Farmington, Pennsylvania is a small borough located in Fayette County. It has a population of just 15437 people, making it an ideal location for those seeking a quiet getaway from the hustle and bustle of larger cities. The average 2 bedroom rent in Farmington is $1,010 which is slightly below the US average of $1,430. This makes it more affordable than many other areas while still providing quality housing options. The cost of living in Farmington is also relatively low with the Grocery Cost Index being 101 versus 100 in the US.
The town provides plenty of recreational opportunities due to its close proximity to Ohiopyle State Park and other national forests and parks. There are also several local businesses that offer services such as retail stores, restaurants, and repair shops. In addition, there are several great schools nearby with excellent academic programs for young students. All these factors make Farmington an ideal location for families looking to settle down and start their own life in a peaceful community setting.
Farmington (zip 15437) has an unemployment rate of 10.2%. The US average is 6.0%.
Farmington (zip 15437) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Farmington (zip 15437)
- The Sales Tax Rate for Farmington (zip 15437) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Farmington (zip 15437) is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Farmington (zip 15437)
- The average income of a Farmington (zip 15437) resident is $19,537 a year. The US average is $37,638 a year.
- The Median household income of a Farmington (zip 15437) resident is $68,478 a year. The US average is $69,021 a year.