Apartments for rent in Farmington, MI

Farmington, a town in Michigan, has a population of just under 11,000. Young professionals should fit right in, as they account for an above-average percentage of the population. Renters tend to be in the minority in the city, and 59% of residents own their homes. Relatively high rent costs could play a role, as the average rent of $957 a month is substantially higher than the state average of $874.

Compared to the national average (7%), Farmington has a high concentration of residents older than 25 with advanced degrees, as 15% have earned a Master's or a Doctoral degree. In addition, 24% possess a Bachelor's degree, which also outpaces the national average. There are plenty of industries from which to choose in Farmington, the most common four of which are scientific, manufacturing, healthcare, and retail. Combined, these industries account for 31% of the city's workforce. With an average annual income of around $82,000, Farmington workers earn around $20,000 more than their peers elsewhere in Michigan. Farmington's average income also compares favorably to the national average ($73,345).

Farmington has an average commute time of about 27 minutes. Driving is the typical way to get to work, opted for by 46% of residents, while public transit isn't extensively used. Not many workers (2%) commute on foot, though the number does exceed the national average.