 kids per one worker, or 0.79 kids per one household.
Farmington Real Estate & Farmington Homeownership
There are 3210.11 or 23% one person households, 4745.38 or 34% two person households, and 2372.69 or 17% three person households in Farmington, New Mexico. Median residents age is 33.6, Senior citizens (65+) make up 4,054 or 10.7%% of Farmington population.
There are 16,672 workers (over 16 years of age) in Farmington. Of these, 93.3% drive to work. Approximately 0.07% of workers in Farmington take public transportation. An estimated 2.22% walk to work.
Median Farmington homeowner's housing expences are 16.8%
Crime in Farmington (2003), crimes per 10,000 residents per year
| Type of Crime |
Farmington |
USA, 2003 |
| Violent Crimes |
114.68 |
47.5 |
| Robberies |
6.34 |
14.2 |
| Aggravated Assaults |
93.54 |
29.5 |
| Property Crimes |
394.51 |
358.8 |
| Burglaries |
102.79 |
74.0 |
| Larceny-Thefts |
257.37 |
241.5 |
| Motor Vehicle Thefts |
34.35 |
43.3 |
Invest in Farmington Properties
When making a decision about buying real estate in Farmington New Mexico area, you should consider following statistical data:
| Category |
Farmington |
USA |
| Near Medium City |
Rio Rancho, New Mexico |
- |
| Near Large City |
Denver, Colorado |
- |
| Farmington Zip Codes |
87401, 87402 |
- |
| Farmington Area Codes |
505 |
- |
| White population |
70.74% |
75.1% |
| African-American population |
0.84% |
12.3% |
| Asian |
0.52% |
3.6% |
| American Indian & Alaskan |
16.96% |
0.9% |
| Hispanic (of any race) |
17.66% |
12.5% |
| Median Family Income (1999) |
$ 42,605% |
$42,000 |
| Population Below Poverty Level |
15.62% |
12.4% |
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