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Farmington Hills vs Sterling Heights: Housing

Farmington HillsSterling Heights
Median Home Value$354,500$274,300
Median Gross Rent$1,551/mo$1,292/mo
Homeownership Rate64.7%75.8%
Rent as Share of Income17.8%19.4%

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