Median Household Income
$244,618 ± $12,442
Median Home Value
$580,500 ± $76,643
Median Gross Rent
$3,501 ± $-333,333,333/mo
Per Capita Income
$106,724
Poverty Rate
26.4%
Unemployment Rate
0.9%
Homeownership Rate
96.9%
Bachelor's Degree or Higher
68.9%
Median Age
66.5
Average Commute
15 min
Households
459
Veterans
75
Population Over Time
Bingham Farms grew 37.7% from 2014 to 2024.
2014
1,220
2016
1,112
2018
1,101
2020
1,539
2022
1,623
2024
1,680
Population by Race & Ethnicity
White
89.8%
Hispanic or Latino
1.3%
Black or African American
3.7%
Asian
3.5%
Nearby Cities in Michigan
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.