Bingham Farms, MI Profile: Facts & Data

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Bingham Farms, Michigan - Basic Facts

The Village of Bingham Farms had a population of 1,102 as of July 1, 2018. Bingham Farms ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for Bingham Farms is located at latitude 42.5177 and longitude -83.278 in Oakland County. The formal boundaries for the Village of Bingham Farms (see map below) encompass a land area of 1.21 sq. miles and a water area of 0 sq. miles. Oakland County is in the Eastern time zone (GMT -5). The elevation is 715 feet.

The Village of Bingham Farms (GNIS ID: 2398123) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Bingham Farms is located within Township of Southfield, a minor civil division (MCD) of Oakland County.


Jump to... (On This Page!)
  1. Bingham Farms 2018 Demographic Data
  2. Growth Rates for Bingham Farms (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Michigan Research Tools (Easy Tools & Current Data)
  3. Michigan Data Comparison Tool - 2018 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Bingham Farms, MI Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 1,102
Population in Households 1,102
Population in Familes 855
Population in Group Qrtrs 0
Population Density2 912
Diversity Index3 33
 

INCOME

Median Household Income $142,304
Average Household Income $179,170
Per Capita Income $85,683

HOUSING

Total Housing Units 549 (100%)
Owner Occupied HU 455 (82.9%)
Renter Occupied HU 72 (13.1%)
Vacant Housing Units 22 ( 4.0%)
Median Home Value $418,235
Average Home Value $491,758
 

HOUSEHOLDS

Total Households 527
Average Household Size 2.09
Family Households 322
Average Family Size 3
NOTES
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2018 2018-2023
Population -0.1% -0.04%
Households 0.0% 0.04%
Families -0.37% -0.25%
Median Household Income   1.87%
Per Capita Income   2.78%

Bingham Farms, MI - Peer Comparisons by Rank and Percentile

The table below compares Bingham Farms to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2018 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 415 40th
Population Density # 363 48th
Diversity Index # 126 82nd
Median Household Income # 5 99th
Per Capita Income # 2 100th

Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.

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