Farmington, MI's Data
About Farmington, MI's
Farmington, Michigan, is a small city located in Oakland County, known for its historic downtown and Victorian-style homes. Established in 1824, it has grown from a modest farming community into a vibrant suburban center. Farmington was officially incorporated as a city in 1926 and has retained much of its historical charm through preserved architecture and the adaptation of older buildings to modern uses.
City: Farmington
State: Michigan
Country: United States
Population: 10,372
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Farmington, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Farmington, MI
Governor Warner Mansion - Historical museum set in the former home of Michigan Governor Fred M. Warner, showcasing period furnishings and gardens.
Farmington Civic Theater - A classic cinema in downtown offering a mix of contemporary and classic films in a historic setting.
Heritage Park - A large recreational area with walking trails, picnic areas, and a nature center, ideal for outdoor activities.
Riley Park - Home to many community events, featuring a pavilion, ice rink, and open green spaces.
Farmington Farmers & Artisans Market - A seasonal market that brings together local farmers, artisans, and crafters, enhancing the city's community spirit.
The Economy of Farmington, MI
Farmington's economy is primarily driven by small businesses, healthcare, and retail sectors. The city benefits from its proximity to Detroit's metropolitan area, facilitating employment opportunities in larger corporations and industries nearby. Local businesses thrive in the historic downtown area, which also serves as a hub for community events and cultural activities, further supporting the economic landscape.
Farmington, MI Inflation
Understanding the BLS and Inflation in Farmington, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Farmington, MI. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Farmington, MI understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Farmington, MI using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Farmington, MI when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Farmington, MI
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