Farmington Hills, MI 48331 has a population of approximately 21,466 and experiences a population change rate of -6.67%. The population density is 2,310.2 / sq mi .
Farmington Hills, MI 48331 has a population of approximately 21,466 and experiences a population change rate of -6.67%. The population density is 2,310.2 / sq mi .
The median household income for Farmington Hills, MI 48331 is $111,471, with 9,152 households and an average household size of 2.4.
The median value of a home in Farmington Hills, MI 48331 is $381,500 with an appreciation rate of 11.20%. 74.59% of housing in the state is owned while 22.83% is rented.
The cost of living in Farmington Hills, MI 48331 is 126.9 %.
The unemployment rate in Farmington Hills, MI 48331 is 1.60%, and recent job growth is at 0.83%. Future job growth is projected at 45.92%.
The sales tax rate in Farmington Hills, MI 48331 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Farmington Hills, MI 48331 are $15,188, and the school ratio is 17:1.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 32.4 inches per year, with 41.5 inches of snow per year.