Farmington vs Springfield: Housing
| Farmington | Springfield | |
|---|---|---|
| Median Home Value | $196,500 | $177,700 |
| Median Gross Rent | $855/mo | $964/mo |
| Homeownership Rate | 53.8% | 43.9% |
| Rent as Share of Income | 19.1% | 23.5% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.