EconPulse

place

Farmington Hills city, Michigan

MI · population 83,515 · GEOID 2627440

No score yet. It is computed when the file is built.

Median gross rent is worse than the national figure.

U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · ±39 · pulled 2026-10-31

data 2026.10 · built 2026-10-31 · pulled 2026-10-31

Population

83,515

0.83% of Michigan · 83,515 of 10,077,761

Receipt U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · ±39 · pulled 2026-10-31

Unemployment

No unemployment series for this place.

Median gross rent

$1,551

worse than the United States

This place $1,551
Michigan $1,129
United States $1,413

Receipt U.S. Census Bureau · American Community Survey 5-Year · B25064 · 2020-2024 · pulled 2026-10-31

Output

No output series for this place.

Federal obligations

No federal obligations series for this place.

More about this place

Median age 42.6 U.S. Census Bureau · 2020-2024
Bachelor's degree or higher 57.6% U.S. Census Bureau · 2020-2024
Poverty rate 7.6% U.S. Census Bureau · 2020-2024
Labor force participation 66.9% U.S. Census Bureau · 2020-2024
Median home value $354,500 U.S. Census Bureau · 2020-2024
Median household income $104,836 U.S. Census Bureau · 2020-2024
Unemployment rate, five-year average 5.2% U.S. Census Bureau · 2020-2024
Consumer price index (United States) 336 U.S. Bureau of Labor Statistics · 2026-09-01
30-year fixed mortgage rate (United States) 7.2% Freddie Mac · 2026-10-29
Share of Michigan 0.83% U.S. Census Bureau · 2020-2024