Is Bingham Farms, MI growing?
Bingham Farms, MI had an estimated 1,680 (±459) residents in 2020–2024, against 1,129 in 2015–2019.
That is a change of +48.8%, a measurable increase.
Its housing went from 565 to 483 homes (−14.5%), a measurable decrease.
2.5% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 1,680 (±459)
- Amount of change
- +48.8%
- Homes change
- −14.5%
- Built 2020 or later
- 2.5%
Residents and homes in Bingham Farms, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,129 (±124) | 1,680 (±459) | +48.8% | Measurable increase |
| Housing units | 565 (±54) | 483 (±61) | −14.5% | Measurable decrease |
| Households that rent | 10.9% (±4.8 points) | 3.1% (±3.0 points) | −7.8 percentage points | Measurable decrease |
| Median home value | $415,000 (±$34,067) | $580,500 (±$76,643) | +39.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Bingham Farms against Oakland County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Bingham Farms | +48.8% | Measurable increase | −14.5% |
| Oakland County | +2.1% | Measurable increase | +4.0% |
| Michigan | +1.1% | Measurable increase | +0.6% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Bingham Farms
| Year built | Bingham Farms | Oakland County | Michigan | United States |
|---|---|---|---|---|
| 2020 or later | 2.5% (±3.5 points) | 1.1% | 1.0% | 2.0% |
| 2010 to 2019 | 2.5% (±2.1 points) | 5.6% | 4.9% | 9.4% |
| 2000 to 2009 | 6.6% (±4.1 points) | 9.3% | 10.3% | 13.6% |
5.0% of the homes in Bingham Farms were built in 2010 or later.
The median age of residents is 66.5 years.
Growth in places near Bingham Farms
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Bingham Farms | — | 1,680 | +48.8% | Measurable increase |
| Franklin | 1.3 mi | 2,554 | −22.8% | Measurable decrease |
| Beverly Hills | 1.9 mi | 10,524 | +1.3% | Measurable increase |
| Southfield | 3.1 mi | 76,236 | +4.2% | Measurable increase |
| Lathrup Village | 3.1 mi | 4,059 | −1.7% | Measurable decrease |
| Birmingham | 3.6 mi | 21,763 | +2.7% | Measurable increase |
| Bloomfield Charter Township | 4.2 mi | 44,097 | +4.9% | Measurable increase |
| Bloomfield Hills | 4.7 mi | 4,415 | +10.3% | Measurable increase |
| Berkley | 4.9 mi | 15,149 | −1.5% | Measurable decrease |
Bingham Farms lies inside Southfield Township, whose figures include it, so it is ranked only against places like it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Bingham Farms
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Bingham Farms beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Bingham Farms, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Bingham Farms, and send estimates and invoices from your phone.
Questions about Bingham Farms
Is Bingham Farms growing?
Bingham Farms, MI had an estimated 1,680 residents in 2020–2024 and 1,129 in 2015–2019, a change of +48.8%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Bingham Farms?
The estimated number of housing units went from 565 in 2015–2019 to 483 in 2020–2024 (−14.5%), a measurable decrease.
How much new construction is there in Bingham Farms?
2.5% of homes in Bingham Farms were built in 2020 or later and 2.5% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Bingham Farms village, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bingham Farms village, Michigan
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Bingham Farms village, Michigan
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Bingham Farms village, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Bingham Farms village, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Bingham Farms village, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Bingham Farms village, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Bingham Farms village, Michigan (place:08460, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Bingham Farms at a glance
- Income and affordability in Bingham Farms
- Home values in Bingham Farms
- Homeowner costs in Bingham Farms
- Property taxes in Bingham Farms
- Types of homes in Bingham Farms
- Bedrooms in Bingham Farms
- Age of homes in Bingham Farms
- Heating fuel in Bingham Farms
- Commute and cars in Bingham Farms
- How long people stay in Bingham Farms
- Michigan landlord and tenant rules
- Housing across Oakland County
- Housing data for every place in Michigan