Bingham, Maine Median Income

Bingham, Maine has a population of 745, with a median household income of $61,200.

Current median income data for Bingham.

$61,200

👥

Population

745

💰

Median Income

$61,200

📉

Unemployment

3.10%

🏠

Housing Price

$246,800

🚨

Crime Rate

2.80

🌐

Internet Speed

178.00 Mbps

Bingham is a notable city in Maine, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Bingham has a population of 745, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Bingham is $61,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Bingham is about $246,800, making it relatively affordable compared to many cities in Maine.

Employment and Safety

The unemployment rate in Bingham is 3.10%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Bingham are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Maine, Bingham shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Bingham offers a balanced mix of economic conditions, population trends, and housing opportunities within Maine.

Frequently Asked Questions about Bingham

What is the population of Bingham?

The population of Bingham is approximately 745.

Is Bingham a good place to live?

Bingham offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Bingham?

The median household income in Bingham is around $61,200.

How expensive is housing in Bingham?

The average housing price in Bingham is approximately $246,800.