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Businesses for Sale | Farmington, Michigan

Discover business opportunities, in or around Farmington, with well-established brands, who are looking for people like you to help them grow.

As of the 2024 ACH Map Data, Farmington, located in The Great Lakes State had a total population of 11,330 people.

Top Franchise Opportunities in Farmington, Michigan on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Business Opportunities$30,000
2Sports & Leisure$60,000
3Pet Franchises$90,000
4Business Services$50,000
5Food & Restaurant$25,000
6Financial Franchises$70,000
7Computer & Internet Franchises$10,000
8Business Opportunities$100,000
9Home Services & Repair Franchises$50,000
10Retail Franchises$150,000

City Statistics and Other Information About Farmington

Demographics

From a total population of 11,330, Farmington has a median age of 38. The average age of males, in Farmington, is 36 while the average age of females is 40. When you compare the median age of men and women in Farmington, there is an average difference of 3.44 years.

Income

The median income of individuals, in Farmington, is $61,962 while the average household income is $95,567. In 2029, the average income per capita for Farmington is expected to be $61,962.

Additional Information

48331 - 48336
Oakland County

Is Farmington the Best Location for Franchise Opportunities and Growth?

What is the average income in Farmington?

The median household income in Farmington is $95,567, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Farmington an affordable place to start a franchise?

With a median income of $95,567, Farmington presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Farmington's income compare to other locations?

The median income of $95,567 in Farmington is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Farmington have a stable workforce to support my business?

Absolutely! With 3,473 employed individuals, Farmington offers a solid labor force to support franchise growth.

Is Farmington a growing economy?

With a workforce of 3,473 and a median household income of $95,567, Farmington provides a stable economic environment for new business opportunities.

Does homeownership in Farmington indicate a stable market?

Homeownership rates at 2,989 show a strong local investment in the community, which benefits long-term franchise success.

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