Farmington, MI 48334

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 2760 3610 $10,075 $2,468
(14.86% of returns)
$1,875
(7.25% of returns)
$5,240
$25,000 to $50,000 1590 2400 $33,238 $3,396
(18.87% of returns)
$7,948
(22.01% of returns)
$5,547
$50,000 to $75,000 1330 2210 $50,679 $3,955
(21.8% of returns)
$16,516
(23.31% of returns)
$5,941
$75,000 to $100,000 1060 2220 $59,405 $4,521
(30.19% of returns)
$21,992
(26.42% of returns)
$6,202
$100,000 to $200,000 1850 4770 $79,804 $6,448
(42.7% of returns)
$26,531
(24.32% of returns)
$6,975
Over $200,000 640 1730 $277,177 $33,365
(68.75% of returns)
$28,988
(26.56% of returns)
$9,086
For Zip 9230 16940 $67,956

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Income Tax Rates

Rate Minimum Income Maximum Income
0.0425 0 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0144 13

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.06 0.0000 0.0600 38