Farmington, MI 48335

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 2810 3490 $10,688 $1,822
(14.23% of returns)
$1,845
(7.83% of returns)
$4,645
$25,000 to $50,000 2140 3010 $32,992 $3,197
(15.89% of returns)
$7,555
(20.09% of returns)
$5,294
$50,000 to $75,000 2080 3550 $47,753 $3,220
(16.83% of returns)
$17,247
(17.31% of returns)
$5,767
$75,000 to $100,000 1890 4090 $55,636 $4,094
(20.63% of returns)
$23,151
(15.34% of returns)
$6,045
$100,000 to $200,000 2400 6230 $76,407 $5,714
(38.33% of returns)
$26,633
(20% of returns)
$7,040
Over $200,000 740 2140 $191,034 $16,326
(62.16% of returns)
$27,425
(16.22% of returns)
$8,097
For Zip 12060 22510 $59,441

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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