Bingham Farms, MI
Full City Profile · Michigan · Oakland County County
4.9
/5.0
A+
Excellent
1,652
Population
1,365/sq mi density
$218,750
Median Income
$90,656 per capita
$570,900
Home Value
$617,534 Zillow
48°F
Avg Temperature
A+
Overall
4.9 / 5.0
Strong
A+
Economy
4.8 / 5.0
$218,750 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$570,900 home value, /mo rent
A+
Education
5.0 / 5.0
66.0% bachelor's degree or higher
Change Over Time (2013, 2023)
Population Change
-7.5%
1,157 → 1,070
over 10 years
Annual Pop. Growth
-0.78%
Compound annual growth rate
Median Income Change
+70.6%
$128,194 → $218,750
nominal, not inflation-adjusted
Annual Income Growth
+5.49%
Compound annual growth rate
Population Over Time
Total population for Bingham Farms across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013, 2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts, real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
1,013
-57 from 2023 (1,070)
Projected Median Income 2030
$318,000
+$99,250 from 2023 ($218,750)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 1,157 | - | $128,194 | - |
| 2015 | 1,159 | +0.2% | $102,083 | -20.4% |
| 2017 | 1,161 | +0.2% | $116,250 | +13.9% |
| 2019 | 1,148 | -1.1% | $131,071 | +12.7% |
| 2021 | 1,105 | -3.7% | $180,192 | +37.5% |
| 2023 | 1,070 | -3.2% | $218,750 | +21.4% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.