Farmington, MN — City Data, Demographics & Statistics
Dakota County · Minnesota
City DNA
A unique fingerprint for Farmington based on 8 key metrics — compared to averages.
Quick Stats
Population
23,675
2023 ACS
Median Income
$118,556
2023
Median Home Value
$345,100
2023
Median Rent
$1,275
2023
Median Age
35.6
Unemployment
3.6%
Cost of Living Index
158.0
100 = national avg
Farmington is a city in Dakota County, Minnesota, with a population of 23,675 according to the 2023 American Community Survey. Farmington is one of the communities in Minnesota.
The median household income in Farmington is $118,556, and the median home value is $345,100. The cost of living index is 158.0 (where 100 = national average), and the median rent is $1,275 per month. The unemployment rate is 3.6%, and the median age is 35.6 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
23,675
Male
12,011
50.7%
Female
11,664
49.3%
Median Age
35.6
Education & Household
Bachelor's or Higher
24.1%
High School or Higher
37.1%
Foreign Born
4.2%
Veterans
4.6%
Married
43.6%
Avg Household Size
2.9
Marital Status by Age
Race & Ethnicity
Diversity Index
0.257
Simpson's Index (0-1)
Largest Group
White
85.6%
Foreign Born
4.2%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
6.4%
1,515 people
Not Hispanic/Latino
93.6%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
21,909
English Only
93.2%
#1 Non-English Language
Spanish
736 speakers
Limited English
2.9%
Language Distribution
English Proficiency
Speaks English Very Well
97.1%
Limited English Proficiency
2.9%
Veterans & Military
Total Veterans
1,085
4.6% of population
Disability Rate
35.5%
385 with disability
Veteran Median Income
$65,164
Unemployment Rate
2.4%
Period of Service
Veteran Age Distribution
Male Veterans
1,010
93.1%
Female Veterans
75
6.9%
Veteran vs Non-Veteran Income
Veteran Income
$65,164
Non-Veteran Income
$61,875
Difference
$3,289
5.3% higher
Disability Status
With Disability
385
Without Disability
700
Disability Rate
35.5%
Ancestry & Heritage
Total Reporting Ancestry
22,299
#1 Ancestry
German
29.1% (6,896)
#2 Ancestry
Norwegian
13.7% (3,240)
#3 Ancestry
Irish
12.2% (2,897)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
8,229
Family Households
6,319
76.8%
Married Couples
4,915
59.7%
Non-Family Households
1,910
23.2%
Single Mother Households
917
11.1%
Single Father Households
487
5.9%
Living Alone
1,530
18.6%
Children Under 18
Total Children
6,897
In Married Couple
5,009
72.6%
With Single Mother
1,269
18.4%
With Single Father
619
9.0%
Family Income
Median Family Income
$137,634
Married Couple Income
$149,240
Single Mother Income
$76,406
Single Father Income
$113,558
Avg Family Size
2.9
Avg Non-Family Size
2.2
Grandparents w/ Grandchildren
378
Grandparents Responsible
103
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$118,556
+62% vs national
Per Capita Income
$45,883
+23% vs national
Poverty Rate
3.8%
-72% vs national
Gini Index
0.3368
0 = perfect equality
Unemployment
3.6%
-32% vs national
SNAP Recipients
3.1%
of households
How Farmington Compares
Farmington vs Similar Cities
Compared to cities with 10,000 - 25,000 residents. Farmington is highlighted.
Median Household Income
Farmington, MN has a median household income of $118,556, making it the 2,879th highest median household income out of 28,123 cities in our database. This means that Farmington has a higher median household income than 90% of all the cities we measured.
Per Capita Income
Farmington, MN has a per capita income of $45,883, making it the 5,824th highest per capita income out of 28,123 cities in our database. This means that Farmington has a higher per capita income than 79% of all the cities we measured.
Poverty Rate
Farmington, MN has a poverty rate of 3.8%, making it the 25,460th highest poverty rate out of 31,262 cities in our database. This means that Farmington has a higher poverty rate than 19% of all the cities we measured.
Unemployment Rate
Farmington, MN has a unemployment rate of 3.6%, making it the 15,893rd highest unemployment rate out of 31,012 cities in our database. This means that Farmington has a higher unemployment rate than 49% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Farmington. The median household income here is $118,556.
Income Distribution
Employment Snapshot
Unemployment Rate
3.6%
-21% vs MN avg
Labor Force
13,385
Employed
12,897
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
24.1%
of adults 25+
High School Diploma+
37.1%
of adults 25+
Median Age
35.6
Work from Home
18.6%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the Minneapolis-St. Paul-Bloomington, MN-WI metro area
Highest-Paying Job
Software Developers
Top Median Wage
$129.4K
per year
Occupations Tracked
20
Cost of Living
Overall Index
158.0
100 = national avg
+58.0 vs national average
Living Wage (1 Adult)
$69,539
per year
Living Wage (Family of 4)
$164,366
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$1,405
per month
2 Bedroom
$1,709
per month
The median household income in Farmington, MN is $118,556, which is 61.9% above the national average of $73,224. Per capita income is $45,883. The poverty rate of 3.8% is lower than the MN state average of 11.4%. The Gini index of income inequality is 0.3368, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.6%, compared to the state average of 4.5%. The labor force is 13,385. 24.1% of adults hold a bachelor's degree or higher. About 74.9% of workers drive alone to work. The overall cost of living index is 158.0, which is 58.0% above the national average. Housing costs are above the national average at an index of 159.2. A single adult needs to earn approximately $69,539 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin — January 2026
Median Sale Price
$448,863
Median List Price
$399,900
Price Per Sq Ft
$191
Days on Market
65
Active Inventory
82
Months of Supply
2.9
Seller's market
Zillow Home Value
$390,548
ZHVI — January 2026
Market CompetitivenessRedfin
Sold Above List
21.4%
Off Market in 2 Weeks
16.7%
Sale-to-List Ratio
99.2%
Buyer's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
28
New Listings
35
Pending Sales
30
Price Per Square FootRedfin
Median Sale $/SF
$191
Median List $/SF
$215
House Price IndexFHFA
How much have housing prices increased in Farmington, MN? According to the Federal Housing Finance Agency (FHFA) House Price Index for the Minneapolis-St. Paul-Bloomington, MN-WI metro area, home prices have risen 392.6% over the past 40 years. Over 20 years, prices grew 56.1%. The 10-year growth rate is 74.1%. Over the last 5 years, prices increased 33.5%. In the most recent 2-year period, the index rose 7.6%. The FHFA HPI tracks average price changes in repeat sales or refinancings of single-family properties with conforming mortgages. Because this is a metro-level index, it reflects the broader Minneapolis-St. Paul-Bloomington, MN-WI housing market rather than Farmington alone.
Metro area: Minneapolis-St. Paul-Bloomington, MN-WI
Farmington vs Similar CitiesCensus ACS / Redfin
Compared to cities with 10,000 - 25,000 residents. Farmington is highlighted.
Median Home Value
Farmington, MN has a median home value of $345,100, making it the 5,780th highest median home value out of 27,993 cities in our database. This means that Farmington has a higher median home value than 79% of all the cities we measured.
Median Rent
Farmington, MN has a median rent of $1,275, making it the 5,904th highest median rent out of 22,337 cities in our database. This means that Farmington has a higher median rent than 74% of all the cities we measured.
Median Price Per Sq Ft
Farmington, MN has a price per square foot of $191, making it the 8,735th highest price per square foot out of 20,748 cities in our database. This means that Farmington has a higher price per square foot than 58% of all the cities we measured.
Rent Burden
Farmington, MN has a rent burden of 12.9%, making it the 19,248th highest rent burden out of 21,928 cities in our database. This means that Farmington has a higher rent burden than 12% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$345,100
Median Rent
$1,275
Total Housing Units
8,475
Vacancy Rate
2.9%
Owner Occupied
86.6%
Renter Occupied
13.4%
Median Property Tax
$4,102
per year
Monthly Cost (w/ Mortgage)
$1,888
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$4,102
per year
Effective Tax Rate
1.19%
of home value
Median Home Value
$345,100
Estimated Mean Tax
$4,036
The effective property tax rate is calculated by dividing the median annual property tax ($4,102) by the median home value ($345,100). In Farmington, MN, this works out to an effective rate of 1.19%. This is above the national average of approximately 1.1%.
The current median sale price in Farmington, MN is $448,863 according to Redfin data. Homes spend a median of 65 days on the market. 21.4% of homes sold above asking price. The market has 2.9 months of supply. The median price per square foot is $191. The median rent is $1,275 per month (Census ACS). About 86.6% of housing units are owner-occupied. The median year homes were built is 1997. There are 8,475 total housing units. Homeowners pay a median annual property tax of $4,102. The effective tax rate is 1.19%, above the national average.
Crime Overview
Source: FBI Crime Data Explorer (2024)Violent Crime Rate
0.79
per 1,000 residents
-70% vs national
Property Crime Rate
3.33
per 1,000 residents
-81% vs national
Total Crimes
99
2024
Violent Clearance
37%
cases solved
Property Clearance
6%
cases solved
YoY Change
-25.4%
violent crime rate
improving vs 2023
How Farmington Compares
Source: FBI (2024)Farmington vs Similar Cities
Source: FBI (2024)Compared to cities with 10,000 - 25,000 residents. Farmington is highlighted in green.
Violent Crime Rate (per 1,000)
Property Crime Rate (per 1,000)
Murder Rate (per 1,000)
Crime Rate Trends
Source: FBICrime Composition
Source: FBI (2024)Violent Crime Breakdown
Property Crime Breakdown
Crime Clearance (Solve) Rates
Source: FBI (2024)Farmington police solve 78% of aggravated assault cases but only 0% of motor vehicle theft cases.
Weapon Used in Violent Crime
Source: FBI (2024)Crime Breakdown
Source: FBI Crime Data Explorer (2024)| Crime Type | Category | Count | Rate per 1K | Clearance % |
|---|---|---|---|---|
| Murder | Violent | 0 | 0.00 | N/A |
| Rape | Violent | 9 | 0.38 | 0.0% |
| Robbery | Violent | 1 | 0.04 | 0.0% |
| Aggravated Assault | Violent | 9 | 0.38 | 77.8% |
| Burglary | Property | 11 | 0.46 | 0.0% |
| Larceny/Theft | Property | 64 | 2.67 | 7.8% |
| Motor Vehicle Theft | Property | 5 | 0.21 | 0.0% |
Farmington, MN reported 19 violent crimes and 80 property crimes in 2024. The violent crime rate of 0.79 per 1,000 residents is 69.5% below the national average of 2.60 per 1,000. Law enforcement cleared 37% of violent crimes. Larceny/theft accounts for 64 of the property crime reports. Firearms were involved in 22.2% of aggravated assaults. Violent crime has been trending downward.
Crime History
Source: FBI| Year | Violent | Property | Violent Rate | Property Rate |
|---|---|---|---|---|
| 2024 | 19 | 80 | 0.79 | 3.33 |
| 2023 | 25 | 93 | 1.06 | 3.95 |
| 2022 | 21 | 137 | 0.89 | 5.82 |
| 2021 | 29 | 133 | 1.25 | 5.72 |
| 2020 | 26 | 174 | 1.12 | 7.46 |
| 2019 | 12 | 177 | 0.51 | 7.59 |
| 2018 | 13 | 174 | 0.56 | 7.45 |
| 2017 | 13 | 209 | 0.57 | 9.12 |
| 2016 | 10 | 221 | 0.43 | 9.58 |
| 2015 | 22 | 219 | 0.96 | 9.55 |
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
89.5
Relatively Moderate
Expected Annual Loss
93.3
Score (0-100)
Social Vulnerability
10.6
Score (0-100)
Community Resilience
92.5
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
16
Public Assistance
$9.6M
Individual Assistance
$729K
Most Common Type
Flood
6 declarations
Public Assistance by Category
| Disaster | Type | Date | PA $ | IA $ |
|---|---|---|---|---|
| Covid-19 Pandemic → | Biological | Apr 2020 | $2.2M | $729K |
| Covid-19 → | Biological | Mar 2020 | — | — |
| Severe Storms and Flooding → | Severe Storm | Jul 2012 | $1.0M | — |
| Severe Storms and Flooding → | Flood | May 2011 | $22K | — |
| Flooding → | Flood | Mar 2010 | — | — |
| Hurricane Katrina Evacuation → | Hurricane | Sep 2005 | — | — |
| Severe Winter Storms, Flooding, and Torn… → | Flood | May 2001 | $4.1M | — |
| Severe Storms and Flooding → | Severe Storm | Jun 2000 | $2.2M | — |
| Severe Storms, Straight Line Winds, and … → | Tornado | Jun 1998 | — | — |
| Severe Flooding, High Winds,severe Storm… → | Flood | Apr 1997 | — | — |
| Flooding and Severe Storms → | Flood | Jun 1996 | — | — |
| Severe Storms, Tornadoes & Flooding → | Severe Storm | Jun 1993 | — | — |
| Severe Storms, Tornadoes & Flooding → | Severe Storm | Aug 1987 | — | — |
| Severe Storms, Flooding, Hail & Tornadoe… → | Severe Storm | Jul 1978 | — | — |
| Drought → | Drought | Jun 1976 | — | — |
| Flooding → | Flood | Apr 1969 | — | — |
| Flooding → | Flood | Apr 1965 | — | — |
| Severe Storms and Flooding → | Unknown | — | — | — |
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
181
Total Claims Paid
$3,882,467
Avg Claim Payout
$21,450
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
5
Federal Funding
$251,103
Properties Protected
1
Avg Benefit-Cost Ratio
0.00
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 600.1: Warning Systems (as a Component of a Planned, Adopted, and Exercised Risk Reduction Plan) | 3 | $51,380 |
| 200.1: Acquisition of Private Real Property (Structures and Land) - Riverine | 1 | $143,473 |
| 91.1: Local Multihazard Mitigation Plan | 1 | $56,250 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Farmington has a relatively moderate overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are strong wind, hail, tornado. The area has had 16 federal disaster declarations. The most common disaster type is flood (6 declarations). 181 flood insurance claims have been filed in the area. FEMA has obligated $9,628,790 in public assistance recovery funding. $729,352 has been distributed in individual assistance to disaster-affected residents. 5 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
34.5%
1.6pp below the national average
Depression Rate
25.0%
1.5pp above the national average
Diabetes Rate
7.8%
4.1pp below the national average
Uninsured Rate
6.6%
4.0pp below the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
31.1%
Arthritis
19.1%
Cancer (excl. skin)
6.7%
Teeth Lost (65+)
7.8%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
15.5%
14+ days in past month
Depression
25.0%
Loneliness
30.3%
Lack of Support
20.9%
Disability Prevalence
Any Disability
24.0%
Mobility
8.8%
Cognitive
12.0%
Hearing
5.0%
Vision
3.1%
Self-Care
2.5%
Independent Living
6.0%
Health-Related Social Needs
Prevalence of social risk factors affecting community health
Farmington has an obesity rate of 34.5%, which is 1.6pp below the national average. The depression rate is 25.0%, 1.5pp above the national average. About 6.6% of adults lack health insurance. 72.9% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
5
Avg CMS Rating
4.3 / 5
Nearest Hospital
9.7 mi
M Health Fairview Ridges Hospi...
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| M Health Fairview Ridges Hospital | 9.7 mi | Acute Care Hospitals | 4/5 | Yes |
| Northfield Hospital | 12.9 mi | Acute Care Hospitals | — | Yes |
| M Health Fairview Southdale Hospital | 16.9 mi | Acute Care Hospitals | 4/5 | Yes |
| Minneapolis Va Medical Center | 17.4 mi | Acute Care - Veterans Administration | 5/5 | Yes |
| St Francis Regional Medical Center | 17.7 mi | Acute Care Hospitals | 4/5 | Yes |
Climate & Environment
Water Systems
Source: EPA SDWISWater Systems
2
Pop. Served
26,686
Violations (5yr)
0
No violations
| System Name | Pop. Served | Violations (5yr) |
|---|---|---|
| Farmington | 23,534 | 0 |
| Empire | 3,152 | 0 |
Greenhouse Gas Emitters
Source: EPA GHGRP (2023)Facilities Reporting
1
Total CO₂e
14.8K MT
Top Emitter
Farmington Compressor Station (Farmington, MN)
14.8K MT CO₂e
Total CO₂e vs Similar Cities (10,000 - 25,000)
| Facility | Sector | CO₂e (MT) |
|---|---|---|
Farmington Compressor Station (Farmington, MN) Berkshire Hathaway Inc | Petroleum and Natural Gas Systems | 14,792 |
Data from EPA Greenhouse Gas Reporting Program (GHGRP). Includes facilities emitting 25,000+ metric tons CO₂e/year.
There are 2 water systems serving the area. 1 industrial facility reports greenhouse gas emissions totaling 14.8K metric tons of CO₂e.
Infrastructure
Commute Overview2023 ACS
Drive Alone
74.9%
-5% vs national
Public Transit
0.3%
-61% vs national
Work From Home
18.6%
+100% vs national
Carpool
4.6%
Walk
1.0%
How Farmington's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2021)Fatalities
1
2021
2-Year Avg
1
fatalities/yr
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2021 | 1 | 1 | 0 | 0 | 0 |
| 2019 | 1 | 1 | 0 | 1 | 0 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
Commute data for Farmington, MN covers travel times and transportation modes. 74.9% of workers drive alone, compared to the national average of 78.7%. 18.6% work from home, which is above the MN state average of 9.5%. 4.6% of workers carpool. In 2021, there were 1 traffic fatality from 1 fatal crash.
Internet & Broadband Access
Source: Census ACSBroadband Access
97.0%
of households
Cable / Fiber / DSL
85.7%
of households
No Internet
1.7%
of households
Total Households
8,229
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
98.0%
of households
Smartphone
94.2%
of households
Desktop / Laptop
91.8%
of households
Tablet
78.2%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
15.4¢
per kWh
-19% vs 10,000 - 25,000 avg
Commercial Rate
12.2¢
per kWh
-21% vs 10,000 - 25,000 avg
Industrial Rate
9.2¢
per kWh
-23% vs 10,000 - 25,000 avg
Avg Monthly Bill
$110
residential
-25% vs 10,000 - 25,000 avg
9% below the national average of 17.1¢/kWh
Residential electricity in Minnesota averages 15.4¢ per kWh, compared to the national average of 17.1¢. The average monthly electric bill is $110. State-level averages from EIA Electric Sales & Revenue data (2024).
Farmington vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (10,000 - 25,000). Each city represents its state's average rate.
Residential Rate (¢/kWh)
Commercial Rate (¢/kWh)
Industrial Rate (¢/kWh)
Average Monthly Bill
Water Systems
Source: EPA SDWISWater Systems
2
Population Served
26,686
Violations (5yr)
0
| System Name | Type | Source | Pop. Served | Violations |
|---|---|---|---|---|
| Farmington | Community | Ground water | 23,534 | 0 |
| Empire | Community | Ground water | 3,152 | 0 |
97.0% of households in Farmington have broadband internet access. 85.7% have cable, fiber, or DSL service. 9.4% rely solely on cellular data without a wired connection. 1.7% of households have no internet access. The area is served by 2 water systems, providing water to 26,686 people. No water quality violations have been reported in the past 5 years.
Politics & Government
County-level data: Election results are reported at the county level. Farmington is located in Dakota County, MN. Results reflect all voters in the county, not just those in Farmington.
Election Overview
Source: Dakota County (2024)2024 Winner
Democrat
Dem Votes
143,267
55.4%
GOP Votes
109,995
42.5%
Total Votes
258,590
Margin
D+12.9%
Shift from 2020
R+1.1pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 143,267 | 109,995 | 258,590 | 55.4% | 42.5% | D+12.9 |
| 2020 | 146,155 | 109,638 | 262,259 | 55.7% | 41.8% | D+13.9 |
| 2016 | 110,251 | 99,624 | 228,659 | 48.2% | 43.6% | D+4.6 |
In the 2024 presidential election, Dakota County recorded 258,590 total votes. Democrats won the county with 55.4% of the vote compared to 42.5% for Republicans, a margin of D+12.9%. Compared to 2020, the margin shifted R+1.1pp from the previous election. Since 2016, Dakota County has shifted 8.2 percentage points toward Democrats.
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
135
Total Assets
$44.7M
Total Income
$41.0M
Per 10K Residents
57.0
nonprofits
+7.0% vs peers avg
Orgs with >$1M Assets
3
Median Assets
$67K
Oldest Active
1941
ruling year
Newest Org
2025
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationTop 10 hold $43.6M of $44.7M total
Nonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 10,000 - 25,000
Largest Nonprofits in Farmington
Source: IRS Exempt Organizations BMF| Organization | Category | Assets | Income | Est. | IRS |
|---|---|---|---|---|---|
| FARMINGTON HEALTH SERVICES | Health Care | $30.8M | $14.1M | 2003 | |
| GREAT OAKS ACADEMY | Education | $6.6M | $5.4M | 2019 | |
| DAKOTA COUNTY AGRICULTURAL SOCIETY | Food & Agriculture | $3.2M | $1.5M | 2017 | |
| LAST HOPE | Animal-Related | $902K | $475K | 1985 | |
| DAKOTA CITY HERITAGE VILLAGE INC | Arts & Culture | $612K | $146K | 1994 | |
| FARMINGTON YOUTH HOCKEY ASSOC | Recreation & Sports | $576K | $14.5M | 2017 | |
| REGENTS OF THE UNIVERSITY OF MINNESOTA | Youth Development | $310K | $246K | 2013 | |
| BEACON FOUNDATION | Philanthropy | $281K | $8K | 2000 | |
| TIGER FAN CLUB | Education | $170K | $147K | 1997 | |
| WAGS AND WHISKERS ANIMAL RESCUE OF MN | Animal-Related | $154K | $188K | 2010 | |
| FARMINGTON TRAVEL BASEBALL ASSOCIATION | Recreation & Sports | $115K | $328K | 2010 | |
| FARMINGTON YOUTH BASKETBALL ASSOCIATION | Recreation & Sports | $101K | $308K | 2003 | |
| FOSTER TOGETHER MN INC | Human Services | $101K | $157K | 2021 | |
| MIDWEST AMATEUR GYMNASTICS ASSOCIATION | Recreation & Sports | $83K | $196K | 2017 | |
| HELPING NEIGHBORS TR | Philanthropy | $80K | $98K | 1997 | |
| FARMINGTON YOUTH FOOTBALL ASSOCIATION | Recreation & Sports | $71K | $245K | 2022 | |
| BETA CHAPTER OF CLOVIA FOUNDATION | Philanthropy | $68K | $89K | 2024 | |
| FARMINGTON BOYS LACROSSE BOOSTER CLUB | Recreation & Sports | $66K | $65K | 2015 | |
| FARMINGTON TIGERSHARKS SWIM CLUB INC | Recreation & Sports | $61K | $188K | 1999 | |
| FARMINGTON WRESTLING | Recreation & Sports | $60K | $1.1M | 2014 | |
| SUPPORT OUR TROOPS HAUNTED HOUSE | Public Benefit | $55K | $15K | 2011 | |
| MEADOWVIEW PTP | Education | $42K | $54K | 2022 | |
| FARMINGTON VOLLEYBALL BOOSTER CLUB | Recreation & Sports | $37K | $52K | 2024 | |
| FCCT BOOSTER CLUB | Recreation & Sports | $35K | $281K | 2017 | |
| FARMINGTON HIGH SCHOOL BOYS HOCKEY CLUB INC | Youth Development | $32K | $78K | 2024 | |
| NORTH TRAIL ELEMENTARY SCHOOL PARENT TEACHER PARTNERSHIP | Education | $31K | $76K | 2019 | |
| KDK FOUNDATION | — | $26K | $178K | 2023 | |
| FARMINGTON YOUTH LACROSSE ASSOCIATION | Recreation & Sports | $21K | $80K | 2020 | |
| WINGS OUTREACH WORLDWIDE INC | Human Services | $18K | $229K | 2011 | |
| LATIN AMERICA MISSIONS CHURCH FUND | Religion | $17K | $57K | 1998 | |
| GRACE FILLED TABLE | Food & Agriculture | $12K | $273K | 2023 | |
| FARMINGTON HIGH SCHOOL GIRLS HOCKEY BOOSTER CLUB | Recreation & Sports | $9K | $78K | 2024 | |
| FHS GUARDIANS | Philanthropy | $3K | $8K | 2024 | |
| JUST ASK | Human Services | $1 | $8K | 2017 |
Farmington, MN has 135 registered 501(c)(3) nonprofit organizations with combined assets of $44.7M. The most common category is Recreation & Sports, with 26 organizations. 3 nonprofits have assets exceeding $1 million. That works out to 57.0 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1941.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
180
Total Approved
$37.8M
Jobs Supported
1,903
Per 10K Residents
76.0
SBA loans
-19.6% vs peers avg
Unique Lenders
50
Top Lender
U.S. Bank, National Association
31 loans
Top Industry
Health Care & Social Assistance
Data Span
1993–2026
Loan Program Breakdown
Source: SBA FOIALoans
155
Total Amount
$21.9M
Avg Loan
$141,164
Median Loan
$59,600
SBA Guaranteed
$16.6M(76%)
Jobs Supported
1,481
Loans
25
Total Amount
$15.9M
Avg Loan
$634,800
Median Loan
$355,000
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
27
15% of all-time total
Recent Amount
$11.0M
29% of all-time total
Avg Recent Loan
$408,404
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 10,000 - 25,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Dakota County Lumber Co. | 1 | $2.6M |
| Jit Powder Coating Company | 8 | $1.9M |
| Optum Holdings Llc | 1 | $1.8M |
| Bailey Brothers L.l.c. | 1 | $1.7M |
| The Good Life Properties Llc | 1 | $1.7M |
| Tausi Transporters Inc | 2 | $1.3M |
| Jml Fabrication Llc | 4 | $1.2M |
| Anna's Bananas Day Care Inc | 1 | $1.2M |
| A'brittin Catering and Hospitality | 1 | $1.1M |
| Airlake Truck Body & Paint, Inc. | 1 | $1.1M |
Farmington, MN has received 180 SBA loans totaling $37.8M in approved funding between 1993 and 2026. The 7(a) program accounts for 155 loans (86% of the total), supporting 1,481 jobs. The 504 program, focused on real estate and large equipment, has funded 25 loans totaling $15.9M. The most common industry receiving SBA funding is Health Care & Social Assistance. The most active SBA lender in Farmington is U.S. Bank, National Association with 31 loans. That works out to 76.0 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
7
Total Population
283,608
Avg Median Income
$108,922
Avg Home Value
$369,357
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 55024 | 36,681 | $123,582 | $350,500 | $1,427 | 85.1 |
| 55044 | 63,280 | $140,612 | $464,500 | $1,730 | 65.3 |
| 55068 | 32,194 | $125,271 | $379,500 | $1,610 | 46.0 |
| 55122 | 31,483 | $93,980 | $342,700 | $1,594 | 10.8 |
| 55124 | 55,675 | $99,354 | $354,200 | $1,676 | 16.9 |
| 55306 | 16,191 | $98,012 | $366,300 | $1,610 | 6.2 |
| 55337 | 48,104 | $81,641 | $327,800 | $1,463 | 18.7 |
Farmington, MN has 7 ZIP codes with a combined population of 283,608. The average median household income across all ZIP codes is $108,922. The average median home value is $369,357. The average median monthly rent is $1,587.
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