Farmington Hills, MI Median Household Income By Race

Farmington Hills, MI median household income diversity

Based on our analysis of the distribution of Farmington Hills population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 62.16% of the total residents in Farmington Hills. Notably, the median household income for White households is $101,725.

Interestingly, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $124,755. This reveals that, while Whites may be the most numerous in Farmington Hills, Asian households experience greater economic prosperity in terms of median household income.

For a better visual representation of these income disparities, take a look at the bar chart below. It illustrates the varying median household incomes across races, providing a clear comparison for each of the racial categories defined by the U.S. Census Bureau.

In Farmington Hills, a diversity of median household incomes is evident among households of different races. The Asian households boast the highest median household income at about $124,755. Some Other Race households have a median income of approximately $111,494. Two or More Races households have a median income of approximately $103,311. White households have a median income of approximately $101,725. Conversely, Black or African American households reveal the lowest median income at $85,547. These disparities underscore the varied income distribution within the city of Farmington Hills.

Farmington Hills, MI median household income trends across races

A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Farmington Hills, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Farmington Hills.

Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:

• White: In Farmington Hills, the median household income for the households where the householder is White increased by $16,437(19.27%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $85,288 in 2012 and $101,725 in 2022.
• Black or African American: In Farmington Hills, the median household income for the households where the householder is Black or African American increased by $25,099(41.52%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $60,448 in 2012 and $85,547 in 2022.
• American Indian and Alaska Native: Even though there is a population where the householder is American Indian and Alaska Native, there was no median household income reported by the U.S. Census Bureau for both 2012 and 2022.
• Asian: In Farmington Hills, the median household income for the households where the householder is Asian increased by $33,844(37.23%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $90,911 in 2012 and $124,755 in 2022.
• Native Hawaiian and Other Pacific Islander: Even though there is a population where the householder is Native Hawaiian and Other Pacific Islander, there was no median household income reported by the U.S. Census Bureau for both 2012 and 2022.
• Some other race: In Farmington Hills, there was no reported median household income for Some other race households in 2012. However, in 2022, the median household income increased to $111,494, marking a significant change.
• Two or more races (multiracial): In Farmington Hills, the median household income for the households where the householder is multiracial increased by $25,902(33.46%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $77,409 in 2012 and $103,311 in 2022.
• Above analysis reconfirms that there are 5 race households in Farmington Hills. Households are categorized based on the self-identified race of the head of household.

Key observations: Households with Some other race householders witnessed significant growth in median household income, marking an impressive increase of $111,494. Among all racial categories, there was no instance of householders experiencing a decline in median household income, indicating a consistent or upward trend across all household demographics.

Things to know

Which racial group has the highest median household income according to the Census Bureau in Farmington Hills, MI?

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2022 1-Year Estimates, households with Asian householders in Farmington Hills have the highest median household income at $124,755.

How does the median household income vary by race in Farmington Hills, MI?

In Farmington Hills, the median household income In Farmington Hills, a diversity of median household incomes is evident among households of different races. The Asian households boast the highest median household income at about $124,755. Some Other Race households have a median income of approximately $111,494. Two or More Races households have a median income of approximately $103,311. White households have a median income of approximately $101,725. Conversely, Black or African American households reveal the lowest median income at $85,547. These disparities underscore the varied income distribution within the city of Farmington Hills..

Which racial group has the lowest median household income according to the Census Bureau in Farmington Hills, MI?

Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2022 1-Year Estimates, households headed by individuals identifying as Black or African American in Farmington Hills exhibit the lowest median household income at $85,547 among the identified racial categories.

What is the median household income for White households in Farmington Hills, MI?

In Farmington Hills, the median household income for the households where the householder is White increased by $16,437(19.27%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $85,288 in 2012 and $101,725 in 2022.

What is the median household income for Black or African American households in Farmington Hills, MI?

In Farmington Hills, the median household income for the households where the householder is Black or African American increased by $25,099(41.52%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $60,448 in 2012 and $85,547 in 2022.

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