Farmington vs Minneapolis
| Farmington | Minneapolis | |
|---|---|---|
| Population | 23,487 | 426,877 |
| Median Household Income | $123,673 | $80,846 |
| Median Home Value | $366,200 | $362,200 |
| Median Gross Rent | $1,241/mo | $1,371/mo |
| Homeownership Rate | 86.5% | 47.7% |
| Unemployment Rate | 3.4% | 5.9% |
| Bachelor's Degree or Higher | 38.7% | 55.5% |
| Median Age | 35.4 | 33.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.