Pros and Cons of Living In Farmington, Michigan. Is Farmington, MI a Nice Place To Live or Retire?

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Farmington, Michigan

Moving to Farmington In Michigan ? Is Farmington, MI a Nice Place To Live? Pros and Cons of Living in Farmington, Michigan. Find out the best and worst about to live, raise a family or retire in Farmington.

Farmington is a city in Oakland County in the U.S. state of Michigan. A northwestern suburb of Detroit, Farmington is located roughly 20 miles (32.2 km) from downtown Detroit, and is surrounded on most sides by the larger city of Farmington Hills. As of the 2020 census, the city had a population of 11,594.

The area is known for its historic downtown, elegant Victorian-style homes, and one of Michigan's top rated public school systems, Farmington Public Schools.

DEMOGRAPHICS

Population
10520
Unemployment
2.5%
47% NAT AVG.
Poverty
5.6%
60% NAT AVG.
Cost Of Living
99
1% NAT AVG.

ECONOMICS

Median Home Cost
$221500
4% NAT AVG.
Median Income
$78875
17% NAT AVG.
Median Rent
$1084
7% NAT AVG.
Overall Score
7.5

CRIME REPORT

Total Crime
38
85% NAT. AVG.
80% STATE AVG.
Violent Crime
4
90% NAT. AVG.
92% STATE AVG.
Property Crime
34
83% NAT. AVG.
76% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 18
Unemployed People
1 in 40
People Earning < $10,000
1 in 27
People Earning < $50,000
34.4%
People With Any Degree
1 in 1.5

ETHNICITY

Ethnicity Farmington USA
White 66.8% 60.1%
African American 9% 12.2%
American Indian 0% 0.6%
Asian 16.4% 5.6%
Hawaiian 0% 0.2%
Multiracial 4.3% 2.8%
Hispanic 2.5% 18.2%
Other 1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Farmington USA
Less than $10,000 3.7% 5.8%
$10,000 to $14,999 2.8% 4.1%
$15,000 to $24,999 6.4% 8.5%
$25,000 to $34,999 8.6% 8.6%
$35,000 to $49,999 12.9% 12.0%
$50,000 to $74,999 12.3% 17.2%
$75,000 to $99,999 17.8% 12.8%
$100,000 to $149,999 14.3% 15.6%
$150,000 to $199,999 12.3% 7.1%

EDUCATION

Education Farmington USA
< 9th Grade 0% 5.0%
9-12th Grade 2% 7.0%
High School or GED 13% 27.0%
Other College 19% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 35% 20.0%
Master's Degree 18% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 2% 1.0%
Farmington is a city in Michigan state in USA with a population of 10520 residents.. The poverty rate of Farmington is 5.6%, which is 60% lower than national average. The typical household in Farmington earns $78875 a year, compared to the national median of $67,500. Nearly 34.4% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Farmington remained 2.5%, which is 47% lower than national rate.

Cost of living in Farmington is 99, which is 1% lower than national average. In Farmington, only 57% of adults have a bachelor's degree and 28% have some college but no degree. Median home value in Farmington is $221500 , which is 4% lower than national average. While median income in Farmington remained $78875, which is 17% higher than national average.
Farmington Scorecard

Jobs85%

Housing80%

Affordability80%

Safety90%

Amenities90%

Diversity85%

Education95%

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