Bingham Farms village, Michigan Demographics & Population 2026

Population Overview

Bingham Farms village is a small community located in Michigan. The total population is 1,652. It ranks as the 343rd most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Bingham Farms village is 67.3 years. This is 68% higher than the state median of 40.1 years. Only 14.6% of residents are under 18, indicating fewer families with children. 41.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Bingham Farms village is $218,750. This is 207% higher than the state median of $71,149. Compared to the national median of $78,538, household income here is 179% higher. The poverty rate stands at 27.4%. This is 110% higher than the state poverty rate of 13.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 3.2%. This is 45% lower than the state rate of 5.8%. The median home value is $570,900. Housing costs are 162% higher than the state median of $217,600. With a home-value-to-income ratio of just 2.6x, Bingham Farms village is one of the most affordable housing markets in the area. 95.1% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 72.9%.

Race & Ethnicity

The largest racial or ethnic group in Bingham Farms village is White (non-Hispanic), making up 83.4% of the population. Black or African American residents account for 7.5%. The Hispanic or Latino population (0.8%) is well below the state average of 5.7%.

Education

66.0% of residents aged 25 and older hold a bachelor's degree or higher. This places Bingham Farms village in the top 10% of all cities in the state for educational attainment. This is 108% higher than the state rate of 31.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.7%. Notably, 38.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Bingham Farms village, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. For official data, visit data.census.gov.