Farmington Hills, Michigan is a town with a population of approximately 81,000. It's a comfortable place to settle down, as retirees account for a greater percentage of the population (19%) here than they do nationally (14%), while young adults appear in smaller numbers. Renters tend to be in the minority in the city, and 62% of residents own their homes. Relatively high rent costs may play a role, as the average rent of $1,197 a month is substantially higher than the state average of $874.
Farmington Hills residents have an average commute of about 27 minutes. Driving a car or truck is the typical mode of getting to work, selected by 48% of residents, while public transit is not extensively used. Few residents commute to work on foot.
Workers are spread across a plethora of industries in Farmington Hills. The four most common are manufacturing, healthcare, scientific, and retail. Combined, these industries make up 30% of the city's labor force. Meanwhile, looking at job function, many residents work in management, as 9% of the city's population reports this as their field of work, the highest number of any field. Farmington Hills workers earn an average annual income of around $92K, about $30,000 more than the average Michigan resident. The city's average income also compares favorably to the national average of $73,345. Compared to the national average (7%), Farmington Hills has a high concentration of residents older than 25 who have advanced degrees, as 15% have earned a Master's or a Doctoral degree. In addition, 21% have a Bachelor's degree, which also outpaces the national average.