What is the median household income in Bingham Township (Clinton County), MI?
The median household income in Bingham Township (Clinton County), MI is $77,273 (±$17,685) a year (2020–2024 American Community Survey).
Paying the median gross rent of $978 a month would take about $39,100 a year at the common guideline of spending no more than 30% of income on rent.
In Bingham Township (Clinton County), the median household income went from $60,703 in 2015–2019 to $77,273 in 2020–2024 (+27.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $77,273 (±$17,685)
- Median renter income
- $36,875 (±$17,688)
- Income to afford median rent
- about $39,100
Income in Bingham Township (Clinton County) against Clinton County, its state and the nation
| Bingham Township (Clinton County) | Clinton County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $77,273 (±$17,685) | $88,210 (±$4,115) | $72,875 (±$293) | $80,734 |
| Median renter household income | $36,875 (±$17,688) | $46,935 (±$6,710) | $42,352 (±$376) | $52,966 |
| Median owner household income | $86,953 (±$18,889) | $100,344 (±$4,917) | $87,130 (±$344) | $100,009 |
| Median gross rent | $978 (±$168) | $1,092 (±$43) | $1,129 (±$4) | $1,413 |
In Bingham Township (Clinton County), median household income is not measurably different from Clinton County ($88,210).
It is not measurably different from Michigan ($72,875).
It is not measurably different from the national figure ($80,734).
In Clinton County, Bingham Township (Clinton County) ranks 13 of 19 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 530 of 1,517.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Bingham Township (Clinton County)
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $978 a month ($11,736 a year) needs an income of about $39,100 a year.
The median renting household in Bingham Township (Clinton County) earns $36,875 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $60,703 (±$16,127) | $77,273 (±$17,685) | +27.3% | No measurable change after inflation |
| Median gross rent | $783 (±$155) | $978 (±$168) | +24.9% | No measurable change after inflation |
| Median home value | $172,000 (±$10,519) | $240,900 (±$28,380) | +40.1% | 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.
Median household income in places near Bingham Township (Clinton County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Bingham Township (Clinton County) | — | $77,273 (±$17,685) | — |
| St. Johns | 1.8 mi | $68,728 (±$8,966) | Not measurably different |
| Ovid Township (Clinton County) | 5.2 mi | $105,588 (±$20,421) | Higher |
| Olive Township (Clinton County) | 5.7 mi | $101,500 (±$8,102) | Higher |
| Greenbush Township (Clinton County) | 6.1 mi | $71,607 (±$13,903) | Not measurably different |
| Bengal Township | 6.8 mi | $91,250 (±$24,800) | Not measurably different |
| Victor Township | 7.8 mi | $106,343 (±$14,280) | Higher |
| Ovid | 8.3 mi | $50,145 (±$4,902) | Lower |
| Riley Township (Clinton County) | 8.4 mi | $95,000 (±$15,789) | Not measurably different |
Nearby places with a measurably lower figure: Ovid, MI ($50,145).
Nearby places with a measurably higher figure: Ovid Township (Clinton County), MI ($105,588), Olive Township (Clinton County), MI ($101,500), Victor Township, MI ($106,343).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Clinton County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 7 | Riley Township (Clinton County) | $95,000 (±$15,789) |
| 8 | Westphalia Township | $92,065 (±$18,172) |
| 9 | Eagle Township | $91,582 (±$17,559) |
| 10 | Bengal Township | $91,250 (±$24,800) |
| 11 | Dallas Township | $84,200 (±$31,209) |
| 12 | Lebanon Township | $80,313 (±$7,164) |
| 13 | Bingham Township (Clinton County) | $77,273 (±$17,685) |
| 14 | Bath Charter Township | $75,541 (±$7,648) |
| 15 | Greenbush Township (Clinton County) | $71,607 (±$13,903) |
| 16 | Essex Township | $71,488 (±$5,099) |
| 17 | St. Johns | $68,728 (±$8,966) |
| 18 | Duplain Township | $63,177 (±$6,624) |
| 19 | Ovid | $50,145 (±$4,902) |
Showing 13 of 19 places in Clinton County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Bingham Township (Clinton County)
What is the median household income in Bingham Township (Clinton County)?
The median household income in Bingham Township (Clinton County) is $77,273 (±$17,685) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Bingham Township (Clinton County)?
About $39,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $978 a month.
Have incomes in Bingham Township (Clinton County) kept up with inflation?
In Bingham Township (Clinton County), the median household income went from $60,703 in 2015–2019 to $77,273 in 2020–2024 (+27.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Bingham Township (Clinton County)?
The median renting household in Bingham Township (Clinton County), MI earns $36,875 (±$17,688) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Bingham township, Clinton County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Bingham township, Clinton County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bingham township, Clinton County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Bingham township, Clinton County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Bingham township, Clinton County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Bingham township, Clinton County, 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) and detailed tables (acs/acs5) for Bingham township, Clinton County, Michigan (county subdivision:08400, in state:26 county:037).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 Township (Clinton County) at a glance
- Median rent in Bingham Township (Clinton County)
- Renters and owners in Bingham Township (Clinton County)
- Home values in Bingham Township (Clinton County)
- Homeowner costs in Bingham Township (Clinton County)
- Property taxes in Bingham Township (Clinton County)
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- Population growth in Bingham Township (Clinton County)
- How long people stay in Bingham Township (Clinton County)
- Crowding and facilities in Bingham Township (Clinton County)
- Michigan landlord and tenant rules
- Housing across Clinton County
- Michigan places ranked by median household income
- Housing data for every place in Michigan