Real Estate details: Farmington hills MI vs Lakewood NJ
RE Insights
| Metric | Farmington hills | Lakewood |
|---|---|---|
| Population | 82,737 | 68,555 |
| Median Home Price | $292,000 | $423,000 |
| Rent | 36% | 61% |
| Own | 64% | 39% |
Real Estate Insights Comparison: Farmington hills vs Lakewood
- Farmington hills has a larger population of 82,737 compared to 68,555 in Lakewood.
- The median home price in Lakewood is higher at $423,000 compared to $292,000 in Farmington hills.
- The rent percentage in Lakewood is higher at 61% compared to 36% in Farmington hills.
- A greater percentage of homeowners in Farmington hills at 64% compared to 39% in Lakewood.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.