Apartments for rent in Farmington, NM

A small city located in New Mexico, Farmington has just over 45,000 residents. Families with young children can expect to feel right at home, as kids under 5 account for an above-average percentage of the community. Overall, the city's population, with an average age of just over 35, skews younger than most cities in New Mexico. Renters tend to be in the minority in the area, and 67% of residents own their homes. At $921 per month, the average rent is slightly above the state average.

Farmington has a relatively large concentration of residents over the age of 25 who possess an Associate's degree (7%) compared to the national average (5%). Additionally, 7% have a Bachelor's degree and 4% have earned a Master's degree or Doctorate. Many Farmington residents work in one of three industries: retail, healthcare, and entertainment. Combined, these industries make up 18% of the labor force in the city. Meanwhile, looking at job function, many workers in these industries are in sales, as 6% of the city's population reports this as their field of work, the highest number of any profession. Farmington workers bring in an average annual income of nearly $70,000, around $8,000 more than their peers elsewhere in New Mexico. However, Farmington compares less favorably to the national average ($73,345).

With an average commute time of about 20 minutes, shorter than most cities in the state, Farmington residents find that it isn't overly time-consuming to get to work. Many residents (40%) drive themselves to work, while public transportation isn't extensively used. Relatively few residents walk to work.