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Bingham Farms, MI Demographics

Bingham Farms, MI Population by Gender

The total population of Bingham Farms is estimated to be 1,623 with 625 males (38.51%) and 998 females (61.49%). There are 373 more females than males in Bingham Farms.

Bingham Farms, MI Median Household Income: Trends, Analysis, and Key Findings

The median household income in Bingham Farms was $194,772 in 2021, which marked an an increase of 3,168(1.65%) from $191,604 in 2020. This income is 261.07% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).

Bingham Farms, MI Median Household Income By Age

Per the latest American Community Survey by the Census Bureau, Bingham Farms sees its highest median household income among householders in the age group of 45 to 64 years old, at $255,172. Overall, the median household income for the village of Bingham Farms stands at $194,772.

Bingham Farms, MI Income by Gender

In Bingham Farms, while the Census reported a median income of $114,306 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations. However, when specifically considering full-time, year-round workers within the same age group, the median income was $219,155 for males and $101,560 for females.

Bingham Farms, MI Median Household Income By Race

In Bingham Farms, there are just three different racial groups among households. Among these, White households report a median household income of $197,163, followed by Black or African American households at $147,950, and Asian households with a median household income of $115,597.

Bingham Farms, MI Population by Year

In 2022, the population of Bingham Farms was 1,133, a 3.94% increase year-by-year from 2021. Previously, in 2021, Bingham Farms's population was 1,090, a decline of 3.28% compared to a population of 1,127 in 2020.

Bingham Farms, MI Population by Age

The median age in Bingham Farms, MI is 71.4, as per 2021 ACS 5-Year Estimates. Of the total population, 7.36% were under the age of 15, 5.59% aged 15 to 29, 28.40% aged 30 to 64, 30.05% aged 65 to 84, and 28.60% were 85 years of age and older.

Bingham Farms, MI Population by Race & Ethnicity

Racial distribution of Bingham Farms population: 85.01% are White, 7.30% are Black or African American, 2.17% are American Indian and Alaska Native, 2.04% are Asian, 0.20% are some other race and 3.29% are multiracial.