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Economy, jobs and prices in Farmington Hills, Michigan: official figures

The median household income in Farmington Hills was $104,836 a year in the 2020-2024 American Community Survey (in 2024 dollars), 195th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Michigan median $72,875.

Median household income
$104,836
2020-2024
Unemployment rate (ACS)
5.2%
2020-2024
Mean travel time to work
24.7 min
2020-2024
Median gross rent (monthly)
$1,551
2020-2024
Median home value (owner-occupied)
$354,500
2020-2024
Homes occupied by their owners
64.7%
2020-2024
Households with a broadband subscription
93.5%
2020-2024

What is the per capita income in Farmington Hills?

Income per resident (per capita income) in Farmington Hills averaged $56,976 a year in 2020-2024, 146th highest of 823 US cities of 50,000 or more (US: $44,673; Michigan: $40,735).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Farmington Hills?

Farmington Hills' Gini index of household income inequality was 0.436 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 324th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Farmington Hills, Michigan?

5.2% of the civilian labor force in Farmington Hills was unemployed on average over 2020-2024 (2,463 people), 411th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Michigan's 5.7%.

Source: U.S. Census Bureau · saved copy

What share of people in Farmington Hills are working?

66.9% of Farmington Hills' 70,359 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 329th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Farmington Hills have jobs?

44,585 residents of Farmington Hills held civilian jobs, 63.4% of those aged 16 and over (US: 59.7%), and 38 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Farmington Hills?

The largest industry group for working residents of Farmington Hills was education, health care and social assistance (19.9% of employed residents), followed by manufacturing (18.8%) and professional, scientific, management and administrative services (18.2%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Farmington Hills work in manufacturing?

Manufacturing employed 18.8% of working residents of Farmington Hills, 30th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 18.2% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Farmington Hills, Michigan?

Commuters in Farmington Hills took 24.7 minutes on average to get to work in 2020-2024, 405th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 4.4% travelled an hour or more and 21.5% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Farmington Hills get to work?

22.8% of workers living in Farmington Hills worked from home in 2020-2024, 145th highest of 823 US cities of 50,000 or more (US: 15.1%). 69.6% drove to work alone, 5.3% carpooled, 0.2% used public transport and 0.8% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Farmington Hills, Michigan?

The median gross rent (rent plus utilities) in Farmington Hills was $1,551 a month in 2020-2024, 391st lowest of 823 US cities of 50,000 or more (US: $1,413; Michigan: $1,129).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Farmington Hills?

Owner-occupied homes in Farmington Hills had a median value of $354,500 in 2020-2024 as estimated by their owners, 347th lowest of 823 US cities of 50,000 or more (US: $332,700; Michigan: $231,600).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Farmington Hills?

The median home value in Farmington Hills was 3.4 times the median household income, 159th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Farmington Hills, Michigan own their home?

64.7% of the 35,529 occupied homes in Farmington Hills were lived in by their owners in 2020-2024 and 12,538 were rented, 253rd highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Michigan: 73.2%).

Source: U.S. Census Bureau · saved copy

What share of homes in Farmington Hills have broadband?

93.5% of households in Farmington Hills had a broadband internet subscription of some type in 2020-2024, 331st highest of 823 US cities of 50,000 or more (US: 91.0%; Michigan: 90.5%).

Source: U.S. Census Bureau · saved copy

How many households in Farmington Hills have no internet?

4.9% of households in Farmington Hills (1,755) had no internet access at home in 2020-2024, 396th highest of 823 US cities of 50,000 or more (US: 6.5%); 7.9% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Farmington Hills compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Farmington Hills ranks 195 of 823, highest first.

RankCityMedian household income (2024 dollars)
192Pasadena$105,192
193Tinley Park$105,189
194Redlands$105,041
195Farmington Hills$104,836
196Overland Park$104,834
197Chino$104,682
198Sandy Springs$104,340
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Farmington Hills ranks 146 of 823, highest first.

RankCityPer capita income (2024 dollars)
143San Diego$57,083
144Portland$57,029
145Wellington$57,019
146Farmington Hills$56,976
147Parker$56,841
148Edmond$56,320
149Burbank$56,287
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Farmington Hills ranks 500 of 823, highest first.

RankCityGini index of household income inequality
497Kennewick0.437
498Bismarck0.437
499Daly City0.437
500Farmington Hills0.436
501Nashua0.436
502Virginia Beach0.436
503Independence0.436
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Farmington Hills ranks 413 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
410Owensboro5.3%
411Fort Lauderdale5.3%
412Alhambra5.3%
413Farmington Hills5.2%
414Grand Prairie5.2%
415Norwalk5.2%
416Harlingen5.2%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Farmington Hills ranks 329 of 823, highest first.

RankCityLabor force participation rate (16 and over)
326Casper67.0%
327Alameda67.0%
328Parma66.9%
329Farmington Hills66.9%
330Lynn66.9%
331Bloomington66.9%
332Tampa66.9%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Farmington Hills ranks 405 of 823, highest first.

RankCityMean travel time to work (minutes)
402Sterling Heights24.7
403New Bedford24.7
404Mesa24.7
405Farmington Hills24.7
406Lawrence24.7
407Waltham24.7
408Mooresville24.7
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Farmington Hills ranks 145 of 823, highest first.

RankCityWorkers who worked from home
142Peoria22.8%
143Sandy22.8%
144Novi22.8%
145Farmington Hills22.8%
146Arcadia22.7%
147Wylie22.7%
148Troy22.5%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Farmington Hills ranks 707 of 823, highest first.

RankCityWorkers commuting by public transportation
704Ankeny0.2%
705Concord0.2%
706Bowling Green0.2%
707Farmington Hills0.2%
708Lake Elsinore0.2%
709Longview0.2%
710St. Joseph0.2%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Farmington Hills ranks 30 of 823, highest first.

RankCityEmployed residents working in manufacturing
27Waterloo19.6%
28Janesville19.4%
29Royal Oak18.9%
30Farmington Hills18.8%
31Springfield18.8%
32Owensboro18.5%
33Fort Wayne18.5%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Farmington Hills ranks 668 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
665Flower Mound19.9%
666Mesa19.9%
667North Richland Hills19.9%
668Farmington Hills19.9%
669Mountain View19.9%
670Paterson19.9%
671Clearwater19.9%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Farmington Hills ranks 433 of 823, highest first.

RankCityMedian gross rent per month
430Bloomington$1,561
431Reno$1,556
432Skokie$1,552
433Farmington Hills$1,551
434Palatine$1,549
435Paterson$1,548
436St. George$1,545
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Farmington Hills ranks 477 of 823, highest first.

RankCityMedian value of owner-occupied homes
474Burnsville$355,200
475Warwick$354,600
476Sunrise$354,500
477Farmington Hills$354,500
478New Brunswick$353,800
479Concord$353,700
480Richmond$353,000
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Farmington Hills ranks 662 of 820, highest first.

RankCityMedian home value as a multiple of median household income
659Schaumburg3.4x
660Mesquite3.4x
661Meriden3.4x
662Farmington Hills3.4x
663Oklahoma City3.4x
664Noblesville3.4x
665Omaha3.4x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Farmington Hills ranks 253 of 823, highest first.

RankCityOccupied homes lived in by their owners
250Billings64.8%
251Fountain Valley64.8%
252Coconut Creek64.8%
253Farmington Hills64.7%
254Murray64.7%
255Boynton Beach64.7%
256Union City64.7%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Farmington Hills ranks 331 of 823, highest first.

RankCityHouseholds with a broadband subscription
328Conway93.6%
329Columbus93.6%
330Sacramento93.5%
331Farmington Hills93.5%
332Southaven93.5%
333Westminster93.5%
334Manteca93.5%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Farmington Hills ranks 396 of 823, highest first.

RankCityHouseholds with no internet access
393Stillwater5.0%
394Everett4.9%
395Flagstaff4.9%
396Farmington Hills4.9%
397Joliet4.9%
398Long Beach4.9%
399Turlock4.9%
Source: U.S. Census Bureau · saved copy

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