Individuals and households get their income from three main sources: net earnings by place of residence; dividends, interest, and rent; and transfer payments (for example, Social Security and Unemployment Compensation).
Among Bingham residents in 2019. . .
- net earnings made up 60 percent of personal income, compared to 63 percent in 2010;
- dividends, interest and rent - income from investments - made up 15 percent of personal income, compared to 15 percent in 2010;
- transfer payments made up 21 percent of personal income, compared to 22 percent in 2010.