Bingham Farms
Bingham Farms is significantly wealthier than the US average, with a median household income of $123,771. Population has held roughly steady since 1990. 70% of adults hold a bachelor's degree or higher, well above the national rate of 24%. Median home value is $376,700. With a median age of 53.4, the population is older than the US median of 35.2. Households here earn about 177% more than the Michigan median.
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How many people live in Bingham Farms, Michigan?
Bingham Farms, Michigan has about 1,030 residents according to the 2000 Census.
What is the median household income in Bingham Farms, Michigan?
The typical household in Bingham Farms, Michigan earns about $123,771 a year. Half of households make more than that, and half make less.
Is Bingham Farms, Michigan expensive?
In Bingham Farms, Michigan, the median home is worth about $376,700, and the typical rent is about $1,500 a month.
How educated are people in Bingham Farms, Michigan?
About 70.4% of adults age 25 and over in Bingham Farms, Michigan hold a bachelor's degree or higher.
What is the poverty rate in Bingham Farms, Michigan?
About 0.9% of people in Bingham Farms, Michigan live below the federal poverty line.
Has Bingham Farms, Michigan grown since 1990?
Yes, Bingham Farms, Michigan has grown since 1990. The population has added about 29 residents, a change of about 3 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024