Farmington, KY 42040 has a population of approximately 809 and experiences a population change rate of -17.37%. The population density is 24.7 / sq mi .
Farmington, KY 42040 has a population of approximately 809 and experiences a population change rate of -17.37%. The population density is 24.7 / sq mi .
The median household income for Farmington, KY 42040 is $54,438, with 345 households and an average household size of 2.25.
The median value of a home in Farmington, KY 42040 is $148,100 with an appreciation rate of 15.70%. 83.64% of housing in the state is owned while 7.39% is rented.
The cost of living in Farmington, KY 42040 is 88.8 %.
The unemployment rate in Farmington, KY 42040 is 3.50%, and recent job growth is at -0.35%. Future job growth is projected at 27.27%.
The sales tax rate in Farmington, KY 42040 is 6.00%, while the income tax rate is 5.00% .
School expenditures in Farmington, KY 42040 are $12,008, and the school ratio is 16.7:1.
The average high temperature in July is 89 degrees, with an average low temperature in January of 27.3 degrees. The average rainfall is approximately 53.7 inches per year, with 4.3 inches of snow per year.