Farmington Hills has a population of 83,562 with a median age of 41.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 83,562 |
| Median Age | 41.6 |
| White | 60.7% |
| Black or African American | 17.8% |
| Asian | 14.5% |
| Hispanic or Latino | 2.2% |
| Other / Two or More Races | 4.8% |
The median household income in Farmington Hills is $101,728, which is 35.4% above the national median of $75,149. The per capita income is $53,661. The poverty rate is 5.7%.
The unemployment rate in Farmington Hills is 4.8%, compared to the national rate of 5.4%.
In Farmington Hills, 95.5% of residents age 25+ have a high school diploma or higher, and 56.8% hold a bachelor's degree or higher (27.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.5% |
| Bachelor's Degree or Higher | 56.8% |
| Graduate or Professional Degree | 27.0% |
The median home value in Farmington Hills is $319,000, above the national median of $281,900. The median monthly rent is $1,401. The homeownership rate is 64.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $319,000 |
| Median Monthly Rent | $1,401 |
| Homeownership Rate | 64.3% |
| Vacancy Rate | 5.2% |
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