Bingham Farms, MI Employment - Median Household Income, Unemployment Rate

Get 300+ Local Insights for Any Address in Bingham Farms, MI

Get Access to 300+ Local Data Points

A+

130%

Income/capita NAT. AVG.

209%

Household income NAT. AVG.

76%

Unemployment NAT. AVG.

Index	Bingham Farms	Michigan	National
Income per capita	$103,420	$40,534	$44,883
Median household income	$251,607	$74,200	$81,333
Median income owner occupied	$260,293	$92,757	$106,172
Median income renter occupied	$107,073	$42,775	$52,080
Median earnings male	$155,482	$52,653	$54,343
Median earnings female	$64,398	$34,413	$38,439
Unemployment rate	1.2%	5.5%	4.9%
Poverty level	26.3%	16.3%	15.1%

Explore the Local Economy Before Moving!

See economic data around your specific address
Understand nearby income and employment trends
Compare local economies side by side

GET REPORT →

Homes For Sale In Bingham Farms, MI

24122 Bingham Pointe Dr #24

Bingham Farms, MI

32674 Bingham Ln

Bingham Farms, MI

32870 Bingham Ln

Bingham Farms, MI

23301 W 14 Mile Rd

Franklin, MI

Key findings

The income per capita in Bingham Farms is 130% higher than the national average
The median household income in Bingham Farms is 209% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Bingham Farms is 76% lower than the national average
The poverty level in Bingham Farms is 74% higher than the national average

Compare Bingham Farms, MI Employment

Best Places for Employment in and Around Bingham Farms

See all the best places to live around Bingham Farms

Write a review to give others more information about this area.

See all Bingham Farms poll results

am i middle class

$167,721 $251,607 $503,214

City

$49,461 $74,200 $148,400

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

The best places in Michigan

Here are the best places to live in Michigan

Check out the 10 safest cities in Michigan

These are the 10 cheapest cities in Michigan

Check out the 10 most dangerous cities in Michigan

Bingham Farms median earnings by income bracket

Bingham Farms employment by industry

Labour Type	Male	Female
Construction industry	3.3%	3.3%
Manufacturing sector	24.0%	24.0%
Financial & insurance services	4.5%	4.5%
Wholesale & retail services	17.8%	17.8%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	4.1%	4.1%
Education, health & social services	17.4%	17.4%
Other	25.2%	25.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Orchard Lake Village, MI	2,576	$306,760	277.2%
Lake Angelus, MI	335	$269,985	232.0%
Bloomfield Hills, MI	4,127	$267,076	228.4%
Franklin, MI	2,935	$240,000	195.1%
Huntington Woods, MI	6,528	$221,883	172.8%
Bingham Farms, MI	1,580	$251,607	209.4%

Cities with similar population

City	Population	Household Income	National Avg.
Elgin town, SC	1,580	$84,674	4.1%
Red Lick, TX	1,580	$172,774	112.4%
Cross Lake 19, MB	1,580	n/a
Ballplay, AL	1,581	$78,183	3.9%
Arcadia, IN	1,579	$82,299	1.2%
Bingham Farms, MI	1,580	$251,607	209.4%

Source: The Bingham Farms, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.