All Countries
Farmington, MI
Full City Profile · Michigan · Wayne County County
4.0
/5.0
A
Great
11,472
Population
4,313/sq mi density
$94,115
Median Income
$53,845 per capita
$273,000
Home Value
$320,055 Zillow
$1,299
Median Rent
21.3% income on rent
48°F
Avg Temperature
260 sunny days/yr
57
Violent Crime/100K
784 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.8 / 5.0
$94,115 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$273,000 home value, $1,299/mo rent
F
Safety
1.0 / 5.0
57 violent crimes/100K
A+
Education
5.0 / 5.0
60.8% bachelor's degree or higher
Income Overview
Median Household Income
$94,115
25% above
US avg: $75,149
Per Capita Income
$53,845
38% above
US avg: $39,052
Unemployment Rate
2.3%
36% below
US avg: 3.6%
Poverty Rate
1.5%
88% below
US avg: 12.4%
Income Comparison: Farmington vs. U.S. Average
Each bar shows Farmington’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$94,115
125%
Per Capita
US: $39,052
$53,845
138%
IRS Avg AGI
US: $72,000
$64,888
90%
Avg Weekly Wage
US: $1,432
$1,469
103%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,469
3% above US avg ($1,432)
Mean Commute Time
24 min
13% below US avg (28 min)
Work From Home
21.9%
44% above US avg (15.2%)
Drive Alone
68.8%
6% below US avg (73.2%)
Public Transit
0.2%
97% below US avg (5.0%)
County GDP
$129,920M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
68.8%
Public Transit
0.2%
Work From Home
21.9%
Other
9.1%
Average commute time
24 minutes
US avg: 28 min
Business Landscape
Total Establishments
36,727
Restaurants
3,598
Healthcare
4,243
Retail
5,675
Manufacturing
1,388
Tax & Financial
IRS Avg Adjusted Gross Income
$64,888
10% below US avg ($72,000)
Avg Property Tax
$6,671
91% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $94,115 |
| Per Capita Income | $53,845 |
| IRS Avg Adjusted Gross Income | $64,888 |
| Avg Weekly Wage | $1,469 |
| County GDP | $129,920M |
Hardship Indicators
| Unemployment Rate | 2.3% |
| Poverty Rate | 1.5% |
| Gini Coefficient | 0.490 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 68.8% |
| Public Transit | 0.2% |
| Work From Home | 21.9% |
Businesses
| Total Establishments | 36,727 |
| Restaurants | 3,598 |
| Healthcare | 4,243 |
| Retail | 5,675 |
| Manufacturing | 1,388 |
Tax
| IRS Avg AGI | $64,888 |
| Avg Property Tax | $6,671 |