Income & Economy in Farmington Hills city, MI (48336)
Median Income
$85,325
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,053
Wealth inflow
Population
26,920
Unemployment
4.8%
1.1pp above US avg
IRS migration statistics show a net inflow of about 1,053 for ZIP 48336 (Farmington Hills city, MI) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 48336 (2020–Present)
Since 2020, population grew 7.5%, median income rose 8.3% (inflation-adjusted), home values increased 10.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $85,325 |
| Unemployment | 4.8% |
| Establishments | 800 |
| Employees | 10,708 |