---
title: 27. Farmington, MI
description: 'Top 50 rank: 27 Population: 10,378 Farmington is largely residential, with most residents commuting to other Detroit metro towns for jobs in information technology, engineering…'
authors:
  - name: timestaff
    url: https://money.com/author/timestaff/
    articles: 459
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    former_staff: true
published: '2014-05-30T15:13:01.000Z'
modified: '2014-05-30T15:13:01.000Z'
section: Everyday Money
tags:
  - buying a home
  - Farmington
  - home prices
  - Housing Market
  - Michigan
  - real estate
  - selling a home
canonical: https://money.com/collection-post/27-farmington-mi/
type: Article
source: structured-blocks
---

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![201309_BPL_FARMINGTONMI](https://img.money.com/2014/05/201309_bpl_farmingtonmi.jpg)
*Farmington, MI*

**Top 50 rank**: 27

**Population**: 10,378

Farmington is largely residential, with most residents commuting to other Detroit metro towns for jobs in information technology, engineering or the auto industry. Homes are extremely affordable, with a median sale price just over $100,000. Farmington boasts a historical downtown, alongside some more modern shops and restaurants. The area is currently being renovated, with over $3 million invested toward increasing retail opportunities and walkability. *\--H.L.*

<table style="height:53px"><tbody><tr><td><h3 class="collection-subhead">Farmington, MI</h3></td><td><h3 class="collection-subhead">Town stats</h3></td></tr></tbody></table>

<table style="height:177px"><tbody><tr><td>Median family income (per year)</td><td>$81,117</td></tr><tr><td>Job growth % (2010-2012)</td><td>3.32%</td></tr><tr><td>Median home price (2012)</td><td>$118,525</td></tr><tr><td>Reading test scores (% above/below average)</td><td>19.9%</td></tr><tr><td>Math test scores (% above/below average)</td><td>53.4%</td></tr><tr><td>Personal crime incidents (per 1,000)</td><td>1</td></tr><tr><td>Property crime incidents (per 1,000)</td><td>15</td></tr></tbody></table>

<table style="height:234px"><tbody><tr><td><h3 class="collection-subhead">Financials</h3></td><td></td></tr><tr><td>Median family income (per year)</td><td>$81,117</td></tr><tr><td>Family purchasing power (annual, cost-of-living adjusted)</td><td>$83,557</td></tr><tr><td>Sales tax (state)</td><td>6.00%</td></tr><tr><td>State income tax rate (highest bracket)</td><td>4.25%<sup>I</sup></td></tr><tr><td>State income tax rate (lowest bracket)</td><td>4.25%<sup>I</sup></td></tr><tr><td>Auto insurance premiums (Average price quotes, for the state)</td><td>$2,108</td></tr><tr><td>Job growth % (2010-2012)</td><td>3.32%</td></tr></tbody></table>

<table style="height:103px"><tbody><tr><td><h3 class="collection-subhead">Housing</h3></td></tr><tr><td>Median home price (2012)</td><td>$118,525</td></tr><tr><td>Average property taxes (2012)</td><td>$2,487</td></tr></tbody></table>

<table style="height:153px"><tbody><tr><td><h3 class="collection-subhead">Education</h3></td></tr><tr><td>Colleges, universities and professional schools (within 30 miles)</td><td>32</td></tr><tr><td>Reading test scores (% above/below state average)</td><td>19.9%</td></tr><tr><td>Test scores math (% above/below average)</td><td>53.4%</td></tr><tr><td>% students attending public/private schools (located within town limits)</td><td>69.2/30.8</td></tr></tbody></table>

<table style="height:203px"><tbody><tr><td><h3 class="collection-subhead">Quality of life</h3></td></tr><tr><td>Air quality index* (% of days AQI ranked as good)</td><td>76.2%</td></tr><tr><td>Personal crime incidents (per 1,000)</td><td>1</td></tr><tr><td>Property crime incidents (per 1,000)</td><td>15</td></tr><tr><td>Median commute time (in minutes)</td><td>21.5</td></tr><tr><td>% population with commute 45 mins. or longer</td><td>10.0%</td></tr><tr><td>% population walk or bike to work</td><td>1.0%</td></tr></tbody></table>

<table style="height:253px"><tbody><tr><td><h3 class="collection-subhead">Leisure and culture</h3></td></tr><tr><td>Movie theaters (within 15 miles)</td><td>41</td></tr><tr><td>Restaurants (within 15 miles)</td><td>3,951</td></tr><tr><td>Bars (within 15 miles)</td><td>451</td></tr><tr><td>Public golf courses (within 30 miles)</td><td>270</td></tr><tr><td>Libraries (within 15 miles)</td><td>82</td></tr><tr><td>Museums (accredited by AAM; within 30 miles)</td><td>6</td></tr><tr><td>Ski resorts (within 100 miles)</td><td>N.A.</td></tr><tr><td>Arts funding (Dollars per person of state funds spent on arts)</td><td>0.2</td></tr></tbody></table>

<table style="height:153px"><tbody><tr><td><h3 class="collection-subhead">Weather</h3></td></tr><tr><td>Annual rainfall (inches)</td><td>32.89</td></tr><tr><td>% clear days in the area</td><td>49%</td></tr><tr><td>High temp in July ° F</td><td>85.7°</td></tr><tr><td>Low temp in Jan ° F</td><td>16.1°</td></tr></tbody></table>

<table style="height:178px"><tbody><tr><td><h3 class="collection-subhead">Meet the neighbors</h3></td></tr><tr><td>Median age</td><td>39.1</td></tr><tr><td>Completed at least some college (% of residents)</td><td>76.2%</td></tr><tr><td>Married %</td><td>53.2%</td></tr><tr><td>Divorced %</td><td>10.9%</td></tr><tr><td>Racial diversity index (100 is national average; higher numbers indicate greater diversity)</td><td>125.6</td></tr></tbody></table>

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