Income & Economy in Bingham, ME

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$53,750

-27% vs national

Per Capita Income

$27,962

-25% vs national

Poverty Rate

14.7%

+8% vs national

Gini Index

0.3861

0 = perfect equality

Unemployment

12.5%

+140% vs national

SNAP Recipients

22.6%

of households

How Bingham Compares

Source: Census ACS (2023)

Bingham vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Bingham is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Bingham. The median household income here is $53,750.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
25.0%
$25-50K
23.3%
$50-75K
13.8%
$75-100K
28.4%
$100-150K
6.4%
$150-200K
3.0%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

12.5%

+135% vs ME avg

Labor Force

289

Employed

253

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

15.2%

of adults 25+

High School Diploma+

47.5%

of adults 25+

Median Age

46.9

Work from Home

2.4%

of workers

The median household income in Bingham, ME is $53,750, which is 26.6% below the national average of $73,224. Per capita income is $27,962. The poverty rate of 14.7% is higher than the ME state average of 13.9%. The Gini index of income inequality is 0.3861, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 12.5%, compared to the state average of 5.3%. 15.2% of adults hold a bachelor's degree or higher.