Farmington vs South Valley: Housing
| Farmington | South Valley | |
|---|---|---|
| Median Home Value | $233,000 | $224,300 |
| Median Gross Rent | $1,037/mo | $954/mo |
| Homeownership Rate | 66.2% | 74.4% |
| Rent as Share of Income | 18.1% | 19.7% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.