Demographics and Other Data
Community Information
Tax Rates
(Per $1,000 of State Equalized Valuation - in Farmington School
District)
| 2007 Primary residence exemption |
$37.9751 |
| 2007 Non-primary residence exemption |
$47.5967 |
2007 Local Unit Tax Rates For All
Cities and Major Townships in Oakland County
2007 Tax Comparison For All Local Units
of Government in Oakland County
State Equalized Value
| 2005 |
$4,727,926,950 |
| 2006 |
$4,865,188,050 |
| 2007 |
$4,945,217,110 |
Land Use 2007
| Type |
Subtotals Acres |
Total Acres |
Percent of Developed |
Percent of Total |
| Residential |
|
11145 |
53.7 |
52 |
| |
Single-Family |
9211 |
|
44.4 |
42.9 |
| |
Single-Family Cluster |
527 |
|
2.5 |
2.5 |
| |
Two-Family |
8 |
|
0 |
0 |
| |
Multiple Family |
1359 |
|
6.6 |
6.3 |
| |
Mobile Home |
40 |
|
0.1 |
0.1 |
| Business |
|
576 |
2.8 |
2.7 |
| Office |
|
710 |
3.4 |
3.3 |
| IRO |
|
258 |
1.2 |
1.2 |
| Industrial |
|
644 |
3.1 |
3 |
| Utility |
|
40 |
0.1 |
0.1 |
| Public |
|
980 |
4.7 |
4.6 |
| |
Buildings |
110 |
|
0.5 |
0.5 |
| |
Parks |
405 |
|
2 |
1.9 |
| |
School-Owned |
465 |
|
2.2 |
2.2 |
| Quasi-Public |
|
2077 |
10 |
9.7 |
| |
Institutional |
793 |
|
3.8 |
3.7 |
| |
Private Recreation |
1284 |
|
6.2 |
6 |
| Golf Course |
|
573 |
2.8 |
2.7 |
| Street R.O.W. |
|
3740 |
18 |
17.4 |
| Total Developed |
|
20743 |
100.00% |
96.7 |
| Vacant |
|
703 |
|
3.3 |
Transportation Access
By Road
Major Expressways located within or near Farmington Hills include:
I-96, I-696, I-275, and the M-5 Connector.
Public Transportation is available along major thoroughfares via bus
routes from SMART
(Suburban Mobility Authority for Regional Transportation)
By Air
Farmington Hills is conveniently located within a
short drive of five airports:
By Train
Travel by train is available at these nearby
stations:
Major Medical
Major Universities
Business Information
Employment
(Source: November
2007
U.S. Bureau of Labor Statistics)
| Farmington Hills Civilian Unemployment |
6.4% |
| (Based on Warren-Troy-Farmington Hills Statistical Area) |
|
| State of Michigan Civilian Unemployment |
7.6% |
Employment by Industrial Class
(Source:
ESRI 2007 Forecast)

Employment by Occupation
(Source:
ESRI 2007 Forecast)

Major Employers
The Top Five Employers in Farmington Hills are:
For a complete list of major employers located in Farmington
Hills,
click here.
Average Rent
(Source:
CB Richard Ellis, Feb 2008)
| Class A |
$22.46 |
| Class B |
$19.22 |
| Class C |
$14.59 |
| Overall Average |
$19.61 |
Vacancy Rate
(Source:
CB Richard Ellis, Feb 2008)
| Percent Vacant Office Space |
13.97% |
Demographics
Population and Households (Source:
SEMCOG as of Jan 2008)
| Total Population |
80,280 |
| Total Households |
33,754 |
Population by Age
(Source:
ESRI 2007 Forecast)

Population by Race
(Source:
ESRI 2007 Forecast)

Highest Level of Education
(Source:
SEMCOG)

Household Income
(Source:
ESRI 2007 Forecast)
| Median Household Income |
$83,378 |
| Per Capita Income |
$47,644 |
| Median Home Value |
$280,314 |
