Community Information
Tax Rates
(Per $1,000 of State Equalized Valuation - in Farmington School District)
2014 Primary residence exemption: $42.6129
2014 Non-primary residence exemption: $51.1257
2013 Local Unit Tax Rates For All Cities and Major Townships in Oakland County
2013 Tax Comparison For All Local Units of Government in Oakland County
State Equalized Value
2008 |
$4,743,497,740 |
2009 |
$4,297,748,050 |
2010 |
$3,696,814,750 |
2011 |
$3,314,116,800 |
2012 |
$3,108,123,820 |
2013 |
$3,084,995,820 |
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: U.S. Bureau of Labor Statistics)
- Farmington Hills Civilian Unemployment: 6.40% (Based on Warren-Troy-Farmington Hills Statistical Area)
- State of Michigan Civilian Unemployment: 6.70%
Employment by Industrial Class
(Source: ESRI Forecast for 2014)
Services |
50% |
Unclassified |
11% |
Finance / Insurance / Real Estate |
10% |
Retail |
10% |
Construction |
6% |
Wholesale Trade |
5% |
Manufacturing |
4% |
Transportation |
2% |
Agriculture / Mining |
2% |
Communication |
1% |
Public Administration |
0% |
Utility |
0% |

Employment by Occupation
(Source: ESRI Forecast for 2014)
Professional |
32% |
Management / Business/ Financial |
19% |
Services |
14% |
Sales |
12% |
Administrative Support |
11% |
Production |
5% |
Transportation / Material Moving |
3% |
Construction / Extraction |
2% |
Installation / Maintenance / Repair |
1% |
Farming / Forestry / Fishing |
0% |

Major Employers
The Top Five Employers in Farmington Hills are:
Average Rent
(Source: Colliers International, 4Q2014)
Class A |
$20.08 |
Class B |
$17.36 |
Class C |
$14.66 |
Overall Average |
$17.55 |
Vacancy Rate
(Source: Colliers International, 4Q2014)
- Percent Vacant Office Space: 16.1%
Demographics
Population and Households
(Source: ESRI Forecast for 2014)
- Total Population: 80,823
- Total Households: 34,350
Population by Age
(Source: ESRI Forecast for 2014)
0-4 |
5% |
5-9 |
5% |
10-14 |
6% |
15-19 |
6% |
20-24 |
6% |
25-34 |
12% |
35-44 |
12% |
45-54 |
15% |
55-64 |
15% |
65-74 |
10% |
75-84 |
5% |
85+ |
3% |

Population by Race/Ethnicity
(Source: ESRI Forecast for 2014)
White Alone |
66.30% |
Black Alone |
19.50% |
Asian Alone |
11.10% |
Two or More Races |
2.40% |
Some Other Race Alone |
0.50% |
American Indian Alone |
0.20% |
Pacific Islander Alone |
0% |

Population 25+ by Educational Attainment
(Source: ESRI Forecast for 2014)
Bachelor's Degree |
28.5 |
Graduate / Professional Degree |
22.9 |
Some College, No Degree |
19.2 |
High School Graduate |
15.2 |
Associate Degree |
6.3 |
9th-12th Grade, No Diploma |
4 |
<9th Grade |
2.4 |
GED / Alternative Credential |
1.6 |

Households By Income
(Source: ESRI Forecast for 2014)
- Median Household Income: $66,542
- Per Capita Income: $40,915
- Median Home Value: $232,878
<$15,000 |
7.7 |
$15,000 - $24,999 |
9.2 |
$25,000 - $34,999 |
8.2 |
$35,000 - $49,999 |
11.7 |
$50,000 - $74,999 |
17.8 |
$75,000 - $99,000 |
13.9 |
$100,000 - $149,999 |
12.2 |
$150,000 - $199,999 |
9.8 |
$200,000+ |
9.4 |
