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2024 Compare Cities Economy:
Collierville, TN vs Farmington Hills, MI

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Highlights
- Household income in Farmington Hills, is 22% less than it is in Collierville and is 26% above the National Average.
- Collierville unemployment rate is 3.4%.
- Farmington Hills unemployment rate is 2.3%.

Economy
 Collierville, TNFarmington Hills, MIUnited States
 Unemployment Rate3.4%2.3%6.0%
 Recent Job Growth2.1%0.3%1.6%
 Future Job Growth41.7%39.0%33.5%
 Sales Taxes9.8%6.0%6.2%
 Income Taxes0.0%4.3%4.6%
 Income per Cap.$54,355$50,287$37,638
 Household Income$119,461$93,434$69,021
 Family Median Income$131,566$116,631$85,028
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 Est. Households By Income
 Collierville, TNFarmington Hills, MIUnited States
 Income Less Than 15K3.4%5.7%9.4%
 Income between 15K and 20K0.6%3.0%3.8%
 Income between 20K and 30K2.7%5.5%8.1%
 Income between 30K and 40K4.5%5.6%8.0%
 Income between 40K and 50K3.4%5.4%7.6%
 Income between 50K and 60K4.0%6.0%7.2%
 Income between 60K and 75K10.2%8.9%9.6%
 Income between 75K and 100K11.9%13.8%12.8%
 Income between 100K and 150K22.4%20.0%16.3%
 Income between 150K and 200K15.4%13.8%7.8%
 Income greater than 200K21.6%12.4%9.5%
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 Population By Occupation
 Collierville, TNFarmington Hills, MIUnited States
 Management, business, finance22.9%21.9%16.4%
 Engineering, computers, science11.3%17.4%6.5%
 Community, social services1.9%1.7%1.8%
 Legal2.0%1.8%1.2%
 Education, library7.3%6.0%6.2%
 Arts, design, media, sports, entertainment1.2%2.0%2.0%
 Healthcare practitioners and technology6.9%8.4%6.2%
 Healthcare support1.7%2.1%3.3%
 Firefighters, law enforcement2.0%1.1%2.1%
 Food preparation, serving4.3%3.9%5.4%
 Building maintenance2.1%1.5%3.6%
 Personal care2.6%3.0%2.6%
 Sales, office, administrative support21.7%17.9%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair3.3%3.7%8.1%
 Production, transportation, material moving8.9%7.7%13.1%

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Reviews for Collierville    7 Reviews

How is the cost of living and employment opportunities in the  More

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Over 9 years ago

Collierville is "The Best Small Town" in America, according to Parade Magazine 2014. It really is great. A lot of green space, walking trails, parks, etc. Everything  More

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Over 12 years ago

a great place to  More

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Reviews for Farmington Hills    11 Reviews

Grew up in Commerce. Loved it! It was very quiet and peaceful and safe. Quiet and peaceful is not the case anymore but fortunately it's still a safe place to live. Why  More

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My wife and I have lived in Farmington Hills for the past 7 years. We moved here from Ohio and are originally from Texas. This area and especially our neighborhood is  More

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Over 16 years ago

The taxes here are so high, as soon as I retire, I'll have to sell and move to a different community to lower my tax liability. The city/county services do not  More

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ZIPS IN COLLIERVILLE, TENNESSEE
38017
ZIPS IN FARMINGTON HILLS, MICHIGAN
48336 48335 48331 48334

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