Farmington, Michigan Demographics & Population 2026
During the 2020–2024 ACS period, Farmington, Michigan had a total population of 11,504, the 90th largest city in Michigan, with a median household income of $97,750, which is 34% higher than the state average. The poverty rate is 4.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 34% above the state average — one of the wealthiest communities in Michigan.
- An exceptionally low poverty rate of 4.8% — among the lowest in Michigan.
- 62.4% of adults hold a bachelor's degree or higher — top 10% in Michigan.
Farmington Quick Facts
How Farmington Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 11,472 | 11,504 | +0.3% |
| Median household income | $94,115 | $97,750 | +3.9% |
| Median home value | $273,000 | $297,200 | +8.9% |
How Farmington Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 45 | National average: 61
Education
Educational Attainment (Adults 25+)
Farmington Rankings in Michigan
Explore Michigan Rankings
Other Cities in Oakland County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Troy | 87,898 | $120,045 | 5.4% | $420,300 |
| Farmington Hills | 83,515 | $104,836 | 7.6% | $354,500 |
| Rochester Hills | 77,089 | $120,694 | 5.2% | $409,800 |
| Southfield | 76,236 | $68,166 | 10.3% | $236,200 |
| Novi | 66,717 | $110,723 | 5.4% | $421,900 |
| Pontiac | 62,104 | $44,329 | 24.4% | $121,700 |
| Royal Oak | 57,950 | $101,109 | 6.2% | $328,700 |
| Oak Park | 29,318 | $71,510 | 12.0% | $212,300 |
| Madison Heights | 28,419 | $69,503 | 10.8% | $199,100 |
| Auburn Hills | 25,105 | $84,375 | 11.1% | $245,000 |
Cities Similar to Farmington
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Clawson | 11,374 | $88,636 | $267,100 | 45.8% | 5.9% |
| South Lyon | 11,950 | $92,467 | $294,600 | 47.2% | 4.0% |
| New Baltimore | 12,072 | $106,033 | $323,200 | 30.4% | 5.4% |
| Fenton | 11,906 | $80,000 | $235,900 | 39.2% | 6.9% |
| Grosse Pointe Park | 11,319 | $124,111 | $473,100 | 73.3% | 4.9% |
Population Overview
Farmington is a small city located in Michigan, within Oakland County. The total population is 11,504. It ranks as the 90th most populous out of 745 Census-designated places in Michigan.
Age Demographics
The median age in Farmington is 39.0 years. This is 3% lower than the state median of 40.2 years.
Economy, Income & Housing
The median household income in Farmington is $97,750. This is 34% higher than the state median of $72,875. It is also 21% higher than the national median of $80,734. The poverty rate stands at 4.8%. This is 63% lower than the state poverty rate of 13.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.9%. This is 32% lower than the state rate of 5.7%. The median home value is $297,200. Housing costs are 28% higher than the state median of $231,600. The home-value-to-income ratio is 3.0x. 61.7% of occupied housing units are owner-occupied. This homeownership rate is 16% lower than the state average of 73.2%.
Race & Ethnicity
The largest racial or ethnic group in Farmington is White (non-Hispanic), making up 59.3% of the population. Asian residents account for 23.9%. The Asian population is significantly higher than the state average (23.9% vs 3.4%).
Education
62.4% of residents aged 25 and older hold a bachelor's degree or higher. This places Farmington in the top 10% of all cities in the state for educational attainment. This is 92% higher than the state rate of 32.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.3%. Notably, 27.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Farmington, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Farmington, Michigan?
Farmington, Michigan has a population of 11,504 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Farmington, MI?
The median household income in Farmington is $97,750, which is 21% higher than the national median of $80,734.
What is the poverty rate in Farmington, MI?
The poverty rate in Farmington is 4.8%. This means approximately 553 residents live below the federal poverty line.
What is the racial makeup of Farmington, Michigan?
Farmington's population is 59.3% White, 6.7% Black, 3.7% Hispanic/Latino, and 23.9% Asian.
What is the median home value in Farmington, MI?
The median home value in Farmington is $297,200. The home-value-to-income ratio is 3.0x.
How educated is Farmington, Michigan?
62.4% of adults (25+) in Farmington hold a bachelor's degree or higher, and 27.2% hold a graduate or professional degree.