Home / Select Cities  /  2024 Comparing Farmington, MO vs. Somerset, KY

2024 Compare Cities Housing:
Farmington, MO vs Somerset, KY

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Highlights
- The median age of a home in Farmington is 20.5% younger than the median age of a home in Somerset.

Housing
 Farmington, MOSomerset, KYUnited States
 Median Home Age394742
 Median Home Cost$207,500$192,700$338,100
 Home Appr. Last 12 months17.1%16.7%16.6%
 Home Appr. Last 5 yrs.58.3%49.8%57.0%
 Home Appr. Last 10 yrs.73.2%64.4%101.1%
 Property Tax Rate$8.1$7.6$11.0
 Homes Owned47.3%42.6%57.4%
 Housing Vacant11.8%12.0%11.2%
 Homes Rented40.9%45.4%31.4%
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 Avg Rent For Home Or Apartment
 Farmington, MOSomerset, KYUnited States
 Average Rent$1,010$980$1,840
 Studio Apartment$550$530$1,080
 1 Bedroom Home or Apartment$570$610$1,180
 2 Bedroom Home or Apartment$750$800$1,430
 3 Bedroom Home or Apartment$1,020$990$1,860
 4 Bedroom Home or Apartment$1,020$1,080$2,160
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 Vacant Housing
 Farmington, MOSomerset, KYUnited States
 Vacant For Rent1.7%5.4%1.9%
 Vacant Rented0.8%0.0%0.4%
 Vacant For Sale1.2%0.5%0.7%
 Vacant Sold0.0%0.8%0.4%
 Vacant Vacation0.0%0.5%3.6%
 Vacant Other8.2%4.8%4.1%
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 Owner-Occupied Housing Value
 Farmington, MOSomerset, KYUnited States
 Less Than $20,0001.1%0.8%2.6%
 $20,000 to $39,9992.4%3.5%2.4%
 $40,000 to $59,9990.3%4.0%2.8%
 $60,000 to $79,9994.8%11.9%3.9%
 $80,000 to $99,9998.6%13.8%4.5%
 $100,000 to $149,99931.4%28.7%11.3%
 $150,000 to $199,99926.0%17.3%13.0%
 $200,000 to $299,99916.9%14.5%20.1%
 $300,000 to $399,9995.0%1.9%13.6%
 $400,000 to $499,9990.5%1.0%8.3%
 $500,000 to $749,9993.1%0.0%9.7%
 $750,000 to $999,9990.0%1.8%3.9%
 $1,000,000 to $1,499,9990.0%0.7%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.0%0.0%1.1%
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 Housing Units By Year Built
 Farmington, MOSomerset, KYUnited States
 2015 and Newer0.3%0.0%0.2%
 2010 to 201411.3%14.2%13.6%
 2000 to 200911.3%14.2%13.6%
 1990 to 199918.0%8.6%13.6%
 1980 to 198911.7%12.3%13.2%
 1970 to 197914.8%18.6%14.8%
 1960 to 196918.0%8.6%13.6%
 1950 to 19598.9%15.0%10.0%
 1940 to 19495.1%6.1%4.7%
 1939 or Earlier9.6%13.7%12.2%

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Reviews for Farmington    2 Reviews

Over 5 years ago

PROPERTY VALUES HAVE NOT GONE UP 48 PERCENT IN THE LAST TEN YEARS. They have only gone up about 2 percent in the last ten years! Farmington is  More

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Great place to raise a family, Great growth whitin the the entire city. Great place to stop at a local Business to shop or grab a bite to eat.  More

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Reviews for Somerset    7 Reviews

Over 10 years ago

There is certainly a small town atmosphere here. It seems as if there is a high percentage of the population that wants to get Somerset "on the map", but they want to do  More

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Over 14 years ago

I have lived here since 1989. My family moved me here from Chicago Ill when I was 5 years old. Growing up in this place, I can tell you first hand what you children will  More

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Over 16 years ago

I wanted to post facts on somerset on my previous post because sometimes on bestplaces.net it is just opinions and those can be misleading or one-sided. So I posted  More

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ZIPS IN FARMINGTON, MISSOURI
63640
ZIPS IN SOMERSET, KENTUCKY
42503 42501

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