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Farmington Hills, MI 48335 has a population of approximately 22,619 and experiences a population change rate of 0.44%. The population density is 3,002.7 / sq mi .
The median household income for Farmington Hills, MI 48335 is $89,859, with 11,033 households and an average household size of 2.19.
The median value of a home in Farmington Hills, MI 48335 is $354,700 with an appreciation rate of 11.20%. 41.38% of housing in the state is owned while 53.43% is rented.
The cost of living in Farmington Hills, MI 48335 is 121.4 %.
The unemployment rate in Farmington Hills, MI 48335 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 48335 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Farmington Hills, MI 48335 are $15,188, and the school ratio is 17:1.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 15.6 degrees. The average rainfall is approximately 32.4 inches per year, with 36.6 inches of snow per year.