Farmington Hills is a city in Michigan state in USA with a population of 80937 residents.. The poverty rate of Farmington Hills is 6.8%, which is 51% lower than national average. The typical household in Farmington Hills earns $85152 a year, compared to the national median of $67,500. Nearly 28.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Farmington Hills, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Farmington Hills remained 4.7%, which is 0% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Farmington Hills, only 55% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Farmington Hills is 107, which is 7% higher than national average. Median home value in Farmington Hills is $270000 , which is 17% higher than national average. While median income in Farmington Hills remained $85152, which is 26% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.