Percentage Calculator for Farmington, Minnesota (55024)

Free percentage calculator for residents of Farmington, Minnesota. Calculate percentages instantly online. Find what percent one number is of another, percentage change, or the value of a percent. Fast, free, and accurate.

LOCATION
Farmington, MN 55024
Dakota County, Minnesota
MEDIAN INCOME
$77,736
household income

Local Context for Farmington, Minnesota

In Farmington, Minnesota (Dakota County, ZIP area), the median household income is $77,736 per year and the median home value is $403,892. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Farmington, Minnesota (ZIP 55024)

City Farmington, Minnesota
County Dakota County
ZIP Code 55024
State Minnesota
Time Zone Chicago
Median Household Income $77,736/year
Median Home Value $403,892

Housing & Cost of Living — Farmington, Minnesota

Affordability Tier Affordable
Price-to-Income Ratio 3.3x
Est. Monthly Mortgage (20% down, 6.65%) $1,320/mo
Mortgage as % of Monthly Income 20.4%
Income vs. National Median near the national median
Income Tier Middle Income
Home Value vs. National Median near the national median
Housing Market Tier Affordable Market
Cost of Living Index 87 (Below Average)

A price-to-income ratio of 3.3x places this ZIP near the national average, meaning housing costs are broadly in line with local earning power.

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