Farmington, MI
Population 11,472 · Michigan
About Farmington, MI
Farmington is a mid-sized city in Michigan with a population of 11,472 residents. The median household income is $94,115 per year, which is above the national average. The median age in Farmington is 39.6 years.
Housing in Farmington has a median home value of $273,000 and median monthly rent of $1,299. Of the 5,434 total housing units, the majority are owner-occupied, with 3,345 owner-occupied and 1,840 renter-occupied units.
The unemployment rate in Farmington is 3.5% and the poverty rate is 4.0%. 60.8% of residents hold a bachelor's degree or higher. The average commute time is 24.1 minutes.
How Farmington Ranks in Michigan
Cost of Living in Farmington, MI
Compared to national averages, Farmington has a median household income of $94,115 (25% above the national median of $75,149). Home values average $273,000, which is 11% above the national median. Monthly rent at $1,299 is 12% above the US average of $1,163. Within Michigan, Farmington's income is 43% above the state average of $66,017, and home values are 49% above the state median of $183,391.
Why Live in Farmington, MI?
Farmington offers a strong local economy with a median household income of $94,115, well above the national average, and a strong job market with an unemployment rate of just 3.5%, and a well-educated community where 60.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.0%, better than the national average, and short commute times averaging just 24.1 minutes.
Farmington has a population of 11,472 with a median age of 39.6 years. Compare Farmington with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Farmington
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| East Grand Rapids | 11,394 | $168,487 | $488,500 | Compare |
| Grosse Pointe Park | 11,394 | $121,796 | $460,500 | Compare |
| Clawson | 11,314 | $86,630 | $250,800 | Compare |
| South Lyon | 11,825 | $83,822 | $280,900 | Compare |
| Niles | 11,838 | $47,815 | $115,400 | Compare |
| Sturgis | 11,077 | $60,640 | $129,400 | Compare |
| Fenton | 11,950 | $83,077 | $211,700 | Compare |
| Grand Haven | 10,966 | $60,665 | $242,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Farmington
What is the population of Farmington, MI?
The population of Farmington, MI is 11,472 according to the latest Census data.
What is the median household income in Farmington?
The median household income in Farmington, MI is $94,115 per year.
What is the median home value in Farmington?
The median home value in Farmington, MI is $273,000.
What is the average rent in Farmington?
The median monthly rent in Farmington, MI is $1,299.
What is the unemployment rate in Farmington?
The unemployment rate in Farmington, MI is 3.5%.