HomeNew MexicoSan Juan CountyFarmington
Farmington, New Mexico: commercial real estate data.
Farmington is a Census city of 46,314 people across 34.46 square miles of land, in San Juan County. Median household income is $68,784, 66.2 percent of occupied homes are owned, and the SBA record carries 54 7(a) approvals to borrowers here worth $48.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Farmington
What Farmington is
- Census place typecity
- Land area34.46 sq mi
- Water area0.49 sq mi
- Population per square mile of land1,344
- County holding the largest share of its areaSan Juan County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Farmington
How many people live in Farmington
- Population46,314
- Median age38.7
- Population under 1812,225
- Share under 1826.4 percent
- Population 65 and over7,670
- Share 65 and over16.6 percent
- Households17,114
- Family households10,825
- Share of households that are families63.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Farmington
Income and work in Farmington
- Median household income$68,784
- Per capita income$33,855
- Civilian labor force20,229
- Employed19,439
- Unemployed790 plus or minus 211
- Unemployment rate3.9 percent plus or minus 1.0
- Adults 25 and over30,519
- Adults 25 and over with a high school diploma or higher91.6 percent
- Adults 25 and over with a bachelor degree or higher26.2 percent
- Adults 25 and over with a graduate degree10.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Farmington
Housing in Farmington
- Housing units18,788
- Occupied units17,114
- Vacant units1,674 plus or minus 345
- Vacancy rate8.9 percent plus or minus 1.8
- Owner occupied11,327
- Renter occupied5,787
- Ownership rate66.2 percent
- Median owner-occupied home value$233,000
- Median gross rent, monthly$1,037
- Annual rent as a share of median income18.1 percent
- Single family units12,453
- Share single family66.3 percent
- Units in buildings of two or more3,221
- Share in buildings of two or more17.1 percent
- Mobile homes3,033
- Median year structure built1982
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Farmington
How Farmington gets to work
- Workers 16 and over who commute17,726
- Commuting under 15 minutes8,635
- Share commuting under 15 minutes48.7 percent
- Commuting 30 minutes or more3,466
- Share commuting 30 minutes or more19.6 percent
- Drove alone83.9 percent
- Carpooled6.4 percent plus or minus 1.5
- Public transport0.0 percent
- Walked2.8 percent plus or minus 2.3
- Worked from home6.1 percent plus or minus 1.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Farmington
SBA loans in Farmington (7(a))
- Approvals54
- Gross approval$48,550,900
- Average approval$899,091
- Median approval$199,750
- Ninetieth percentile approval$3,410,000
- Largest approval$5,000,000
- Jobs supported727
- Jobs per approval13.5
- Loans with a final outcome10
- Paid in full10
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more24.1 percent
- Share to franchises24.1 percent
- Distinct lenders24
- Distinct industries by NAICS38
Counted by borrower city: approvals to borrowers whose address is in Farmington, in any county, FY2020 to FY2026. Only 10 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Farmington
SBA loans in Farmington (504)
- Approvals18
- Gross approval$10,590,000
- Average approval$588,333
- Median approval$331,500
- Largest approval$2,396,000
- Jobs supported529
- Loans with a final outcome6
- Charged off0
- Median term270 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Farmington, in any county, FY2010 to FY2026. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Farmington
Flood risk in Farmington
- NFIP communityCity of Farmington
- NFIP community number350067
- Participating in the NFIPYes
- Community Rating System classClass 8
- Currently effective map date08/05/10
The City of Farmington participates in the National Flood Insurance Program as community 350067 and carries Community Rating System class 8, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
San Juan County, not Farmington
San Juan County context, not Farmington figures
- Establishments in San Juan County2,475
- Covered employment, San Juan County46,650
- Average annual pay, San Juan County$56,008
- Housing units permitted, San Juan County78
Every figure in this section is published for San Juan County as a whole and is not a measurement of Farmington.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Farmington questions, answered from the record.
How many people live in Farmington, New Mexico?
46,314, in 17,114 households. Farmington city covers 34.46 square miles of land, which is 1,344 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Farmington in?
San Juan County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Farmington?
$68,784. The median owner-occupied home is valued at $233,000. Median gross rent is $1,037 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Farmington businesses?
54 7(a) approvals totaling $48.6 m since FY2020, across 24 lenders, median approval $199,750, plus 18 504 approvals worth $10.6 m since FY2010. These count approvals to borrowers whose address is in Farmington, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Farmington borrowers get paid back?
No rate is published for Farmington. Only 10 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Farmington in the National Flood Insurance Program?
Yes. Farmington appears in the FEMA Community Status Book as Farmington, city of, community 350067, carrying Community Rating System class 8, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Farmington figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for San Juan County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Farmington.
Is zoning published for Farmington?
No. Nothing on this page presents parcel level zoning.