HomeMichiganOakland CountyBingham Farms village
Bingham Farms village, Michigan: commercial real estate data.
Bingham Farms village is a Census village of 1,680 people across 1.21 square miles of land, in Oakland County. Median household income is $244,618, 96.9 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $5.9 m.
80 sourced place values · tier FULL · 9 sections
Bingham Farms
What Bingham Farms is
- Census place typevillage
- Land area1.21 sq mi
- Water area0 sq mi
- Population per square mile of land1,392 plus or minus 380
- County holding the largest share of its areaOakland 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 Farms
How many people live in Bingham Farms
- Population1,680 plus or minus 459
- Median age66.5 plus or minus 14.1
- Population under 18258 plus or minus 67
- Share under 1815.4 percent plus or minus 5.8
- Population 65 and over882 plus or minus 357
- Share 65 and over52.5 percent plus or minus 15.7
- Households459
- Family households345
- Share of households that are families75.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bingham Farms
Income and work in Bingham Farms
- Median household income$244,618
- Per capita income$106,724 plus or minus $42,310
- Civilian labor force529
- Employed524
- Unemployed5 plus or minus 8
- Unemployment rate0.9 percent plus or minus 1.5
- Adults 25 and over1,401 plus or minus 490
- Adults 25 and over with a high school diploma or higher93.5 percent plus or minus 37.3
- Adults 25 and over with a bachelor degree or higher68.9 percent plus or minus 27.5
- Adults 25 and over with a graduate degree38.0 percent plus or minus 17.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bingham Farms
Housing in Bingham Farms
- Housing units483
- Occupied units459
- Vacant units24 plus or minus 25
- Vacancy rate5.0 percent plus or minus 5.1
- Owner occupied445
- Renter occupied14 plus or minus 14
- Ownership rate96.9 percent
- Median owner-occupied home value$580,500
- Median gross rent, monthly$3,501
- Annual rent as a share of median income17.2 percent
- Single family units419
- Share single family86.7 percent
- Units in buildings of two or more64 plus or minus 46
- Share in buildings of two or more13.3 percent plus or minus 9.3
- Mobile homes0
- Median year structure built1985
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bingham Farms
How Bingham Farms gets to work
- Workers 16 and over who commute331 plus or minus 81
- Commuting under 15 minutes63 plus or minus 30
- Share commuting under 15 minutes19.0 percent plus or minus 7.7
- Commuting 30 minutes or more114 plus or minus 43
- Share commuting 30 minutes or more34.4 percent plus or minus 9.9
- Drove alone60.8 percent plus or minus 12.5
- Carpooled2.9 percent plus or minus 2.5
- Public transport0.0 percent
- Walked0.6 percent plus or minus 0.8
- Worked from home35.1 percent plus or minus 10.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Bingham Farms
SBA 7(a) lending to Bingham Farms borrowers
- Approvals4
- Gross approval$5,877,900
- Average approval$1,469,475
- Median approval$1,801,000
- Ninetieth percentile approval$2,000,000
- Largest approval$2,000,000
- Jobs supported86
- Jobs per approval21.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
A charge-off rate is not published here. only 1 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.
Bingham Farms
SBA 504 lending to Bingham Farms borrowers
- Approvals1
- Gross approval$2,238,000
- Average approval$2,238,000
- Median approval$2,238,000
- Largest approval$2,238,000
- Jobs supported10
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Bingham Farms
Flood programme status in Bingham Farms
- Listed NFIP communities1
- Of those, participating1
- NFIP community number260713
- Currently effective map date09/29/06
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Oakland County, not Bingham Farms
Oakland County context, not Bingham Farms figures
These are Oakland 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 Farms measurements.
- Establishments in Oakland County39,792
- Employment at those establishments, Oakland County733,671
- Covered employment, Oakland County723,862
- Average annual pay, Oakland County$77,917
- Average weekly wage, Oakland County$1,498
- Housing units permitted, Oakland County2,886
- Of those, single family, Oakland County1,870
- County product, 2024, Oakland County$143,144,361,000
- County product change over the prior year, Oakland County3.7 percent
- Average income of an arriving household, Oakland County$85,214
Every figure in this section is published for Oakland County as a whole and is not a measurement of Bingham Farms. 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.
- 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 Farms questions, answered from the record.
How many people live in Bingham Farms, Michigan?
1,680, in 459 households. Bingham Farms village covers 1.21 square miles of land, which is 1,392 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Bingham Farms in?
Oakland 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 Farms?
$244,618. The median owner-occupied home is valued at $580,500. Median gross rent is $3,501 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 Farms businesses?
4 7(a) approvals totalling $5.9 m, across 4 lenders, median approval $1,801,000, plus 1 504 approvals worth $2.2 m. These count approvals to borrowers whose address is in Bingham Farms, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Bingham Farms borrowers get paid back?
No rate is published for Bingham Farms. only 1 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.
Is Bingham Farms in the National Flood Insurance Program?
Yes. Bingham Farms appears in the FEMA Community Status Book as community 260713, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Bingham Farms figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Oakland 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 Farms.
Is zoning published for Bingham Farms?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.