Farmington Michigan Real Estate
Farmington, Michigan, is located in Oakland County, 0 miles 0 of Farmington Hills, Michigan and 17 miles NW of Detroit, Michigan. Farmington has a population of 10,423.
Farmington Homes
Farmington properties pool is 4,825 residential properties including Farmington new homes. Median age of real estate in Farmington is 1965. Average Household size is 2.86 people. 5% are one bedroom homes, 18% are 2 bedroom homes, 52% are 3 bedroom homes, 22% are 4 bedroom homes, and 2% are 5+ bedroom homes.
Farmington Mortgage Statistics
Farmington mortgages vs. USA median statistics
Homes |
Farmington |
USA |
Homes With No Mortgage |
27% |
30% |
Homes With Mortgage |
73% |
70% |
First Mortgage Only |
58% |
54% |
First & Second Mortgage or HELOC |
15% |
16% |
Farmington Area Real Estate Tax
Farmington Real estate Tax: Median Real Estate Taxes (2000) were $3,145 comparing to 1999 Median Family income $ 75,578. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Farmington School District: Children make up 20% of Farmington population. Farmington has 2,088 under 18 years old residents, or 0.4 kids per one worker, or 0.43 kids per one household.
Farmington Real Estate & Farmington Homeownership
There are 1833.5 or 38% one person households, 1544 or 32% two person households, and 675.5 or 14% three person households in Farmington, Michigan. Median residents age is 40.4, Senior citizens (65+) make up 2,132 or 20.5%% of Farmington population.
There are 5,223 workers (over 16 years of age) in Farmington. Of these, 94.95% drive to work. Approximately 0.13% of workers in Farmington take public transportation. An estimated 1.19% walk to work.
Median Farmington homeowner's housing expences are 18%
Crime in Farmington (2003), crimes per 10,000 residents per year
Type of Crime |
Farmington |
USA, 2003 |
Violent Crimes |
19.19 |
47.5 |
Robberies |
1.92 |
14.2 |
Aggravated Assaults |
16.31 |
29.5 |
Property Crimes |
229.3 |
358.8 |
Burglaries |
34.54 |
74.0 |
Larceny-Thefts |
176.53 |
241.5 |
Motor Vehicle Thefts |
18.23 |
43.3 |
Invest in Farmington Properties
When making a decision about buying real estate in Farmington Michigan area, you should consider following statistical data:
Category |
Farmington |
USA |
Near Medium City |
Farmington Hills, Michigan |
- |
Near Large City |
Detroit, Michigan |
- |
Farmington Zip Codes |
48331, 48334, 48335, 48336 |
- |
Farmington Area Codes |
248 |
- |
White population |
85.67% |
75.1% |
African-American population |
2.73% |
12.3% |
Asian |
10.08% |
3.6% |
American Indian & Alaskan |
0.18% |
0.9% |
Hispanic (of any race) |
1.2% |
12.5% |
Median Family Income (1999) |
$ 75,578% |
$42,000 |
Population Below Poverty Level |
3.28% |
12.4% |
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