Small Business in Farmington
The city's median age is 37, and the average household size is 2.76, indicating a mix of young professionals, families, and retirees contributing to local economic activity. The median household income stands at $63,745, reflecting the community’s purchasing power and potential demand for various services. Farmington supports a diverse small business ecosystem, this particular report covers 26 home service industries, with 511 operating businesses.
Industries overview
Number of companies by home service industry in Farmington
| Category | Companies |
|---|---|
| 29 | |
| 19 | |
| 12 | |
| 57 | |
| 17 | |
| 28 | |
| 8 | |
| 5 | |
| 32 | |
| 14 | |
| 37 | |
| 41 | |
| 24 |
| Category | Companies |
|---|---|
| 27 | |
| 56 | |
| 29 | |
| 14 | |
| 47 | |
| 26 | |
| 46 | |
| 1 | |
| 15 | |
| 31 | |
| 25 | |
| 14 | |
| 12 |
New websites
38
+26.67%
in 2024 compared to 2023
Total websites
481
+8.62% (+38)
increase from 2023 to 2024
New websites
Recently created small business websites which provide services in Farmington
| Website | Created |
|---|---|
| Jan 28, 2025 | |
| Jan 24, 2025 | |
| Dec 30, 2024 | |
| Dec 13, 2024 | |
| Dec 11, 2024 | |
| Dec 01, 2024 | |
| Nov 30, 2024 | |
| Oct 07, 2024 | |
| Sep 09, 2024 | |
| Aug 27, 2024 |
New franchise locations
New home service franchise locations in Farmington
| Profile | Launched |
|---|---|
| Dec, 2024 | |
| Feb, 2023 | |
| Feb, 2022 | |
| Feb, 2022 | |
| Feb, 2021 | |
| Feb, 2021 | |
| Mar, 2019 | |
| Feb, 2019 | |
| Feb, 2019 | |
| Mar, 2018 | |
| Feb, 2018 | |
| Feb, 2018 |