HomeMichiganOakland CountyFarmington city
Farmington city, Michigan: commercial real estate data.
Farmington city is a Census city of 11,504 people across 2.66 square miles of land, in Oakland County. Median household income is $97,750, 61.7 percent of occupied homes are owned, and the SBA record carries 62 7(a) approvals to borrowers here worth $20.8 m.
81 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Farmington
What Farmington is
- Census place typecity
- Land area2.66 sq mi
- Water area0 sq mi
- Population per square mile of land4,320
- 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
How many people live in Farmington
- Population11,504
- Median age39.0
- Population under 182,142
- Share under 1818.6 percent
- Population 65 and over2,076
- Share 65 and over18.0 percent
- Households5,245
- Family households2,791
- Share of households that are families53.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Farmington
Income and work in Farmington
- Median household income$97,750
- Per capita income$54,364
- Civilian labor force6,329
- Employed6,083
- Unemployed246 plus or minus 145
- Unemployment rate3.9 percent plus or minus 2.3
- Adults 25 and over8,680
- Adults 25 and over with a high school diploma or higher96.3 percent
- Adults 25 and over with a bachelor degree or higher62.4 percent
- Adults 25 and over with a graduate degree27.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Farmington
Housing in Farmington
- Housing units5,512
- Occupied units5,245
- Vacant units267 plus or minus 164
- Vacancy rate4.8 percent plus or minus 3.0
- Owner occupied3,236
- Renter occupied2,009
- Ownership rate61.7 percent
- Median owner-occupied home value$297,200
- Median gross rent, monthly$1,340
- Annual rent as a share of median income16.5 percent
- Single family units3,212
- Share single family58.3 percent
- Units in buildings of two or more2,288
- Share in buildings of two or more41.5 percent
- Mobile homes12 plus or minus 20
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Farmington
How Farmington gets to work
- Workers 16 and over who commute4,459
- Commuting under 15 minutes1,195 plus or minus 254
- Share commuting under 15 minutes26.8 percent
- Commuting 30 minutes or more1,517
- Share commuting 30 minutes or more34.0 percent
- Drove alone64.2 percent
- Carpooled6.8 percent plus or minus 2.8
- Public transport0.0 percent
- Walked2.7 percent plus or minus 2.2
- Worked from home25.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Farmington
SBA loans in Farmington (7(a))
- Approvals62
- Gross approval$20,811,100
- Average approval$335,663
- Median approval$142,500
- Ninetieth percentile approval$950,000
- Largest approval$1,808,500
- Jobs supported830
- Jobs per approval13.4
- Loans with a final outcome10
- Paid in full10
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more19.4 percent
- Share to franchises17.7 percent
- Distinct lenders20
- Distinct industries by NAICS36
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Farmington
SBA loans in Farmington (504)
- Approvals11
- Gross approval$5,707,000
- Average approval$518,818
- Median approval$258,000
- Largest approval$2,579,000
- Jobs supported87
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Farmington
Flood risk in Farmington
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260171
- Currently effective map date09/29/06
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Oakland County, not Farmington
Oakland County context, not Farmington 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 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. 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 questions, answered from the record.
How many people live in Farmington, Michigan?
11,504, in 5,245 households. Farmington city covers 2.66 square miles of land, which is 4,320 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Farmington 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?
$97,750. The median owner-occupied home is valued at $297,200. Median gross rent is $1,340 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 businesses?
62 7(a) approvals totalling $20.8 m, across 20 lenders, median approval $142,500, plus 11 504 approvals worth $5.7 m. These count approvals to borrowers whose address is in Farmington, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Farmington borrowers get paid back?
Of the 10 loans that have reached a final outcome, 10 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 in the National Flood Insurance Program?
Yes. Farmington appears in the FEMA Community Status Book as community 260171, with no Community Rating System class, so no CRS discount applies. 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 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.
Is zoning published for Farmington?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.