HomeMichiganOakland CountyFarmington Hills city
Farmington Hills city, Michigan: commercial real estate data.
Farmington Hills city is a Census city of 83,515 people across 33.27 square miles of land, in Oakland County. Median household income is $104,836, 64.7 percent of occupied homes are owned, and the SBA record carries 148 7(a) approvals to borrowers here worth $67.0 m.
83 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Farmington Hills
What Farmington Hills is
- Census place typecity
- Land area33.27 sq mi
- Water area0.03 sq mi
- Population per square mile of land2,510
- County holding the largest share of its areaOakland County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Farmington Hills
How many people live in Farmington Hills
- Population83,515
- Median age42.6
- Population under 1814,873
- Share under 1817.8 percent
- Population 65 and over17,678
- Share 65 and over21.2 percent
- Households35,529
- Family households22,699
- Share of households that are families63.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Farmington Hills
Income and work in Farmington Hills
- Median household income$104,836
- Per capita income$56,976
- Civilian labor force47,048
- Employed44,585
- Unemployed2,463
- Unemployment rate5.2 percent
- Adults 25 and over61,383
- Adults 25 and over with a high school diploma or higher96.0 percent
- Adults 25 and over with a bachelor degree or higher57.6 percent
- Adults 25 and over with a graduate degree27.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Farmington Hills
Housing in Farmington Hills
- Housing units38,107
- Occupied units35,529
- Vacant units2,578
- Vacancy rate6.8 percent
- Owner occupied22,991
- Renter occupied12,538
- Ownership rate64.7 percent
- Median owner-occupied home value$354,500
- Median gross rent, monthly$1,551
- Annual rent as a share of median income17.8 percent
- Single family units24,051
- Share single family63.1 percent
- Units in buildings of two or more13,417
- Share in buildings of two or more35.2 percent
- Mobile homes639 plus or minus 232
- Median year structure built1978
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Farmington Hills
How Farmington Hills gets to work
- Workers 16 and over who commute34,003
- Commuting under 15 minutes7,324
- Share commuting under 15 minutes21.5 percent
- Commuting 30 minutes or more12,898
- Share commuting 30 minutes or more37.9 percent
- Drove alone69.6 percent
- Carpooled5.3 percent plus or minus 1.1
- Public transport0.2 percent plus or minus 0.2
- Walked0.8 percent plus or minus 0.3
- Worked from home22.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Farmington Hills
SBA loans in Farmington Hills (7(a))
- Approvals148
- Gross approval$66,959,300
- Average approval$452,428
- Median approval$167,000
- Ninetieth percentile approval$1,200,000
- Largest approval$5,000,000
- Jobs supported1,830
- Jobs per approval12.4
- Loans with a final outcome25
- Paid in full25
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more6.8 percent
- Share to franchises12.8 percent
- Distinct lenders30
- Distinct industries by NAICS85
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Farmington Hills
SBA loans in Farmington Hills (504)
- Approvals34
- Gross approval$17,766,000
- Average approval$522,529
- Median approval$490,000
- Largest approval$1,211,000
- Jobs supported703
- Loans with a final outcome17
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Farmington Hills
Flood risk in Farmington Hills
- Listed NFIP communities1
- Of those, participating1
- Best Community Rating System classClass 10
- NFIP community number260172
- Currently effective map date09/29/06
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Oakland County, not Farmington Hills
Oakland County context, not Farmington Hills figures
These are Oakland County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Farmington Hills measurements.
- Establishments in Oakland County39,792
- Employment at those establishments, Oakland County733,671
- Covered employment, Oakland County723,862
- Average annual pay, Oakland County$77,917
- Average weekly wage, Oakland County$1,498
- Housing units permitted, Oakland County2,886
- Of those, single family, Oakland County1,870
- County product, 2024, Oakland County$143,144,361,000
- County product change over the prior year, Oakland County3.7 percent
- Average income of an arriving household, Oakland County$85,214
Every figure in this section is published for Oakland County as a whole and is not a measurement of Farmington Hills. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Farmington Hills questions, answered from the record.
How many people live in Farmington Hills, Michigan?
83,515, in 35,529 households. Farmington Hills city covers 33.27 square miles of land, which is 2,510 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Farmington Hills in?
Oakland County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Farmington Hills?
$104,836. The median owner-occupied home is valued at $354,500. Median gross rent is $1,551 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Farmington Hills businesses?
148 7(a) approvals totalling $67.0 m, across 30 lenders, median approval $167,000, plus 34 504 approvals worth $17.8 m. These count approvals to borrowers whose address is in Farmington Hills, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Farmington Hills borrowers get paid back?
Of the 25 loans that have reached a final outcome, 25 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Farmington Hills in the National Flood Insurance Program?
Yes. Farmington Hills appears in the FEMA Community Status Book as community 260172, carrying Community Rating System class 10, which is a premium discount for exceeding the programme minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Farmington Hills figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Oakland County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Farmington Hills.
Is zoning published for Farmington Hills?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.