HomeMaineSomerset CountyBingham CDP
Bingham CDP, Maine: commercial real estate data.
Bingham CDP is a Census CDP of 564 people across 2.26 square miles of land, in Somerset County. Median household income is $34,688, 84.2 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $67,300.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Bingham
What Bingham is
- Census place typeCDP
- Land area2.26 sq mi
- Water area0 sq mi
- Population per square mile of land250 plus or minus 65
- County holding the largest share of its areaSomerset County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bingham
How many people live in Bingham
- Population564 plus or minus 147
- Median age55.6
- Population under 1883 plus or minus 47
- Share under 1814.7 percent plus or minus 7.4
- Population 65 and over187 plus or minus 57
- Share 65 and over33.2 percent
- Households285 plus or minus 65
- Family households165 plus or minus 49
- Share of households that are families57.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bingham
Income and work in Bingham
- Median household income$34,688 plus or minus $23,237
- Per capita income$27,272
- Civilian labor force233 plus or minus 84
- Employed213 plus or minus 79
- Unemployed20 plus or minus 20
- Unemployment rate8.6 percent plus or minus 8.0
- Adults 25 and over461 plus or minus 99
- Adults 25 and over with a high school diploma or higher90.5 percent plus or minus 27.0
- Adults 25 and over with a bachelor degree or higher25.4 percent plus or minus 9.4
- Adults 25 and over with a graduate degree8.2 percent plus or minus 6.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bingham
Housing in Bingham
- Housing units401
- Occupied units285 plus or minus 65
- Vacant units116 plus or minus 59
- Vacancy rate28.9 percent plus or minus 13.8
- Owner occupied240 plus or minus 60
- Renter occupied45 plus or minus 29
- Ownership rate84.2 percent
- Median owner-occupied home value$104,500 plus or minus $32,537
- Median gross rent, monthly$354 plus or minus $264
- Annual rent as a share of median income12.2 percent plus or minus 12.3
- Single family units320 plus or minus 70
- Share single family79.8 percent
- Units in buildings of two or more33 plus or minus 29
- Share in buildings of two or more8.2 percent plus or minus 7.0
- Mobile homes48 plus or minus 27
- Median year structure built1947
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bingham
How Bingham gets to work
- Workers 16 and over who commute201 plus or minus 80
- Commuting under 15 minutes77 plus or minus 40
- Share commuting under 15 minutes38.3 percent plus or minus 12.9
- Commuting 30 minutes or more94 plus or minus 42
- Share commuting 30 minutes or more46.8 percent plus or minus 10.0
- Drove alone90.6 percent
- Carpooled3.8 percent plus or minus 5.0
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home5.6 percent plus or minus 4.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bingham
SBA loans in Bingham (7(a))
- Approvals1
- Gross approval$67,300
- Average approval$67,300
- Median approval$67,300
- Ninetieth percentile approval$67,300
- Largest approval$67,300
- Jobs supported2
- Jobs per approval2.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Somerset County, not Bingham
Somerset County context, not Bingham figures
These are Somerset County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Bingham measurements.
- Establishments in Somerset County1,211
- Employment at those establishments, Somerset County12,763
- Covered employment, Somerset County16,034
- Average annual pay, Somerset County$55,148
- Average weekly wage, Somerset County$1,061
- Housing units permitted, Somerset County118
- Of those, single family, Somerset County102
- County product, 2024, Somerset County$2,438,935,000
- County product change over the prior year, Somerset County3.6 percent
- Average income of an arriving household, Somerset County$46,763
Every figure in this section is published for Somerset County as a whole and is not a measurement of Bingham. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Bingham questions, answered from the record.
How many people live in Bingham, Maine?
564, in 285 households. Bingham CDP covers 2.26 square miles of land, which is 250 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Bingham in?
Somerset County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Bingham?
$34,688. The median owner-occupied home is valued at $104,500. Median gross rent is $354 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Bingham businesses?
1 7(a) approvals totalling $67,300, across 1 lenders, median approval $67,300. These count approvals to borrowers whose address is in Bingham, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Bingham borrowers get paid back?
No rate is published for Bingham. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Bingham figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Somerset County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Bingham.
Is zoning published for Bingham?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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