Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Bingham Farms village, Michigan?
City · Census ACS 5-Year estimates
The median home value in Bingham Farms village, Michigan is $580,500 (±$76,643), based on Census ACS 5-Year estimates (2024). The median gross rent is $3,501/month, and the median household income is $244,618/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Bingham Farms village, Michigan
| Metric | Value |
|---|---|
| Median Home Value | $580,500 |
| Median Gross Rent | $3,501 |
| Median Household Income | $244,618 |
| Total Housing Units | 459 |
| Renter-Occupied Units | 14 |
| Renter-Occupied Share | 3% |
How does Bingham Farms village, Michigan compare?
Median home value ranked against all cities in Michigan.
Higher home value than 98% of cities in Michigan · 17th of 730
| # | City | Value |
|---|---|---|
| 1 | Crystal Downs Country Club CDP | $1,750,000 |
| 2 | Barton Hills village | $1,410,000 |
| 3 | Grand Beach village | $1,110,300 |
| … 13 more … | ||
| 17 | Bingham Farms village(you are here) | $580,500 |
| … 710 more … | ||
| 728 | Gaastra city | $49,200 |
| 729 | Marenisco CDP | $47,500 |
| 730 | Alpha village | $34,100 |
More data for Bingham Farms village, Michigan
Frequently asked questions
What is the median home value in Bingham Farms village, Michigan?
The median home value in Bingham Farms village, Michigan is $580,500, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Bingham Farms village, Michigan?
The median gross rent in Bingham Farms village, Michigan is $3,501/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Bingham Farms village, Michigan?
The median household income in Bingham Farms village, Michigan is $244,618/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $580,500 has a margin of error of ±$76,643. In very small areas, MOEs can be large relative to the estimate.
Managing rental properties?
Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.
Get started free