Farmington, WA is a great place to live due to its affordable cost of living. Rent for a two bedroom apartment in Farmington is $1,060 as compared to the US average of $1,430. The grocery cost index in Farmington is also 97 versus the national average of 100, showing that goods and services are less expensive than other places. The area is also home to many local companies such as Pacific Northwest Bank, Valley View Medical Center, and Cascade Natural Gas Corporation who create job opportunities for residents. All in all, Farmington offers a great quality of life at an affordable price making it an ideal place to call home.
Farmington has an unemployment rate of 4.8%. The US average is 6.0%.
Farmington has seen the job market decrease by -10.4% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Farmington
- The Sales Tax Rate for Farmington is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Farmington is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Farmington
- The average income of a Farmington resident is $31,083 a year. The US average is $37,638 a year.
- The Median household income of a Farmington resident is $51,094 a year. The US average is $69,021 a year.