Real Estate details: Merced CA vs Farmington hills MI

RE Insights

Metric Merced Farmington hills
Population 91,563 82,737
Median Home Price $358,000 $292,000
Rent 57% 36%
Own 43% 64%

Real Estate Insights Comparison: Merced vs Farmington hills

  • Merced has a larger population of 91,563 compared to 82,737 in Farmington hills.
  • A higher median home price of $358,000 is found in Merced compared to $292,000 in Farmington hills.
  • Rent in Merced is higher at 57% compared to 36% in Farmington hills.
  • More homeowners can be found in Farmington hills at 64% compared to 43% in Merced.

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.