Business in Farmington and Farmington Hills, Michigan
If you want to explore business opportunities in Michigan, you may want to consider Farmington and Farmington Hills, Michigan. The Farmington for Business website is dedicated to sharing important facts about Farmington and Farmington Hills and also provides information on why both Michigan State cities offer excellent opportunities for businesses. Our goal is to empower you as an entrepreneur by helping you to learn about the potential of these liveable and prosperous American cities.
Farmington and Farmington Hills are separate cities. However, most people consider the two cities to be one big community. There are plenty of amenities in the area, and there is no shortage of potential.
Examples of amenities in this two-city community include great eateries, an old-fashioned movie theatre, a refurbished downtown core, art galleries, wonderful parks and so much more. As well, the region is home to some interesting heritage sites, including the Governor Warner Mansion.
To help you see the differences between the two cities, we're going to share some facts about their histories, their geographical details, their public transportation systems, their economies and their demographics. We'll start with Farmington itself.
Why Do Business in Farmington, MI?
Farmington, Michigan is an integral part of Oakland County and many people commute from Farmington to Detroit. Farmington is much smaller than Farmington Hills, with Farmington having a population of a little more than ten thousand people, while the population of Farmington is seven times greater. However, Farmington shares plenty of amenities with its bigger neighbour, while retaining its signature, small-town charm.
The history of this city dates back to 1824. Before the city was founded by a Quaker named Arthur Power, who also founded Farmington Hills, it was the home of a trio of Native American trails. The city measures just 2.66 square miles and it known for its elegant, vintage-inspired homes and the inspiring improvements which have been made to its downtown core. Farmington's population is primarily Caucasian (71 percent) and 28 percent of households feature children or at least 1 child. The median average income is approximately 36k. Public transportation is available via the SMART system, which serves the needs of three Michigan counties, including Oakland County.
The economy is service-oriented and retail-oriented. One hundred and sixty shops are found in the downtown hub. Entrepreneurs who want to make money serving food or providing goods and services to clientele will find that this community has a strong and positive retail environment.
Farmington Hills Offers Many Opportunities
This city is one of the largest in Oakland County, Michigan, USA, and it features a population of over seventy-nine thousand people. This is an upscale community and it's situated just 20 miles from the downtown area of Ann Arbor, MI. This city is 33.31 square miles in size.
The city was founded by Arthur Power, who bought land and began to clear it in order to create a settlement. This happened in 1823. The settlement was initially known as Quakertown, but was renamed Farmington a few years later. One notable historical event was a great fire which took place in fall of 1872. Much of the downtown core had to be rebuilt after the fire. Today, the city is known as Farmington Hills.
Farmington Hills is a business hub which serves the needs of many people in the city of Detroit. It offers many great opportunities to businesspeople, as it serves the needs of a bigger city, while also serving the needs of local residents. Currently, the city prospers due to its automotive-related businesses, such as auto financing companies and automotive technical services companies. Education and electronics are also key industries.
The city's transportation is part of the three-county SMART system and it features plenty of options, as well as special services for the disabled and seniors.
In terms of demographics, Farmington Hills doesn't skew towards a certain age group. 64 percent of the popular are between 25 and 74 and distribution of subcategories of age groups is pretty even.
Both smaller Farmington and larger Farmington Hills are good places to do business. However, the focus in Farmington is retail, while the focus in Farmington Hills is based on automotive, tech and financing and other types of services. Choose the right community for your niche of industry in order to find a perfect match. Since both cities are so close to Detroit, they offer a lot of advantages to ambitious businesspeople from America and abroad.