What is the median household income in Bingham Township, PA?
The median household income in Bingham Township, PA is $61,875 (±$28,944) a year (2020–2024 American Community Survey).
In Bingham Township, the median household income went from $40,625 in 2015–2019 to $61,875 in 2020–2024 (+52.3%).
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
- $61,875 (±$28,944)
- Median renter income
- $41,042 (±$3,829)
Income in Bingham Township against Potter County, its state and the nation
| Bingham Township | Potter County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median household income | $61,875 (±$28,944) | $59,020 (±$4,562) | $77,971 (±$342) | $80,734 |
| Median renter household income | $41,042 (±$3,829) | $39,464 (±$5,756) | $47,506 (±$425) | $52,966 |
| Median owner household income | $71,635 (±$13,499) | $66,408 (±$4,942) | $95,990 (±$362) | $100,009 |
| Median gross rent | — | $809 (±$50) | $1,209 (±$5) | $1,413 |
In Bingham Township, median household income is not measurably different from Potter County ($59,020).
It is not measurably different from Pennsylvania ($77,971).
It is not measurably different from the national figure ($80,734).
In Potter County, Bingham Township ranks 12 of 30 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1804 of 2,545.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $40,625 (±$9,686) | $61,875 (±$28,944) | +52.3% | No measurable change after inflation |
| Median home value | $142,500 (±$35,222) | $246,100 (±$117,102) | +72.7% | 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
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Bingham Township | — | $61,875 (±$28,944) | — |
| Genesee Township | 4.9 mi | $69,722 (±$16,219) | Not measurably different |
| Ulysses | 5.1 mi | $34,063 (±$21,206) | Not measurably different |
| Town of Independence | 5.6 mi | $68,750 (±$15,451) | Not measurably different |
| Town of Willing | 6.6 mi | $68,778 (±$4,682) | Not measurably different |
| Harrison Township (Potter County) | 7.0 mi | $60,859 (±$9,825) | Not measurably different |
| Allegany Township | 8.1 mi | $71,250 (±$14,694) | Not measurably different |
| Town of West Union | 8.4 mi | $59,750 (±$14,989) | Not measurably different |
| Ulysses Township | 9.2 mi | $57,266 (±$18,297) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Potter County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 6 | Allegany Township | $71,250 (±$14,694) |
| 7 | Galeton | $70,298 (±$10,660) |
| 8 | Genesee Township | $69,722 (±$16,219) |
| 9 | Oswayo Township | $66,071 (±$11,123) |
| 10 | Portage Township (Potter County) | $63,750 (±$21,219) |
| 11 | West Branch Township | $63,438 (±$7,969) |
| 12 | Bingham Township | $61,875 (±$28,944) |
| 13 | Sweden Township | $61,000 (±$21,799) |
| 14 | Harrison Township (Potter County) | $60,859 (±$9,825) |
| 15 | Sylvania Township | $60,000 (±$21,291) |
| 16 | Abbott Township | $58,977 (±$14,322) |
| 17 | Ulysses Township | $57,266 (±$18,297) |
| 18 | Hebron Township | $56,563 (±$17,675) |
Showing 13 of 30 places in Potter 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
What is the median household income in Bingham Township?
The median household income in Bingham Township is $61,875 (±$28,944) a year (2020–2024 American Community Survey).
Have incomes in Bingham Township kept up with inflation?
In Bingham Township, the median household income went from $40,625 in 2015–2019 to $61,875 in 2020–2024 (+52.3%).
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?
The median renting household in Bingham Township, PA earns $41,042 (±$3,829) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Bingham township, Potter County, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Bingham township, Potter County, Pennsylvania
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bingham township, Potter County, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Bingham township, Potter County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Bingham township, Potter County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Bingham township, Potter County, Pennsylvania
- 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, Potter County, Pennsylvania (county subdivision:06432, in state:42 county:105).
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 at a glance
- Home values in Bingham Township
- Homeowner costs in Bingham Township
- Property taxes in Bingham Township
- Types of homes in Bingham Township
- Bedrooms in Bingham Township
- Age of homes in Bingham Township
- Heating fuel in Bingham Township
- Commute and cars in Bingham Township
- Pennsylvania landlord and tenant rules
- Housing across Potter County
- Pennsylvania places ranked by median household income
- Housing data for every place in Pennsylvania