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2024 Compare Cities Economy:
Farmington, IA vs Saranac Lake, NY

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Highlights
- Household income in Saranac Lake, is 3% more than it is in Farmington and is 26% below the National Average.
- Farmington unemployment rate is 3.9%.
- Saranac Lake unemployment rate is 6.5%.

Economy
 Farmington, IASaranac Lake, NYUnited States
 Unemployment Rate3.9%6.5%6.0%
 Recent Job Growth-2.6%0.6%1.6%
 Future Job Growth16.4%23.1%33.5%
 Sales Taxes7.0%8.0%6.2%
 Income Taxes7.4%6.2%4.6%
 Income per Cap.$24,312$34,159$37,638
 Household Income$53,400$54,813$69,021
 Family Median Income$59,519$84,545$85,028
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 Est. Households By Income
 Farmington, IASaranac Lake, NYUnited States
 Income Less Than 15K14.2%14.8%9.4%
 Income between 15K and 20K11.8%3.9%3.8%
 Income between 20K and 30K0.8%10.8%8.1%
 Income between 30K and 40K13.8%4.6%8.0%
 Income between 40K and 50K5.7%6.3%7.6%
 Income between 50K and 60K16.7%15.3%7.2%
 Income between 60K and 75K15.0%7.9%9.6%
 Income between 75K and 100K12.2%14.0%12.8%
 Income between 100K and 150K8.5%15.2%16.3%
 Income between 150K and 200K0.0%4.9%7.8%
 Income greater than 200K1.2%2.3%9.5%
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 Population By Occupation
 Farmington, IASaranac Lake, NYUnited States
 Management, business, finance10.3%8.5%16.4%
 Engineering, computers, science2.6%3.9%6.5%
 Community, social services1.3%1.3%1.8%
 Legal0.0%0.8%1.2%
 Education, library6.9%12.1%6.2%
 Arts, design, media, sports, entertainment1.3%2.4%2.0%
 Healthcare practitioners and technology4.7%5.9%6.2%
 Healthcare support1.3%4.4%3.3%
 Firefighters, law enforcement0.9%2.3%2.1%
 Food preparation, serving6.0%9.2%5.4%
 Building maintenance3.4%7.1%3.6%
 Personal care3.0%4.0%2.6%
 Sales, office, administrative support24.6%24.4%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair9.5%5.3%8.1%
 Production, transportation, material moving24.1%8.3%13.1%

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Reviews for Farmington    0 Reviews

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Reviews for Saranac Lake    3 Reviews

Over 3 years ago

Saranac Lake is small but great. Great people, decent shopping, with good housing, it's great place to live, if you love the outdoors. It's cold....really cold in the  More

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Over 15 years ago

Saranac Lake is not only chilly but a great place to live. Dr. E.L. Trudeau knew what he was doing when he took a breath of this cold, crisp air way  More

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Small time living in a pristine environment of the Adirondack Park. Year-round theatre, good school system, postsecondary education, world-class research institution  More

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ZIPS IN FARMINGTON, IOWA
52626
ZIPS IN SARANAC LAKE, NEW YORK
12983

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