What percentage of people rent in Farmington Hills, MI?
35.3% (±2.1 points) of the occupied homes in Farmington Hills, MI are rented (2020–2024 American Community Survey).
That is 12,538 renting households against 22,991 that own their home.
In Farmington Hills, the share of households that rent went from 37.4% in 2015–2019 to 35.3% in 2020–2024 (−2.1 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 35.3% (±2.1 points)
- Renting households
- 12,538 (±848)
- Median renter income
- $67,386 (±$7,797)
Who rents and who owns in Farmington Hills
| Farmington Hills | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 35.3% (±2.1 points) | 27.3% (±0.4 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 12,538 (±848) | 144,960 (±2,325) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 22,991 (±768) | 385,500 (±2,513) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 1.9 (±0.1) | 1.9 (±0.0) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.1) | 2.6 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $67,386 (±$7,797) | $59,047 (±$1,564) | $42,352 (±$376) | $52,966 |
| Median owner household income | $133,380 (±$7,259) | $118,600 (±$1,461) | $87,130 (±$344) | $100,009 |
In Farmington Hills, the renter share is higher than in Oakland County (27.3%).
It is also higher than in Michigan (26.8%).
It is not measurably different from the national figure (34.8%).
In Oakland County, Farmington Hills ranks 11 of 50 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 135 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Farmington Hills has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 37.4% (±1.2 points) | 35.3% (±2.1 points) | −2.1 percentage points | Not a measurable change |
| Median gross rent | $1,171 (±$26) | $1,551 (±$50) | +32.5% | Up after inflation |
| Median household income | $83,268 (±$2,574) | $104,836 (±$4,636) | +25.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Farmington Hills
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Farmington Hills | — | 35.3% (±2.1 points) | — |
| Farmington | 1.7 mi | 38.3% (±4.5 points) | Not measurably different |
| Franklin | 4.4 mi | 1.8% (±1.8 points) | Lower |
| Bingham Farms | 5.5 mi | 3.1% (±3.0 points) | Lower |
| West Bloomfield Charter Township | 5.6 mi | 16.4% (±1.8 points) | Lower |
| Novi | 5.7 mi | 33.7% (±2.3 points) | Not measurably different |
| Novi Township | 5.8 mi | 1.2% (±2.9 points) | Lower |
| Southfield | 6.0 mi | 46.6% (±2.1 points) | Higher |
| Livonia | 6.1 mi | 12.8% (±1.1 points) | Lower |
Nearby places with a measurably lower figure: Franklin, MI (1.8%), Bingham Farms, MI (3.1%), West Bloomfield Charter Township, MI (16.4%).
Nearby places with a measurably higher figure: Southfield, MI (46.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Oakland County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 5 | Southfield | 46.6% (±2.1 points) |
| 6 | Village of Clarkston | 40.2% (±7.6 points) |
| 7 | Keego Harbor | 39.6% (±10.4 points) |
| 8 | Farmington | 38.3% (±4.5 points) |
| 9 | Walled Lake | 37.8% (±5.7 points) |
| 10 | Oak Park | 36.7% (±4.1 points) |
| 11 | Farmington Hills | 35.3% (±2.1 points) |
| 12 | Madison Heights | 35.2% (±3.8 points) |
| 13 | Hazel Park | 33.9% (±4.9 points) |
| 14 | Novi | 33.7% (±2.3 points) |
| 15 | Ferndale | 33.4% (±3.5 points) |
| 16 | Rochester | 32.9% (±3.7 points) |
| 17 | Royal Oak | 32.0% (±1.9 points) |
Showing 13 of 50 places in Oakland County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Farmington Hills
How many renters are there in Farmington Hills?
Farmington Hills has an estimated 12,538 (±848) renting households, 35.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Farmington Hills?
In Farmington Hills, the share of households that rent went from 37.4% in 2015–2019 to 35.3% in 2020–2024 (−2.1 percentage points), not a measurable change.
How big are renting households in Farmington Hills?
A renting household in Farmington Hills has 1.9 people on average, against 2.6 in an owned home.
How much do renters earn in Farmington Hills?
The median renting household in Farmington Hills, MI has an income of $67,386 (±$7,797) a year, against $133,380 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Farmington Hills city, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Farmington Hills city, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Farmington Hills city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Farmington Hills city, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Farmington Hills city, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Farmington Hills city, Michigan (place:27440, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Population growth in Farmington Hills
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- Fair Market Rent in Farmington Hills
- Michigan landlord and tenant rules
- Housing across Oakland County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan