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Bingham, ME Real Estate


According to census data in the year 2000 there were 478 housing units in Bingham. This represents a 1% decline from 483 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 478 were located in what is classified as a rural area.

Homeownership rate in Bingham is about 70.6%. Bingham's vacancy rate, including seasonal lodging, is about 24.7%. Average household size is 2.26 people.

The majority of houses, apartments or condos in Bingham were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom14.60%
Two Bedrooms27%
Three Bedrooms40.60%
Four Bedrooms13.60%
Five Bedrooms or more3.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1939
Median Value of occupied units$57,300
Median Price asked for vacant units$50,800

Rented Homes, Apartments and Condos

Average Household Size1.99
Median year structure was built1940
Median Monthly Rent asked for vacant units$317

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.70%
Home Equity Loan4.80%
Simple Mortgage31.40%
Debt Free60.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.1%