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Farmington Hills vs Detroit: Housing

Farmington HillsDetroit
Median Home Value$354,500$83,900
Median Gross Rent$1,551/mo$1,074/mo
Homeownership Rate64.7%50.3%
Rent as Share of Income17.8%32.3%

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.