Disclosure: This page contains affiliate links marked with (Ad). If you click through and make a purchase, we may earn a commission at no extra cost to you. Learn more

Bingham Farms, Michigan

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,680
Population
$244,618
Median Income
$580,500
Home Value
66.5
Median Age

Demographics

Bingham Farms has a population of 1,680 with a median age of 66.5. Here is the racial and ethnic breakdown of the population:

White
89.8%
Black
3.7%
Asian
3.5%
Other
1.7%
Hispanic
1.3%
Demographic Value
Total Population1,680
Median Age66.5
White89.8%
Black or African American3.7%
Asian3.5%
Hispanic or Latino1.3%
Other / Two or More Races1.7%
Bingham Farms, Michigan — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 89.8%Black: 3.7%Asian: 3.5%Other: 3.0%1,680PopulationWhiteWhite89.8%BlackBlack3.7%AsianAsian3.5%OtherOther3.0%

Income & Economy

The median household income in Bingham Farms is $244,618, which is 203.5% above the national median of $80,610. The per capita income is $106,724. The poverty rate is 26.4%.

$244,618
Median Household Income
$106,724
Per Capita Income
26.4%
Poverty Rate

Advance Your Career in Bingham Farms

Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.

MyPerfectResume · (Ad)
Create an ATS-friendly resume in minutes. Trusted by millions of job seekers.
Build My Resume →
FlexJobs · (Ad)
Access 50,000+ vetted remote, hybrid, and flexible job listings. No ads, no scams.
Find Remote & Flexible Jobs →
ExpertRating · (Ad)
300+ online certifications in Project Management, Six Sigma, IT & more.
Get Certified & Earn More →
Mondly by Pearson · (Ad)
Join 140M+ learners. Master any of 41 languages with bite-sized lessons.
Learn a New Language →

Education

In Bingham Farms, 93.5% of residents age 25+ have a high school diploma or higher, and 68.9% hold a bachelor's degree or higher (38.0% with a graduate or professional degree).

HS Diploma+
93.5%
Bachelor's+
68.9%
Graduate+
38.0%
Education Level % of Adults (25+)
High School Diploma or Higher93.5%
Bachelor's Degree or Higher68.9%
Graduate or Professional Degree38.0%

Housing

The median home value in Bingham Farms is $580,500, above the national median of $303,400. The median monthly rent is $3,501. The homeownership rate is 96.9%.

$580,500
Median Home Value
$3,501/mo
Median Rent
96.9%
Homeownership Rate
Housing Metric Value
Median Home Value$580,500
Median Monthly Rent$3,501
Homeownership Rate96.9%
Vacancy Rate5.0%

Salaries in Michigan

Explore salary data for popular occupations in Michigan:

See all Michigan salaries →

Other Cities in Michigan

See all Michigan cities →

Frequently Asked Questions

What is the population of Bingham Farms, Michigan?
The population of Bingham Farms, Michigan is 1,680 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Bingham Farms, Michigan?
The median household income in Bingham Farms, Michigan is $244,618. This is 203.5% above the national median of $80,610.
What is the median home value in Bingham Farms, Michigan?
The median home value in Bingham Farms, Michigan is $580,500. The median monthly rent is $3,501.
What percentage of people in Bingham Farms have a college degree?
In Bingham Farms, Michigan, 68.9% of adults age 25 and older hold a bachelor's degree or higher, and 93.5% have a high school diploma or higher.
Is Bingham Farms, Michigan an affordable place to live?
The home price-to-income ratio in Bingham Farms, Michigan is 2.4x (median home value $580,500 vs. median income $244,618), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

🏠 Thinking About Moving to Bingham Farms?

Find resources to help plan your move, explore homes, and compare insurance rates in Michigan.

Salary Data in Michigan

All Jobs in Michigan Highest Paying Jobs Jobs Over $100K Average Salary

🏘️ Get City & Demographic Insights

Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.

Join Americans who use data to make smarter decisions. Privacy Policy

Share this page: X Facebook LinkedIn