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Data story ยท 2026

What it costs to live in ZIP 48301 (Bingham Farms area), 2026

Housing costs, property taxes and rent burden for ZIP 48301 (Bingham Farms area), from the latest Census estimates and compared with Oakland County.

By Victoria JacksonEditor In Chief Published 1 min read
$708,300
Median home value
$1,757 a month
Median gross rent
$2,487 a month
Median monthly housing costs
$9,130 a year
Median property tax bill

Your next step

See the homes for sale behind these numbers.

Homes for sale in Bingham Farms

Every place has a story, and the numbers tell more of it than you might think. For median home value, ZIP 48301 (Bingham Farms area) comes in at $708,300, against $343,600 across Oakland County.

That is the highest of 68 ZIP codes in Oakland County. For median gross rent, ZIP 48301 (Bingham Farms area) comes in at $1,757 a month, against $1,376 a month across Oakland County.

That is the 13th highest of 65 ZIP codes in Oakland County.

The rest of the numbers

For median monthly housing costs, ZIP 48301 (Bingham Farms area) comes in at $2,487 a month, against $1,458 a month across Oakland County. That is the highest of 68 ZIP codes in Oakland County.

For median property tax bill, ZIP 48301 (Bingham Farms area) comes in at $9,130 a year, against $4,371 a year across Oakland County. That is the 2nd highest of 68 ZIP codes in Oakland County.

For property taxes as a share of home value, ZIP 48301 (Bingham Farms area) comes in at 1.29%, against 1.27% across Oakland County. That is the 29th highest of 68 ZIP codes in Oakland County.

For median rent as a share of renter income, ZIP 48301 (Bingham Farms area) comes in at 31.9%, against 27.8% across Oakland County. That is the 19th highest of 65 ZIP codes in Oakland County.

For monthly owner costs without a mortgage, ZIP 48301 (Bingham Farms area) comes in at $1,296 a month, against $778 a month across Oakland County. That is the 2nd highest of 68 ZIP codes in Oakland County.

Next door

ZIP 48025 (Southfield Township area) nearby comes in at $544,500 for median home value. ZIP 48302 (Bloomfield Township area) nearby comes in at $661,900 for median home value.

ZIP 48034 (Bingham Farms area) nearby comes in at $265,800 for median home value.

How we read the numbers

Every figure is the U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. Ranks compare ZIP codes in Oakland County with the same figure on file.

Final word

Every place named here links to its own guide on Rebuild Detroit. Keep this page handy.

Sources

Victoria Jackson

Victoria Jackson

Editor In Chief, Detroit Ledger

Victoria Jackson is a lifelong student and sharp-eyed documentarian of all things Detroit, from its rich musical roots and cultural icons to its shifting neighborhoods, storied architecture, and underground legends.