Bingham, ME
Full City Profile · Maine · Somerset County County
3.4
/5.0
B
Good
613
Population
271/sq mi density
$53,750
Median Income
$27,962 per capita
$108,900
Home Value
$204,376 Zillow
$367
Median Rent
23.7% income on rent
43°F
Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$53,750 median income, 12.5% unemployment
A+
Affordability
5.0 / 5.0
$108,900 home value, $367/mo rent
C
Education
2.5 / 5.0
18.7% bachelor's degree or higher
Housing Overview
Median Home Value
$108,900
61% below
US avg: $281,900
Median Rent
$367/mo
68% below
US avg: $1,163/mo
Homeownership Rate
83.1%
27% above US avg (65.4%)
Total Housing Units
436
Median year built: 1954
Home Value by Source
Census Median
$108,900
Zillow (ZHVI)
$204,376
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.1%
Owner-Occupied
16.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,108/mo
1 Bedroom
$1,186/mo
2 Bedroom
$1,497/mo
3 Bedroom
$1,951/mo
4 Bedroom
$2,190/mo
Census median rent:
$367/mo
Affordability & Housing Stock
Rent Burden
23.7%
of renters spending 30%+ of income on housing
24% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
83.1%
Complete Housing Data
Home Values
| Census Median Value | $108,900 |
| Zillow Home Value (ZHVI) | $204,376 |
Rent
| Census Median Rent | $367 |
| FMR Studio | $1,108 |
| FMR 1-Bedroom | $1,186 |
| FMR 2-Bedroom | $1,497 |
| FMR 3-Bedroom | $1,951 |
| FMR 4-Bedroom | $2,190 |
Market
Ownership & Stock
| Owner-Occupied | 83.1% |
| Renter-Occupied | 16.9% |
| Homeownership Rate | 83.1% |
| Total Housing Units | 436 |
| Median Year Built | 1954 |
| Rent Burden | 23.7% |