Our Corporate Community
Business is booming in Farmington and Farmington Hills. Our local business community is one the region's greatest assets, contributing to a healthy and progressing economy. Home to world-class corporate players such as Alcoa, Bosch, Nissan Research & Development, The Gale Group, Dana Corporation, Harman/Becker, ACN, Inc., Nextel, etc... the community continues to attract high caliber corporate citizens, who recognize Farmington and Farmington Hills as a premier location from which to conduct business.
A diverse business mix lends to a high-energy business atmosphere. Our local municipalities recognize that the health of our community is dependent on the health of our business climate. Therefore, a wealth of resources and services are made available to our corporate community to foster a healthy and prosperous economy. Partnership efforts of the Farmington Hills Economic Development Corporation, the Farmington Downtown Development Authority, Farmington/Farmington Hills Chamber of Commerce, Oakland County and State of Michigan agencies make it possible for businesses of all sizes and scope to grow and develop.
Data pulled from U.S. Census Bureau
Department of Commerce
Farmington Farmington Hills Michigan
Population (2011 Estimate) 10,438 80,258 9,876,187
Households (2006-2010) 4,469 33,591 3,843,997
Persons per household 2.28 2.36 2.53
Median household income 64,805 67,803 48,432
Homeownership rate 64.40% 65.80% 74.20%
"Median value of owner- $185,000 $238,300 $144,200
occupied housing units,
Land area in square 2.66 33.28 56,538.90
Total number of Firms 2007 1,160 10,060 816,972