This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Farmington page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 4,879, so Farmington should be compared with similar-size places before using broader Maine averages. Median household income is $39,646, so the best affordability read for Farmington is income versus housing, taxes, utilities, and insurance together.
Median home value is $161,800, so ownership costs in Farmington should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $838/mo, so renters can compare Farmington against ownership costs and nearby rental markets.
Housing and Income Context
For Farmington, income is more constrained, so utilities, rent, and taxes deserve extra attention. Home values are comparatively low, but maintenance, taxes, and utilities still matter.
Use the home value, rent, and income fields together before deciding whether Farmington looks more favorable for renting, buying, or comparing with Wilton, ME.
Utility Cost Context
The residential electricity benchmark is $0.283/kWh, so Farmington households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Farmington is a Maine state-level EIA benchmark, so it should not be read as a local provider tariff.
For Farmington, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $1,966, so Farmington buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Farmington address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Farmington depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Farmington, especially when comparing with Wilton, ME.
Population and Demographics
Median age is 37.0, so Farmington may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 37.9%, so Farmington education context can be useful when reading labor-market and school sections.
Unemployment is 3.1%, so Farmington wage and job-market context should be compared with commute options and regional employment centers.
