This data is based on 7 ZIP codes, which covers Farmington Hills and Beverly Hills and Bingham Farms and Farmington and Franklin and Northville and Novi and Southfield.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined 7 ZIP codes area shared across these towns.
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Farmington Hills ZIP Area Economy · 2023
Wages -3% vs. avg. Oakland Co. town
Farmington Hills's ZIP area supports 101,147 jobs across 5,723 businesses, with workers earning an average of $73K per year, 3% below the Oakland County average. The economy is well-diversified (0.86 index), led by professional services and healthcare. 83.8% of businesses have fewer than 20 employees, and each business employs an average of 17.7 people. Jobs grew 4.2% from the prior year while business count grew 1%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Oakland Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
5,723 businesses by employee count. 83.8% are small businesses (under 20 employees).
Small (10-19)
Micro (<5)
Small (5-9)
Medium (20-49)
Medium (50-99)
Large (100-249)
Major (250-499)
Major (500-999)
Economic Densityi
1.21
jobs per resident
17.7
employees per business
County avg: 20.4-13%
$88K
payroll per resident
$1.3M
payroll per business
Farmington Hills ZIP Area vs. Avg. Oakland Co. Towni
All Industries in ZIP Areai
| Sector | Farmington Hills ZIP | Avg. Oakland Co. | Spec. |
|---|---|---|---|
| Professional Services | 1,247 | 244 | 1.3x |
| Healthcare | 987 | 208 | 1.2x |
| Retail Trade | 515 | 160 | 0.8x |
| Finance & Insurance | 435 | 98 | 1.1x |
| Other Services | 410 | 108 | 1.0x |
| Food & Accommodation | 386 | 112 | 0.9x |
| Construction | 311 | 92 | 0.9x |
| Real Estate | 306 | 66 | 1.2x |
| Admin Services | 274 | 95 | 0.7x |
| Wholesale Trade | 264 | 82 | 0.8x |
| Manufacturing | 124 | 65 | 0.5x |
| Arts & Entertainment | 109 | 22 | 1.2x |
| Information | 108 | 30 | 0.9x |
| Transportation | 80 | 25 | 0.8x |
| Management | 79 | 18 | 1.1x |
| Education | 73 | 18 | 1.0x |
| Unclassified | 4 | 0 | — |