Farmington, a city located in the state of Michigan (MI), is home to a population of approximately 11,486 people. Farmington boasts a median age of 38.4, with around 24.6% of its residents aged 60 or above. 4.9% of the population identifies as US Veterans. 10.6% of Farmington residents are disabled. The city has an average household income of $92,128, while the unemployment rate stands at 3%, and around 4.9% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Farmington is $262,363, with a monthly rent averaging $1,228.