This data is based on ZIP codes 48025, 48034, which covers Bingham Farms and Beverly Hills and Farmington Hills and Franklin and Southfield.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 48025, 48034 area shared across these towns.
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Bingham Farms ZIP Area Economy · 2023
Wages +7% vs. avg. Oakland Co. town
Bingham Farms's ZIP area supports 41,318 jobs across 1,626 businesses, with workers earning an average of $80K per year, 7% above the Oakland County average. The economy is moderately diversified (0.83 index), led by professional services and healthcare. 80.3% of businesses have fewer than 20 employees, and each business employs an average of 25.4 people. Jobs grew 11.5% from the prior year while business count declined 1.5%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Oakland Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
1,626 businesses by employee count. 80.3% are small businesses (under 20 employees).
Small (10-19)
Micro (<5)
Small (5-9)
Medium (20-49)
Medium (50-99)
Large (100-249)
Major (500-999)
Major (250-499)
Economic Densityi
2.00+
jobs per resident
Capped: ZIP includes employers outside city limits
25.4
employees per business
County avg: 20.4+25%
$2.0M
payroll per resident
$2.0M
payroll per business
Bingham Farms ZIP Area vs. Avg. Oakland Co. Towni
All Industries in ZIP Areai
| Sector | Bingham Farms ZIP | Avg. Oakland Co. | Spec. |
|---|---|---|---|
| Professional Services | 382 | 244 | 1.4x |
| Healthcare | 376 | 208 | 1.6x |
| Finance & Insurance | 145 | 98 | 1.3x |
| Retail Trade | 109 | 160 | 0.6x |
| Real Estate | 105 | 66 | 1.4x |
| Food & Accommodation | 104 | 112 | 0.8x |
| Other Services | 89 | 108 | 0.7x |
| Admin Services | 88 | 95 | 0.8x |
| Information | 51 | 30 | 1.5x |
| Wholesale Trade | 48 | 82 | 0.5x |
| Construction | 36 | 92 | 0.3x |
| Management | 28 | 18 | 1.4x |
| Manufacturing | 18 | 65 | 0.2x |
| Education | 17 | 18 | 0.8x |
| Arts & Entertainment | 17 | 22 | 0.7x |
| Transportation | 13 | 25 | 0.5x |