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
Change Over Time (2013, 2023)
Population Change
+8.2%
10,594 → 11,460
over 10 years
Annual Pop. Growth
+0.79%
Compound annual growth rate
Median Income Change
+61.1%
$58,408 → $94,115
nominal, not inflation-adjusted
Annual Income Growth
+4.89%
Compound annual growth rate
Population Over Time
Total population for Farmington across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013, 2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts, real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
12,109
+649 from 2023 (11,460)
Projected Median Income 2030
$131,461
+$37,346 from 2023 ($94,115)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 10,594 | - | $58,408 | - |
| 2015 | 10,563 | -0.3% | $62,261 | +6.6% |
| 2017 | 10,625 | +0.6% | $66,453 | +6.7% |
| 2019 | 10,491 | -1.3% | $76,102 | +14.5% |
| 2021 | 11,484 | +9.5% | $84,558 | +11.1% |
| 2023 | 11,460 | -0.2% | $94,115 | +11.3% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.
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